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Waldencast SPAC

OUR BRAND VALUES ALIGN WITH THE NEXT GENERATION WE BELIEVE THESE WILL BECOME "WORLD VALUES" AND BE A POWERFUL LEVER FOR GROWTH I Natural, non-toxic ingredients are the biggest consideration I for younger generations when shopping I for beauty products¹ I 81% Iof Gen Z consumers view I I I I social impact and sustainability as important factors to their purchase decision² Gen Z consumers are increasingly focused on a company's mission and purpose³ ¹Klarna 2021 Beauty Survey; 2 Cowen (October 2021);³ McKinsey & Co. GOOD FOR YOU FORMULAS IMPROVING OUR FOOTPRINT INVESTING IN OUR COMMUNITY ve 255 OUR VALUES ALIGN WITH THE NEXT GENERATION B RICELE Cruelty Free INTERNATIONAL PLANE COALITION Milk MAKEUP X TM EST pact FASHION SCHOLARSHIP FUNDS PARABEL Ø FREE Milk MAKEUP X grevolution THE CENTER How2Recycle clean vegan cruelty-free 99% natural ✓ More environmentally friendly packaging ✓ Product refills January 2022 Updates Here Are Our 5 Commitments to Ourselves and Our Community. 78
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