Waldencast SPAC

GROWTH OPPORTUNITY: EXPANSION ACROSS GEOGRAPHIES IN EXISTING AND NEW MARKETS ~1,300 of 2,900+ milkmakeup.com only ships to the U.S. today Note: Door counts represent expansion opportunities in brick and mortar stores Source: Retailer company websites + ~200 of 6,200+ Tremendous whitespace for untapped department store + eCommerce distribution + Current Milk Presence in Brick & Mortar Expansion Opportunity 84

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