Waldencast 2Q22 Investor Results

US Physician Dispensed Expand Physician Penetration US PHYSICIAN DISPENSED +8.3% +$1.4m NET SALES vs YAGO NET SALES YTD REVENUE FROM NEW ACCOUNTS PENETRATION TODAY 35%-40% Source: H1 2022 vs. H1 2021 Obagi Internal Sales Data Of US DERMS Obagi Hydrate Luxe Moisture-Rich Cream Net wt. 1.7 oz. (48 g)

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