Waldencast SPAC

2021 E-2023E Revenue CAGR 2022E Adj. EBITDA Margin¹ 2023E Adj. EBITDA Margin¹ 2021E-2023E Adj. EBITDA CAGR¹ MX waldencast AW 21% 20% 24% 40% L'ORÉAL 10% 24% 24% Peer benchmarking 12% ESTEE LAUDER 10% 24% 25% 12% Source: Historical data from company filings; projections from FactSet as of 04/22/2022 ¹ 2022 and 2023 EBITDA reflects deduction of $5mm for public company costs BEAUTY elf eyes lips face 8% 20% 20% 17% OLAPLEX. hydrafacial 31% 63% 60% 23% 25% 15% 20% 58% HIGH-GROWTH CONSUMER lululemon athletica 19% 26% 26% 20% align OFIGS 21% 29% 30% 26% 32% 22% 23% 26% PEER GROUP AVERAGE 19% 28% 29% 24% 94

View entire presentation