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Waldencast SPAC

We test and demonstrate our transformative research-backed results in studies and visuals Case study: Nu-Derm® Baseline 93% of patients rated their test treatment as more effective than other medications² Week 4 95% of patients were satisfied with the overall effectiveness of the test treatment² 5 4 3 2 1 0 Skin condition treated: Melasma¹ Median grade for melasma severity 4 8 12 Week 16 20 Source: "Treating Melasma With a 4% Hydroquinone Skin Care System Plus Tretinoin Cream: Results From 3 Studies in A Variety Patient Types"; Authors: Michael Gold, MD; Suzanne Bruce, MD; Pearl Grimes, MD; Barry DiBernardo, MD; JoAnne Watson, DPM; Marta Rendon, MD, FAAD & Chere Lucas-Anthony, MD, FAAD; Number of subjects who completed the study: 61; 1 A condition in which brown patches appear on the face. **P≤.01, ***P<.001 versus baseline; 2 Data as of week 24. Note: For Important Safety Information, please see slide 53; The photos have not been retouched, results may vary. 24 Moderate Moderate Mild Mild Minimal / trace None 4% hydroquinone skin care system + 0.025% tretinoin cream 4% hydroquinone skin care system + 0.05% tretinoin cream ▲ 4% hydroquinone skin care system + 0.1% tretinoin cream 37
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