European Wax Center (EWCZ) investor relations material

Executive summary

• A special meeting of stockholders is scheduled for May 7, 2026, to vote on proposed mergers involving the company and affiliates of General Atlantic.

• The mergers will result in the company becoming a wholly owned subsidiary of Glow Midco, LLC, with no change to the consideration or meeting timing.

• Supplemental disclosures address recent demand letters from stockholders and provide additional financial analysis details.

• Forward-looking statements highlight risks related to merger completion, regulatory approvals, business disruptions, and litigation.

Voting matters and shareholder proposals

• Stockholders are asked to approve the mergers and related matters at the special meeting.

• The board continues to recommend voting in favor of all proposals.

Board of directors and corporate governance

• The special committee, composed entirely of independent directors, evaluated the merger and related interests of directors and officers.

• No discussions of post-merger employment for directors or officers occurred prior to the merger agreement.