Oddity Tech Investor Relations Material

Oddity Tech Ltd is a consumer technology company specializing in the beauty and wellness sectors. They are known for creating and expanding digital-first brands, leveraging advanced technologies such as artificial intelligence, molecular discovery, computer vision, and a data science-driven online platform. The company markets beauty, hair, and skincare products under a number of its brands. Furthermore, Oddity Tech operates ODDITY LABS, a biotechnology center focused on developing product ingredients, including novel molecules, probiotics, and peptides. The company is headquartered in NYC, and its shares are listed on the Nasdaq.

One of the standout features of Oddity's platform is PowerMatch, a proprietary AI system designed to match consumers with the perfect product. This technology, along with SpoiledBrain, utilizes numerous machine learning models to provide accurate product recommendations, streamlining the consumer experience and providing product recommendations without users having to step foot in a store. Oddity's platform leverages a "massive data lake," with over 40 million unique users and more than a billion data points, Oddity harnesses machine learning, data science, computer vision, and AI-guided molecular discovery to drive its initiatives.

Oddity Labs is the company’s biotechnology center and focuses on applying AI-based molecule discovery techniques within the beauty and wellness industries. The company utilizes a combination of synthetic biology, genomic sequencing, robotics, and machine learning to develop new products. Its focus is on creating small molecules, probiotics, peptides, and other biological substances to address a wide array of consumer needs efficiently and effectively. The development process at Oddity Labs includes various stages such as phenotypic screening, medicinal chemistry, molecular screening, deep learning, and both in vitro and ex vivo validation to ensure the safety and efficacy of their products​​​​.

The company also owns and operates two of its own brands: Il Makiage and SpoiledChild. Il Makiage produces and sells makeup products while SpoiledChild sells anti-aging skin and hair products. Both brands utilize the parent company’s AI-driven platforms. Through these brands, the company competes against other companies in the industry such as L’Oreal and Elf Beauty.