European Wax Center (EWCZ) Proxy filing summary

Executive summary

• A merger is planned involving Glow Midco, LLC, Glow Merger Sub 1, Inc., Glow Merger Sub 2, LLC, the company, and Opco, with the company and Opco surviving post-merger.

• Holders of EWC Management Holdco common units are required to redeem their units for paired interests and then exchange those for Class A common stock, receiving $5.80 per share upon merger completion.

• If the merger does not occur, all submitted exchange materials will be destroyed or returned, and no redemption or exchange will be effected.

• The tax treatment of payments under the Tax Receivable Agreement is expected to align with prior descriptions, but members are advised to consult tax advisors due to complexity.

Voting matters and shareholder proposals

• Stockholders are being solicited to approve the merger transaction and related matters via a definitive proxy statement filed with the SEC.

• The proxy statement and related filings contain important information for investors and security holders regarding the transaction.

Board of directors and corporate governance

• Information about directors, executive officers, and their interests in the merger is disclosed in the proxy statement and referenced SEC filings.

• Additional details on director independence and related transactions are available in the annual report and prior proxy statements.