---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-004374"
form_type: "8-K"
ticker: "EWCZ"
cik: "0001856236"
company_name: "European Wax Center, Inc."
filed_at: "2023-02-24T23:59:59+00:00"
generated_at: "2026-06-19T00:58:06.640330+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# European Wax Center adopts change-in-control severance plan for CEO and CFO; amends bylaws for universal proxy rules

## Summary
- Board approved Severance Plan for CEO David P. Berg and CFO/COO David L. Willis, with enhanced benefits upon change in control (2.5x salary+bonus for CEO, 2x for CFO).
- Severance Plan provides base salary continuation (18 months CEO, 12 months CFO) for non-CIC terminations; full equity vesting on CIC termination.
- Executives waived severance rights under prior employment agreements via Severance Waiver.
- Bylaws amended to incorporate SEC universal proxy Rule 14a-19, reserve white proxy card for company, and update DGCL provisions.
- Amendments effective February 22, 2023.

## SEC filing metadata
- accession: 0000950170-23-004374
- form_type: 8-K
- ticker: EWCZ
- cik: 0001856236
- company_name: European Wax Center, Inc.
- filed_at: 2023-02-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856236/000095017023004374/0000950170-23-004374-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856236/000095017023004374/ewcz-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-004374
- JSON: https://secwatch.observer/filing/0000950170-23-004374.json
- Plain text: https://secwatch.observer/filing/0000950170-23-004374.txt

## Key facts
- Governance Changes
  European Wax Center, Inc.: Amended and restated by-laws to update advance notice provisions for universal proxy rules and conform to DGCL requirements regarding adjourned meetings and stockholder lists (effective 2023-02-22).
  - Change: bylaw amendment
  - Effective: 2023-02-22
  source text: On February 22, 2023, the Board of the Company approved the Company’s Second Amended and Restated By-Laws (as so amended and restated, the “Amended By-Laws”), effective as of such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856236/000095017023004374/0000950170-23-004374-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.