European Wax Center, Inc. — fact timeline

European Wax Center, Inc. underwent a change of control involving Glow Midco, LLC for $5.80 per share of Class A Common Stock (closed 2026-05-08).

“excluded shares pursuant to the terms of the Merger Agreement, was cancelled and extinguished and automatically converted into the right to receive an amount in cash equal to $5.80 per share of Class A Common Stock, without interest thereon (the “ Class A Per Share Price ”), (ii) each share of the Company’s Class B common stock, par value $0.00001 per share”

European Wax Center, Inc. terminated Series 2022-1 Supplement and Base Indenture (April 6, 2022) with Citibank, N.A. valued at $388.1 million prepayment including $385,000,000 principal plus $3.1 million accrued interest (effective 2026-05-08).

“Concurrently with the closing of the Mergers, the Master Issuer prepaid in full all outstanding Series 2022-1 5.50% Fixed Rate Senior Secured Notes, Class A-2 issued pursuant to that certain Series 2022-1 Supplement, dated as of April 6, 2022, as amended, supplemented, amended and restated or otherwise modified from time to time, by and between the Master Issuer and Citibank, N.A., as trustee, and that certain Base Indenture, dated as of April 6, 2022, as amended, supplemented, amended and restated or otherwise modified from time to time, by and between the Master Issuer and Citibank, N.A., as trustee and securities intermediary, and all pledge, security, management and other agreements and documents related thereto.”

European Wax Center, Inc. entered into Amended and Restated Base Indenture and Series 2026-1 Supplement with Citibank, N.A. valued at $460,000,000 aggregate principal amount of Series 2026-1 6.40% Fixed Rate Senior Secured Notes, Clas (effective 2026-05-08).

“As previously disclosed, European Wax Center, Inc., a Delaware corporation (the “ Company ”), entered into an Agreement and Plan of Merger, dated as of February 9, 2026 (the “ Merger Agreement ”), by and among Glow Midco, LLC, a Delaware limited liability company (“ Parent ”), Glow Merger Sub 1, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“ Merger Sub Inc. ”), Glow Merger Sub 2, LLC, a Delaware limited liability company and a wholly owned subsidiary of Parent (“ Merger Sub LLC ,” and together with Merger Sub Inc., the “ Merger Subs ”) and EWC Ventures, LLC, a Delaware limited liability company (“ Opco ”), pursuant to which (i) Merger Sub Inc. merged with and into the Company (the “ Corporate Merger ”), with the Company surviving the Corporate Merger as the surviving corporation (the “ Surviving Corporation ”) and a wholly owned subsidiary of Parent and (ii) Merger Sub LLC merged with and into Opco, with Opco surviving as the surviving limited liability company”

European Wax Center, Inc. incurred senior notes of up to $40,000,000 with Citibank, N.A..

“up to $40,000,000 aggregate principal amount of the Series 2026-1 Variable Funding Senior Secured Notes, Class A-1”

European Wax Center, Inc. incurred senior notes of $460,000,000 with Citibank, N.A. at 6.40% Fixed Rate.

“$460,000,000 aggregate principal amount of the Series 2026-1 6.40% Fixed Rate Senior Secured Notes, Class A-2”

Not Named was appointed as Officer at European Wax Center, Inc..

“the officers of Merger Sub Inc. became the officers of the Surviving Corporation”

Not Named was appointed as Director at European Wax Center, Inc..

“the directors of Merger Sub Inc. became the directors of the Surviving Corporation”

Not Named departed as Director at European Wax Center, Inc..

“each of the members of the board of directors of the Company as of immediately prior to the Effective Time ceased his or her respective service as a director of the Company”

European Wax Center, Inc. shareholders approved Proposal to approve and adopt the Merger Agreement and the transactions contemplated thereby, including the Mergers. at the 2026-05-07 meeting.

“Merger Agreement Proposal: The total number of the votes (based on the voting power of shares of Company Common Stock entitled to vote) with respect to the Merger Agreement Proposal were as follows: For Against Abstain Broker Non-Votes Statutory Merger Approval 41,008,435 5,122,714 354,769 N/A Unaffiliated Stockholders Approval 17,884,892 5,122,714 354,769 N/A”

European Wax Center, Inc. reported Fiscal 2025 results: revenue $206.6 million, net income Net income of $11.9 million.

“Annual Results for Fiscal 2025 versus Fiscal 2024 • Franchisees opened 11 and closed 31 centers in fiscal 2025. • System-wide sales of $947.3 million decreased 0.4% from $951.0 million compared to the prior year. • Total revenue of $206.6 million decreased 4.7% from $216.9 million in the prior year. • Same-store sales increased 0.2%. • Selling, general and administrative expenses (“SG&A”) of $58.4 million decreased 0.6% from $58.7 million in the prior year. SG&A as a percent of total revenue increased 110 basis points to 28.2% from 27.1% primarily driven by lower revenue, as SG&A expenses were generally consistent year-over-year. • Interest expense, net of $26.3 million increased from $25.5 million in the prior year. • Income tax expense increased to $4.7 million from $2.2 million in the prior year. The effective tax rate increased to 28.5% from 13.0% in the prior year-to-date period, primarily due to an increase related to our investment in EWC Ventures LLC, an increase related to sta”

European Wax Center, Inc. reported Fourth Quarter of Fiscal 2025 results: revenue $45.1 million, net income Net loss of $1.5 million.

“Results for the Fourth Quarter of Fiscal 2025 versus Fiscal 2024 • Franchisees opened 1 and closed 7 centers. We ended the quarter with 1,047 centers, representing a 1.9% decrease versus 1,067 centers in the prior year period. • System-wide sales of $225.6 million decreased 1.6% from $229.3 million in the prior year period, primarily driven by a shift in service mix. • Total revenue of $45.1 million decreased 9.3% from $49.7 million in the prior year period. • Same-store sales decreased 0.1%. • Selling, general and administrative expenses (“SG&A”) of $15.5 million increased 4.3% from $14.8 million in the prior year period. SG&A as a percent of total revenue increased 450 basis points to 34.3% from 29.8% primarily driven by strategic investments in headcount to support long-term growth initiatives and lower revenue primarily resulting from one-time support investments to franchisees. • Interest expense, net of $6.6 million increased from $6.4 million in the prior year period. • Income t”

European Wax Center, Inc. entered into Merger Agreement with Glow Midco, LLC, Glow Merger Sub 1, Inc., Glow Merger Sub 2, LLC, and EWC Ventures, LLC (effective 2026-02-09).

“On February 9, 2026, European Wax Center, Inc., a Delaware corporation (the “ Company ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Glow Midco, LLC, a Delaware limited liability company (“ Parent ”), Glow Merger Sub 1, Inc., a Delaware corporation and wholly owned subsidiary of Parent (“ Merger Sub Inc. ”), Glow Merger Sub 2, LLC, a Delaware limited liability company and wholly owned subsidiary of Parent (“ Merger Sub LLC ,” and together with Parent and Merger Sub Inc., the “ Buyer Parties ”) and EWC Ventures, LLC, a Delaware limited liability company and subsidiary of the Company (“ Opco ”)”

Stacie Shirley departed as Chief Financial Officer at European Wax Center, Inc..

“In connection with Mr. Kim’s appointment as the Company’s Chief Financial Officer, the Company announced that Stacie Shirley will depart from her position as Chief Financial Officer of the Company, effective as of the Effective Date.”

Thomas Kim was appointed as Chief Financial Officer at European Wax Center, Inc..

“On March 5, 2025, the Company appointed Thomas Kim as Chief Financial Officer of the Company, effective April 7, 2025 or such earlier date that may be mutually agreed by the parties (the “Effective Date”).”

Andrea Wasserman departed as Chief Commercial Officer at European Wax Center, Inc..

“On September 19, 2024, the Company announced that Andrea Wasserman departed from her position as Chief Commercial Officer of the Company, effective September 16, 2024.”

David Willis resigned as Director at European Wax Center, Inc..

“On August 15, 2024, David Willis resigned from the board of directors (the “Board”) of European Wax Center, Inc. (the “Company”), effective August 15, 2024.”

David Berg changed role as Chief Executive Officer at European Wax Center, Inc..

“David Berg, who has served the Company as Executive Chair since 2023 and previously served as the Company’s Chief Executive Officer, assumed the role of Chief Executive Officer effective as of August 12, 2024.”

David Willis departed as Chief Executive Officer at European Wax Center, Inc..

“David Willis departed from his position as Chief Executive Officer of the Company, effective August 12, 2024.”

Julia Hunter was appointed as Director at European Wax Center, Inc..

“Following Mr. Joseph’s resignation, on August 1, 2024, the Board appointed Julia Hunter as a director of the Company to fill the vacancy on the Board, effective immediately.”

Shaw Joseph resigned as Director at European Wax Center, Inc..

“On August 1, 2024, Shaw Joseph notified European Wax Center, Inc. (the “Company”) that he would be resigning from the Company’s Board of Directors (“the Board”), effective immediately.”

European Wax Center, Inc. reported 13 weeks ended April 6, 2024 results: revenue $51.9 million, net income $3.7 million. Guidance reaffirmed.

“Quarter Fiscal 2024 versus 2023 • Net new centers increased 7.5% to 1,051 total centers in 45 states • System-wide sales of $221.4 million increased 1.3% • Total revenue of $51.9 million increased 4.0% • Same-store sales decreased 1.2% • GAAP net income of $3.7 million and Adjusted net income of $4.8 million • Adjusted EBITDA of $17.5 million increased 7.4%”

European Wax Center, Inc. updated its the fiscal year ended January 6, 2024 guidance (initiated).

“On March 6, 2024, European Wax Center, Inc. (the “Company”) issued the press release attached hereto as Exhibit 99.1 reporting its financial results for the fiscal year ended January 6, 2024.”

European Wax Center, Inc. reported 13 and 39 weeks ended September 30, 2023 results: revenue $55.7 million, net income $4.2 million. Guidance lowered.

“Quarter Fiscal 2023 versus 2022 • Net new centers increased 12.6% to 1,026 total centers in 45 states • System-wide sales of $240.7 million increased 2.4% • Total revenue of $55.7 million increased 1.2% • Same-store sales increased 3.4% • GAAP net income of $4.2 million and Adjusted net income of $6.1 million • Adjusted EBITDA of $19.3 million Plano, TX, November”

European Wax Center, Inc. reported second quarter fiscal 2023 results: revenue Total revenue of $59.1 million increased 10.7%, net income Net income of $5.6 million increased 175.4%.

“European Wax Center, Inc. Reports Second Quarter Fiscal Year 2023 Results Achieves milestone 1000 th center opening Reiterates fiscal 2023 outlook Second Quarter Fiscal 2023 versus 2022 • Net new centers increased 12.3% to 1,003 total centers in 45 states • System-wide sales of $254.2 million increased 10.0% • Total revenue of $59.1 million increased 10.7% • Same-store sales increased 2.6% • GAAP net income of $5.6 million increased 175.4% • Adjusted EBITDA of $21.2 million increased 13.8%”

David Willis was appointed as Class I director at European Wax Center, Inc..

“the Board appointed Mr. Willis as a member of the Board as a Class I director, effective September 30, 2023.”

David Willis was appointed as Chief Executive Officer at European Wax Center, Inc..

“David Willis, who has served the Company as President and Chief Operating Officer, will assume the role of Chief Executive Officer effective as of September 30, 2023.”

David Berg was appointed as Executive Chair at European Wax Center, Inc..

“As of such date, Mr. Berg will remain an employee of the Company and will assume the position of Executive Chair of the Company’s Board of Directors (the “Board”).”

European Wax Center, Inc.: Stockholders approved an amendment to the Amended and Restated Certificate of Incorporation to limit the monetary liability of officers for breach of the duty of care in certain actions, as permitted by Delaware law (effective 2023-06-07).

“On June 6, 2023, at the annual meeting (the “Annual Meeting”) of stockholders of European Wax Center, Inc. (the “Company”), stockholders approved an amendment to the Company's Amended and Restated Certificate of Incorporation (the “Charter Amendment”), to provide for the limitation of monetary liability of officers of the Company for breach of the duty of care in certain actions, as permitted by recent amendments to the General Corporation Law of the State of Delaware.”

European Wax Center, Inc. shareholders approved Approval of amendment to the Amended and Restated Certificate of Incorporation to limit liability of officers.

“The stockholders of the Company approved the Charter Amendment to provide for the limitation of monetary liability of officers of the Company for breach of the duty of care in certain actions. The results of the vote were as follows: For Against Abstain Broker Non-Votes 42,807,016 2,432,602 2,951,223 11,321,810”

European Wax Center, Inc. shareholders approved Ratification of the selection of Deloitte & Touche LLP as independent registered public accounting firm at the 2024-01-06 meeting.

“The stockholders of the Company ratified the selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ended January 6, 2024. The results of the vote were as follows: For Against Abstain 59,481,936 1,424 29,291”

European Wax Center, Inc. shareholders approved Election of Class II directors.

“The stockholders of the Company elected the director nominees listed below to serve on the Company's Board of Directors as members of Class II for a term of three years. The results of the vote were as follows: Name of Nominee For Withhold Broker Non-Votes Laurie Ann Goldman 47,776,082 414,759 11,321,810 Dorvin Lively 34,152,452 14,038,389 11,321,810 Nital Scott 47,935,356 255,485 11,321,810”

Andrea Wasserman was appointed as Chief Commercial Officer at European Wax Center, Inc..

“On May 22, 2023, the Company announced the appointment of Andrea Wasserman as Chief Commercial Officer (“CCO”) of the Company, effective May 30, 2023.”

European Wax Center, Inc. reported the 13 weeks ended April 1, 2023 results: revenue $49.9 million, net income $1.1 million. Guidance reaffirmed.

“• Net new centers increased 11.9% to 978 total centers in 45 states • System-wide sales of $218.4 million increased 5.5% • Total revenue of $49.9 million increased 9.8% • Same-store sales increased 4.5% • GAAP net loss of $1.1 million and Adjusted EBITDA of $16.3 million”

European Wax Center, Inc. reported Fiscal 2023 results: revenue $222 million to $229 million. Guidance initiated.

“Fiscal 2023 Outlook (1) Fiscal 2023 Outlook New Center Openings, Net 95 to 100 System-Wide Sales $965 million to $990 million Total Revenue $222 million to $229 million Same-Store Sales Mid-Single Digits Adjusted Net Income (2) $22 million to $24.5 million Adjusted EBITDA $77 million to $80 million —————————————— (1) Fiscal 2022 and Fiscal 2023 each include a 53rd week in the fourth quarter.”

European Wax Center, Inc. reported the 53 weeks ended December 31, 2022 results: revenue $207.4 million, net income $13.6 million.

“Total revenue of $207.4 million increased 16.0% from $178.7 million in the prior year.”

European Wax Center, Inc. reported the 14 weeks ended December 31, 2022 results: revenue $53.5 million, net income $2.3 million.

“Total revenue of $53.5 million increased 18.7% from $45.1 million in the prior year period.”

David Willis changed role as President at European Wax Center, Inc..

“the Company announced the promotion of David Willis as President of the Company, effective March 27, 2023.”

Stacie Shirley was appointed as Chief Financial Officer at European Wax Center, Inc..

“the Company announced the appointment of Stacie Shirley, age 54, as Chief Financial Officer (“CFO”) of the Company effective March 27, 2023.”

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).

“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.”

European Wax Center, Inc. reported fiscal year ended December 31, 2022 results: revenue Total revenue above the high end of previous outlook of $202 million to $205 million, net income Adjusted net income at the high end of previous outlook of $27.5 million to $28.5 million. Guidance raised.

“, exceeding previous outlook of $885 million to $895 million The Company expects to deliver fiscal 2022 results of: • Total revenue above the high end of previous outlook of $202 million to $205 million • Same-store sales above the high end of previous outlook of approximately 9.5% • Adjusted net income at the high end of previous outlook of $27.5 million to”

European Wax Center, Inc. reported financial results for 13 and 39 weeks ended September 24, 2022.

“On November 3, 2022, European Wax Center, Inc. issued the press release attached hereto as Exhibit 99.1 reporting its financial results for the 13 and 39 weeks ended September 24, 2022.”

Jennifer Vanderveldt departed as Chief Financial Officer at European Wax Center, Inc..

“Mr. Willis succeeds Jennifer Vanderveldt, who is leaving the Company to pursue other opportunities.”

David Willis was appointed as Chief Financial Officer at European Wax Center, Inc..

“Chief Operating Officer David Willis has been appointed Chief Financial Officer.”

Nital Scott was elected as director at European Wax Center, Inc..

“On November 22, 2021, the Board of Directors (the “Board”) of European Wax Center, Inc. (the “Company”) increased the size of the Board from six to seven members and elected Nital Scott as a director of the Company to fill the vacancy on the Board, effective immediately.”