We are the largest and the fastest-growing franchisor and operator of out-of-home (OOH) waxing services in the United States by number of centers and system-wide sales. We delivered over 21 million waxing services in 2019 and over 13 million waxing services in 2020, generating more than $687 million and $469 million of system-wide sales, respectively, across our highly franchised network. We have a leading portfolio of centers operating in 808 locations across 44 states as of March 27, 2021. Of these locations, 803 are franchised centers operated by franchisees and five are corporate-owned centers.

(Note: European Wax Center, Inc., priced its IPO on Aug. 4, 2021, at $17 – above the mid-point of its $15-to-$18 range – on 10.6 million shares, the same number of shares in its prospectus, to raise $180.2 million.)