European Wax Center welcomes new board member, Nital Scott

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PLANO, Texas, November 29, 2021 (GLOBE NEWSWIRE) – European Wax Center, Inc. (NASDAQ: EWCZ), a leading personal care franchise brand that provides expert waxing services, today announced the appointment of Nital Scott to its board of directors. With the appointment of Ms. Scott, the board of directors of the European Wax Center now has seven members.

“We are delighted that Nital is joining the European Wax Center team. His deep experience in retail and consumer beauty spaces will be invaluable as we continue to execute on our strategic priorities of opening new centers and growing same store sales. I look forward to working with her to improve the value for all stakeholders of the European Wax Center, ”said David Berg, Managing Director of European Wax Center.

Nital Scott brings a wealth of experience, including seven years with the skin care and cosmetics company Beautycounter, where she currently serves as Chief Financial Officer. During her time there, Beautycounter increased her income 12-fold before the Carlyle Group recently acquired a controlling stake in the company, valuing it at $ 1 billion. Prior to his tenure at Beautycounter, Scott served as Vice President of Investment Banking Services at Goldman Sachs for six years.

“I am grateful to have had the opportunity to join the team of this creator and category leader. I look forward to bringing my unique experience and perspective to making a positive impact on the continued success of the European Wax Center, ”said Ms Scott.

“I am delighted to continue to attract and add high quality independent members to our Board of Directors, including Dorvin Lively and Laurie Ann Goldman earlier this year. Nital’s skills will be incredibly complementary to those of the management team and essential as we continue to develop this brand, ”said Andrew Crawford, Managing Director of General Atlantic and Chairman of the Board of European Wax Center.

About European Wax Center, Inc.

European Wax Center, Inc. (NASDAQ: EWCZ) is a leading personal care franchise brand founded in 2004. The company provides expert waxing services from certified wax specialists, ensuring that every guest who walks through the door leaves safe and sound. trust – in European Wax Center, Inc. and themselves. The company offers its customers a first-class professional hair removal experience from the most skilled estheticians in the industry, in the privacy of clean, individual hair removal suites. They are so confident that everyone will love the experience, European Wax Center, Inc. is giving away free wax for every new customer. The company continues to revolutionize the waxing category with its innovative signature Comfort Wax ™. This proprietary blend is formulated with the highest quality ingredients to leave skin smooth and make hair removal an effective and relatively painless experience. To help improve and expand hair removal services after leaving the center, European Wax Center, Inc. offers a comprehensive collection of exclusive products in the skin, body and eyebrow care categories. European Wax Center, Inc. is a leading specialty wax personal care product brand in the United States, and as of September 25, 2021, its network numbered 833 centers nationwide. For more information, including how to receive your first wax for free, please visit: www.waxcenter.com.

Contacts

Investors:
ICR, Inc.
Allison Malkin / Nina Weiss
[email protected]
203-682-8225

European Wax Center, Inc.
Amir Yeganehjoo
[email protected]
469-217-7486

Media:
Creative media marketing
Meredith’s Needle
[email protected]
212-979-8884


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