European Wax Center (EWCZ) Proxy Filing summary

Executive summary

• Agreement reached to take the company private through acquisition by General Atlantic, its largest investor, with expected closing in mid-2026 pending shareholder approval and other conditions.

• Transition to private ownership aims to provide greater flexibility for long-term investments, support franchisees, and enhance guest experience.

• Communications emphasize continuity in management and operations, with no immediate changes anticipated for associates or franchisees.

• The transaction is positioned as a milestone to strengthen the brand and drive sustainable growth.

Voting matters and shareholder proposals

• Shareholder approval required from a majority of shares not owned by General Atlantic for the transaction to proceed.

• Proxy statement on Schedule 14A and transaction statement on Schedule 13E-3 will be filed with the SEC, with definitive materials sent to stockholders.

• Investors and security holders are urged to read all proxy materials and related filings when available.

Board of directors and corporate governance

• Directors and executive officers may be deemed participants in the proxy solicitation for the transaction.

• Information on directors, executive officers, and their interests will be included in the proxy statement and is available in prior SEC filings.