Hydrafacial Results Presentation Deck
Beauty
Health
March 31, 2022 (unless otherwise stated)
Cash and Cash Equivalents
Warrants
Convertible
Debt
Revolving Credit Facility
BALANCE SHEET HIGHLIGHTS
Shares Outstanding
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$859.2 million cash and cash equivalents on balance sheet¹
Approximately 7 million Private Warrants outstanding
$750 million 1.25% convertible notes due 2026
Use of proceeds: capped call transaction, potential future acquisitions, working capital
expenditures, and general corporate purposes
Conversion price of $31.76; capped call agreement provides dilution protection up to
$47.94
$50 million Senior Secured Credit Facility remains undrawn; current undrawn commitment
fee of 25 bps
Allows flexibility for future M&A; ex-US operations unencumbered; convertible debt.
excluded from covenants
Approximately 151 million current shares outstanding2
Ample liquidity to invest in the Beauty Health community
and pursue disciplined M&A
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Includes proceeds from $750 million convertible debt issued in September 2021; 2 As of 05/04/22
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