Environmental, Social and Governance

Building Bonds. Building a Better Tomorrow.

At OLAPLEX, we believe our responsibility extends past building better hair. We're investing in reducing our environmental impact and supporting our ever-growing community.

Environmental

Good for Your Hair, Good for the Planet

We believe our impact should extend beyond hair repair. We have a responsibility to create quality products while creating as little harm to the planet as possible.

Repair From Within

Our cruelty-free, non-toxic formulas promotes wellness in your hair without threatening the environment. OLAPLEX is proud to be free of Parabens, Sulfates, Phthalates and Phosphates.

Reducing Our Carbon Footprint

Through limiting our secondary packaging and partnering with Ecovadis to assess the sustainability practices of our third party manufacturing and logistics providers, we're proud of the steps we are taking to reduce our environmental impact.

57MM

Gallons of water saved

35M

Pounds of Greenhouse Gases eliminated

44K

Trees protected

As of Dec. 31, 2021 • 10-K 2021

Our Additional Environmental Efforts

Explore Our Sustainable Initiatives

Social

Uplifting Small Businesses

We're passionate about investing in our hairstylist community and helping their business to grow alongside ours. We've developed programs to aid in their success, such as our Affiliate Program, that allows our stylists to generate income without incurring additional costs of carrying product in their salons.

98%

Of our stylist community is made up of small businesses

Creating a Workplace that Reflects Our World

We want our work force to reflect our diverse and talent community of stylists and consumers. Our Diversity, Equity, and Inclusion (DEI) efforts focus on creating a work environment centered in inclusion and acceptance.

76%

Of our employees identify as female

46%

Of our employees identify as non-white

90%

Of our employees feel that we have an inclusive work environment

As of Dec. 31, 2021 • 10-K 2021

Charitable Donations

In March 2022, we introduced the Shopping Gives program to our website. Shopping Gives is a charitable initiative whereby we donate $1 for every order that a retail or professional customer buys, at no additional cost to the customer. Customers can choose from a list of causes to benefit from their purchase.

Diversity, Equity, and Inclusion

We believe it is important that our employees reflect the diversity of our hairstylist and consumer community. Our Diversity, Equity, and Inclusion (“DE&I”) initiatives focus on promoting a workplace of inclusion and acceptance. In January 2021, we established “DE&I Champions,” which is a group of six employees who reinforce our collective commitment to foster a diverse, equitable, and inclusive culture. Their role is to identify opportunities to further engage our employees through training and education, encouraging candid conversations, and leading by example. The DE&I Champions have weekly conversations to identify strategies to help OLAPLEX further evolve the DE&I strategy, and OLAPLEX holds monthly cultural events for all employees.

As a result of our efforts, we have created a diverse workplace environment with 76% of our employees identifying as female and 46% identifying as non-white, as of December 31, 2021. We are especially proud that our diverse workforce reflects the community of professional hairstylists we serve, of which 92% identify as women and 37% identify as African American, Asian or Latino as of December 31, 2021. Many of our current OLAPLEX employees are former stylists whose unique perspectives and insights have helped us better understand our diverse consumer base and what matters to them. Additionally, nine of the 11 members of our Board are female, and we believe our shared commitment to diversity helps us better understand our professional consumer base and connect with the hairstylist community.

Governance

Passionate and Innovative Management

We are led by a team of skilled and knowledgable professionals, who collectively have decades of strategic and operating experience in the beauty and luxury fashion industries.

Diverse and Dedicated Board of Directors

Our diverse Board of Directors guide our company with their vast and deep experience in business areas such as legal, marketing, business development, operations, technology, finance and more.

82%

Of our Board of Directors identify as female

As of Dec. 31, 2021 • 10-K 2021