X0306 4 2020-11-17 0001368458 Sally Beauty Holdings, Inc. SBH 0001276560 RABIN EDWARD W C/O SALLY BEAUTY HOLDINGS, INC. 3001 COLORADO BLVD DENTON TX 76210 1 Common Stock 2020-11-17 4 P 0 1000 11.0246 A 23500 I By Wife Common Stock 2020-11-17 4 P 0 3000 11.046 A 121750 I By Trust Common Stock 2020-11-18 4 P 0 4000 10.734 A 125750 I By Trust Common Stock 31826 D Reflects the weighted average purchase price. The range of prices for these transactions was $10.9152 to $11.134. The reporting person effected multiple same-way open market purchase transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares purchased at each separate price. Shares held by Jackie Rabin SEP IRA, f/b/o Jackie Rabin. Reflects the weighted average purchase price. The range of prices for these transactions was $10.9256 to $11.150. The reporting person effected multiple same-way open market purchase transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares purchased at each separate price. Shares held by Edward Rabin Trust, f/b/o Edward Rabin, Jackie Rabin and family. Reflects the weighted average purchase price. The range of prices for these transactions was $10.400 to $11.156. The reporting person effected multiple same-way open market purchase transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares purchased at each separate price. /s/ Cade Newman, Attorney-in-fact 2020-11-19