X0306 4 2022-06-03 0 0001600033 e.l.f. Beauty, Inc. ELF 0001448992 Milsten Scott C/O E.L.F. BEAUTY, INC. 570 10TH STREET OAKLAND CA 94607 0 0 0 1 See remarks Common Stock, $0.01 par value 2022-06-03 4 S 0 6820 26.48 D 178399 D Common Stock, $0.01 par value 2022-06-03 4 S 0 9094 26.48 D 169305 D Common Stock, $0.01 par value 2022-06-03 4 S 0 3014 26.48 D 166291 D Common Stock, $0.01 par value 37761 I By Milsten/Conner Trust dated October 17, 2008 The shares were sold solely to satisfy tax or other government withholding obligations in connection with the vesting of shares subject to a Restricted Stock Award of the Issuer. Includes 62,190 Restricted Stock Units ("RSUs"). The shares were sold solely to satisfy tax or other government withholding obligations in connection with the vesting of shares subject to a Performance Stock Award of the Issuer. The shares were sold solely to satisfy tax or other government withholding obligations in connection with the vesting of shares subject to a RSUs of the Issuer. Senior Vice President, General Counsel, Corporate Secretary & Chief People Officer /s/ Scott K. Milsten 2022-06-07