X0508 4 2024-01-05 0001600033 e.l.f. Beauty, Inc. ELF 0001448992 Milsten Scott C/O E.L.F. BEAUTY, INC. 570 10TH STREET OAKLAND CA 94607 true See remarks true Common Stock, $0.01 par value 2024-01-05 4 M 0 5061 17 A 84165 D Common Stock, $0.01 par value 2024-01-05 4 S 0 5061 140.2155 D 79104 D Common Stock, $0.01 par value 2024-01-08 4 M 0 10000 17 A 89104 D Common Stock, $0.01 par value 2024-01-08 4 S 0 10000 150.0633 D 79104 D Common Stock, $0.01 par value 22761 I By Milsten/Conner Trust dated October 17, 2008 Stock Option (Right to Buy) (Common Stock) 17 2024-01-05 4 M 0 5061 0 D 2021-09-21 2026-09-21 Common Stock 5061 27281 D Stock Option (Right to Buy) (Common Stock) 17 2024-01-08 4 M 0 10000 0 D 2021-09-21 2026-09-21 Common Stock 10000 17281 D Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 28, 2022. Includes 63,714 restricted stock units. The transaction was executed in multiple trades in prices ranging from $140.00 to $140.44, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. The transaction was executed in multiple trades in prices ranging from $150.00 to $150.26, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. Senior Vice President, General Counsel, Corporate Secretary & Chief People Officer /s/ Scott K. Milsten 2024-01-09