X0306 4 2022-10-05 0 0001600033 e.l.f. Beauty, Inc. ELF 0001513988 AMIN TARANG C/O E.L.F. BEAUTY, INC. 570 10TH STREET OAKLAND CA 94607 1 1 0 0 Chief Executive Officer Common Stock, $0.01 par value 2022-10-05 4 M 0 39744 1.84 A 387240 D Common Stock, $0.01 par value 2022-10-05 4 S 0 30771 38.5674 D 356469 D Common Stock, $0.01 par value 2022-10-05 4 S 0 8973 39.0650 D 347496 D Common Stock, $0.01 par value 2022-10-05 4 S 0 3827 38.6619 D 368510 I By Family Trust Common Stock, $0.01 par value 2022-10-05 4 S 0 339 39.1514 D 368171 I By Family Trust Common Stock, $0.01 par value 2022-10-05 4 S 0 3754 38.6673 D 368583 I By Family Trust Common Stock, $0.01 par value 2022-10-05 4 S 0 412 39.1091 D 368171 I By Family Trust Common Stock, $0.01 par value 682160 I By Family Trust Stock Option (Right to Buy) 1.84 2022-10-05 4 M 0 39744 0 D 2024-01-31 Common Stock 39744 437145 D Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person. Includes 131,462 Restricted Stock Units. The transaction was executed in multiple trades in prices ranging from $38.00 to $38.99, 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 $39.00 to $39.14, 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 $38.07 to $39.03, 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 $39.09 to $39.275, 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 $39.075 to $39.16, 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 stock option is fully vested. /s/ Scott K. Milsten, Attorney-in-Fact for Tarang Amin 2022-10-07