X0508 4 2025-09-08 0001600033 e.l.f. Beauty, Inc. ELF 0001773316 FIELDS MANDY J C/O E.L.F. BEAUTY, INC. 570 10TH STREET OAKLAND CA 94607 true See Remarks true Common Stock, $0.01 par value 2025-09-08 4 S 0 8103 133.7686 D 111743 D Common Stock, $0.01 par value 2025-09-08 4 S 0 11586 134.4588 D 100157 D Common Stock, $0.01 par value 2025-09-08 4 S 0 8887 135.6161 D 91270 D Common Stock, $0.01 par value 2025-09-08 4 S 0 9100 136.7847 D 82170 D Common Stock, $0.01 par value 2025-09-08 4 S 0 6301 137.848 D 75869 D Common Stock, $0.01 par value 2025-09-08 4 S 0 6714 138.8132 D 69155 D Common Stock, $0.01 par value 2025-09-08 4 S 0 5001 139.4482 D 64154 D Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 9, 2025. The transaction was executed in multiple trades in prices ranging from $133.14 to $134.12, 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. Includes 47,398 restricted stock units. The transaction was executed in multiple trades in prices ranging from $134.15 to $135.14, 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 $135.16 to $136.15, 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 $136.16 to $137.155, 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 $137.16 to $138.15, 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 $138.16 to $139.15, 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 $139.16 to $139.81, 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 and Chief Financial Officer /s/ Scott Milsten, Attorney-in-Fact for Mandy J. Fields 2025-09-10