X0306 4 2021-01-21 0 0001758488 ONESPAWORLD HOLDINGS Ltd OSW 0001253436 LAZARUS STEPHEN 770 SOUTH DIXIE HIGHWAY, SUITE 200 CORAL GABLES FL 33146 0 1 0 0 CFO and COO Common Shares 2021-01-21 4 A 0 9493 0.00 A 335076 D Common Shares 2021-01-21 4 M 0 9493 A 344569 D Common Shares 2021-01-22 4 F 0 7292 9.21 D 337277 D Restricted Stock Units 2021-01-21 4 M 0 9493 0.00 D Common Shares 9493 382009 D Performance Stock Units ("PSUs") vested on January 21, 2021. PSUs were originally granted based on certain performance criteria that was waived by the issuer's board of directors, but remain subject to time-vesting in one-third increments on each year beginning on the first anniversary of the date of grant. Restricted Stock Units converted into the issuer common shares, par value $0.0001 per share, on a one-for-one basis. Represents shares withheld to satisfy tax withholding obligations upon the vesting and settlement of the PSUs and Restricted Stock Units on January 21, 2021. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.15 to $9.29, inclusive. The reporting person undertakes to provide to OneSpaWorld Holdings Ltd ("OSW"), any security holder of OSW, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. On January 21, 2020, the reporting person was granted 28,478 Restricted Stock Units, vesting one-third each year beginning on the first anniversary of the date of grant. /s/ Inga Fyodorova, as attorney-in-fact for Stephen Lazarus 2021-01-25