X0202 4 2007-04-25 1 0001269871 PHYSICIANS FORMULA HOLDINGS, INC. FACE 0000830588 SUMMIT PARTNERS L P 222 BERKELEY STREET 18TH FLOOR BOSTON MA 02116 0 0 0 1 Manager of GP of 10% Owner 0001258825 SUMMIT PARTNERS VI GP LLC 222 BERKELEY STREET 18TH FLOOR BOSTON MA 02116 0 0 0 1 Indirect GP of 10% Owner 0001258826 SUMMIT PARTNERS VI GP LP 222 BERKELEY STREET 18TH FLOOR BOSTON MA 02116 0 0 0 1 GP of 10% Owner 0001258824 SUMMIT PARTNERS LLC 222 BERKELEY STREET 18TH FLOOR BOSTON MA 02116 0 0 0 1 Indirect GP of Owner 0001258823 SUMMIT PARTNERS V LP 222 BERKELEY STREET 18TH FLOOR BOSTON MA 02116 0 0 0 1 GP of Owner 0001032076 STAMPS WOODSUM & CO IV C/O SUMMIT PARTNERS 222 BERKELEY STREET, 18TH FLOOR BOSTON MA 02116 0 0 0 1 Mang Mbr of GP of Owner 0001032090 SUMMIT PARTNERS SD II LLC C/O SUMMIT PARTNERS 222 BERKELEY STREET, 18TH FLOOR BOSTON MA 02116 0 0 0 1 GP of Owner Common Stock 2007-04-25 4 S 0 3841571 20.75 D 0 I Manager of GP of 10% Owner Shares are held in the name of Summit Ventures V, L.P.; Summit V Companion Fund, L.P.; Summit V Advisors Fund (QP), L.P.; Summit V Advisors Fund, L.P.; Summit Ventures VI-A, L.P.; Summit Ventures VI-B, L.P.; Summit VI Advisors Fund, L.P.; Summit VI Entrepreneurs Fund, L.P.; Summit Investors VI, L.P.; and Summit Subordinated Debt Fund II, L.P. The entities mentioned in Footnote 1 are collectively referred to as "Summit Partners". Summit Partners, L.P. is the managing member of Summit Partners, LLC, which is the general partner of Summit Partners V, L.P., which is the general partner of each of Summit Ventures V, L.P., Summit V Companion Fund, L.P., Summit V Advisors Fund (QP), L.P., and Summit V Advisors Fund, L.P. Summit Partners, L.P. is the managing member if Stamps, Woodsum & Co. IV, which is the general partner of Summit Partners SD II, LLC, which is the general partner of Summit Subordinated Debt Fund II, L.P. Summit Partners, L.P. is the managing member if Summit Partners VI (GP), LLC, which is the general partner of Summit Partners VI (GP), L.P., which is the general partner of each of Summit Ventures VI-A, L.P., Summit Ventures VI-B, L.P., Summit VI Advisors Fund, L.P., Summit VI Entrepreneurs Fund, L.P., and Summit Investors VI, L.P. Summit Partners, L.P. has voting and dispositive authority over the shares held by each of these entities and, therefore, may beneficially own such shares. Each of Summit Partners, L.P., Summit Partners VI (GP), LLC, Summit Partners VI (GP), L.P., Stamps, Woodsum & Co. IV, and Summit Partners SD II, LLC disclaims beneficial ownership of such shares, except to the extent of its pecuniary interest. Summit Partners, L.P., by Robin W. Devereux, Power of Attorney for Walter G. Kortschak, Member 2007-04-25 Summit Partners VI (GP), LLC, by Summit Partners, L.P., its Manager, by Robin W. Devereux, Power of Attorney for Walter G. Kortschak, Member 2007-04-25 Summit Partners VI (GP), L.P., by Summit Partners VI (GP), LLC, its General Partner, by Summit Partners L.P., its Manager, by Robin W. Devereux, Power of Attorney for Walter G. Kortschak, Member 2007-04-25 Summit Partners, LLC, by Summit Partners, L.P., its Manager, by Robin W. Devereux, Power of Attorney for Walter G. Kortschak, Member 2007-04-25 Summit Partners V, L.P. by Summit Partners, LLC, Its General Partner, by Summit Partners, L.P., its Manager, by Robin W. Devereux, Power of Attorney for Walter G. Kortschak, Member 2007-04-25 Stamps, Woodsum & Co., IV, by Summit Partners, L.P., its Manager, by Robin W. Devereux, Power of Attorney for Walter G. Kortschak, Member 2007-04-25 Summit Partners SD II, LLC, by Stamps, Woodsum & Co., IV, its General Partner, by Summit Partners, L.P., its Manager, by Robin W. Devereux, Power of Attorney for Walter G. Kortschak, Member 2007-04-25