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Tender Offer: Once the tender offer is commenced, stockholders will be invited to tender, or “sell”, their shares at the offering price. This
period takes a minimum of 20 business days, however, in some cases may be extended. The consummation of the tender offer is conditioned on more than 50% of outstanding shares being tendered as well as other customary closing conditions.
Assuming successful consummation of the tender offer and satisfaction of other customary closing conditions, the deal will be consummated within two business days (typically) following the close of the tender period. As stockholders you
will receive a notification from E*TRADE to tender your shares, which you may choose to do at your own discretion. An employee FAQ document will be sent in conjunction with the tender offer from the People team to address questions you
may have regarding tendering your shares and other benefits-related topics.
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Year-End Focus: As shared at our recent All Hands meeting, we continue to make great progress on driving deeper adoption of Daxxify and the RHA
filler line despite growing competition and filler market headwinds. Congratulations to all on continuing to drive strong results in Q4 and we look forward to a strong finish to close out the year.
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Integration Management Office: Our Integration Management Office (IMO) will resume integration planning focusing on Day 1 preparations. I would
anticipate Crown leaders to be present at both our Nashville and Newark sites over the coming weeks to support a smooth integration.
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All Hands Meeting: We will host an All Hands meeting today at 3:00 PM CT to review next steps and answer questions. Please submit your anonymous
questions here* by 12:00 PM CT. Also, the Crown leadership team
will be joining us for a Town Hall meeting next Wednesday where leadership from both organizations will be present in Nashville and Newark. An invitation is forthcoming.
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