SCHEDULE 13G 0001977615 XXXXXXXX LIVE Class A ordinary shares, par value $0.0001 per share 02/04/2025 0001840199 Waldencast plc G9503X103 81 Fulham Road London X0 SW3 6RD Rule 13d-1(c) Fitpart Fund Administration Services Ltd. C5 0.00 12364882.00 0.00 12364882.00 12364882.00 N 10.7 IA Annapurna Investment Fund Ltd. C5 0.00 7013119.00 0.00 7013119.00 7013119.00 N 6.2 CO Waldencast plc 81 Fulham Road, London, SW3 6RD, United Kingdom Fitpart Fund Administration Services Ltd. Annapurna Investment Fund Ltd. Fitpart Fund Administration Services Ltd. The Bahamas Financial Centre, 4th Floor Shirley & Charlotte Streets P.O. Box CB-13515 Nassau, The Bahamas Annapurna Investment Fund Ltd. The Bahamas Financial Centre, 4th Floor Shirley & Charlotte Streets P.O. Box CB-13515 Nassau, The Bahamas Fitpart Fund Administration Services Ltd. - Bahamas Annapurna Investment Fund Ltd. - Bahamas Y Fitpart Fund Administration Services Ltd.- 12,364,882 Annapurna Investment Fund Ltd. - 7,013,119 Fitpart Fund Administration Services Ltd. - 10.7%* Annapurna Investment Fund Ltd. - 6.2%* * Percent of class is calculated based on an aggregate of (i) 112,026,440 shares of Class A ordinary shares, par value $0.0001 per share ("Common Stock") outstanding as of December 31, 2024, as reported in the Issuer's Form 20-F filed on March 20, 2025 and (ii) (A) for Fitpart Fund Administration Services Ltd, 3,166,667 additional shares of Common Stock issuable upon the exercise of warrants to purchase shares of Common Stock and deemed outstanding for purposes of calculating its respective beneficial ownership, and (B) for Annapurna Investment Fund Ltd., 1,611,133 additional shares of Common Stock issuable upon the exercise of warrants to purchase shares of Common Stock and deemed outstanding for purposes of calculating its beneficial ownership. Fitpart Fund Administration Services Ltd. - 0 Annapurna Investment Fund Ltd. - 0 Fitpart Fund Administration Services Ltd. - 12,364,882 Annapurna Investment Fund Ltd. - 7,013,119 Fitpart Fund Administration Services Ltd. - 0 Annapurna Investment Fund Ltd. - 0 Fitpart Fund Administration Services Ltd. - 12,364,882 Annapurna Investment Fund Ltd. - 7,013,119 Y N All of the securities reported in this Schedule 13G are directly owned by advisory clients of Fitpart Fund Administration Services Ltd.. None of those advisory clients, other than Annapurna Investment Fund, may be deemed to beneficially own more than 5% of the Class A ordinary shares, par value $0.0001 per share. Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Exhibit A - Joint Filing Agreement Fitpart Fund Administration Services Ltd. By: /s/ Fernando Antonio Botelho Prado 05/19/2025 Annapurna Investment Fund Ltd. /s/ Antonio Carlos de Freitas Valle 05/19/2025 * Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class.