SCHEDULE: ODDITY Tech Major Shareholder Reduces Stake to 8.0%

LCGP3 Pro Makeup and its affiliates have reduced their beneficial ownership in ODDITY Tech Ltd. to 8.0% of Class A ordinary shares following an open market sale.

Summary

• LCGP3 Pro Makeup, L.P., along with CGP3 Managers, L.L.C., Scott Arnold Dahnke, and James Michael Chu (collectively, the "Reporting Persons"), reported beneficial ownership of 3,537,472 Class A ordinary shares of ODDITY Tech Ltd.
• This represents 8.0% of the Class A ordinary shares outstanding, calculated based on 44,281,291 Class A shares as of December 31, 2024.
• The reported Class A shares represent 6.3% of the Issuer's Class A and Class B shares taken collectively.
• This is an amendment to update beneficial ownership after an open market sale of Class A shares by the Reporting Persons on September 4, 2025.
• LCGP3 directly holds the securities, with CGP3 Managers, L.L.C. acting as its general partner, and Scott Arnold Dahnke and James Michael Chu are the controlling managing members of CGP3 Managers, L.L.C., sharing voting and investment power.

Sentiment

Score: 4

Explanation: The reduction in beneficial ownership by a significant institutional investor through an open market sale typically indicates a less favorable outlook or a strategic divestment, which can be perceived negatively by the market.

Negatives

• A significant shareholder group, LCGP3 Pro Makeup, L.P. and its affiliates, reduced their stake in ODDITY Tech Ltd. through an open market sale.
• The reduction in beneficial ownership from a previously higher percentage (implied by this being Amendment No. 3 and a sale) could signal a decrease in confidence or a strategic divestment by a major institutional investor.

Stakeholder Impact

• Shareholders: May interpret the sale by a major investor as a lack of confidence, potentially leading to downward pressure on the stock price.
• Potential Investors: Might view the reduction in institutional ownership as a cautionary signal, influencing investment decisions.

Key Dates

Recommendation

The reduction in beneficial ownership by a significant institutional investor group, LCGP3 Pro Makeup, L.P. and its affiliates, through an open market sale, typically signals a lack of conviction or a strategic divestment. This action by a sophisticated investor could indicate a less favorable outlook on the company's prospects or valuation, prompting a 'sell' recommendation for investors to consider reducing their exposure.

Keywords

ODDITY Tech Ltd., LCGP3 Pro Makeup, Schedule 13G, beneficial ownership, share sale, institutional investor, Class A shares, M7518J104, CGP3 Managers