Exhibit 99.4
CROWN CEO LETTER TO SUPPLIERS
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TO: | | Crown Suppliers |
FROM: | | Jeff Bedard, Founder and Chief Executive Officer |
DATE: | | August 12, 2024 |
RE: | | Exciting Development for Our Company |
Hi X,
I am writing to share some exciting news about our company, as we have taken a significant step forward in our vision to become a fully integrated global skincare company.
Today, we announced that Crown has entered into a merger agreement with Revance, an aesthetics company setting the new standard in healthcare with innovative aesthetic and skincare offerings that enhance patient outcomes and physician experiences.
Upon completion of the deal, we expect that Crown will become one of the leading global aesthetics and skincare companies in an attractive, high-growth market. We will have one of the most comprehensive portfolios of skin health and aesthetic brands, with product lines for anti-aging, acne, and sun care. We also expect to have one of the largest distribution footprints in skincare across retail and e-commerce channels, with the ability to serve an omni-channel audience, including mass retail, specialty retail, club, ecommerce, med spas and physician practices.
Until the deal closing, which is expected by year end, Crown and Revance will continue to operate as separate and independent companies.
We can assure you that there will be no disruption in our relationship – it will be “business as usual.” We plan to remain dedicated to our partnership as we continue developing and providing safe and effective scientific solutions for life-long healthy skin.
As we go through this process, outside parties may inquire about the transaction. We ask that you do not comment on the transaction or provide any details. If anyone reaches out to you with questions, please refer them to our PR agency of record, ICR, at Crown@icrinc.com.
We thank you for your continued commitment and partnership with Crown. We are excited for this next phase of growth and look forward to working closely together. If you have any questions regarding ongoing business, please reach out to your account lead/company contact.
Best,
Jeff Bedard
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