BOCA RATON, Fla., June 10, 2025 /– HairClub (“HairClub” or the “Company”) is honored to announce that it has been named Company of the Year for 2024 by its parent company, Aderans Co., Ltd.’s (“Aderans”). This prestigious recognition underscores the remarkable turnaround and revitalization HairClub achieved over the past year, positioning the Company for sustained growth, innovation, and long-term success.

Following several challenging years marked by the lingering impacts of COVID-19 and intensified competition from various emerging brands, HairClub’s new management team executed an aggressive and comprehensive transformation strategy in the latter part of 2023 and 2024. Under their leadership and support from its parent company, HairClub refocused on its core business, cut expenses, prioritized operational excellence, and instilled rigorous financial discipline—initiatives that collectively delivered measurable performance improvements across the organization.

“We are proud to be named Aderans’ Company of the Year,” said Ahmad M. Wardak, President and Chief Executive Officer of HairClub. “This recognition is a testament to the extraordinary efforts of our entire team. Their hard work and dedication allowed us to successfully turnaround our business in a remarkably short period. It also reflects our ability to navigate through challenging times, implement change decisively, and deliver value to our clients and stakeholders. We are looking forward to collaborating with our various internal and external partners in an effort to develop the most comprehensive and market leading hair loss treatment solutions in the marketplace and that every client receives the highest level of care and support on their hair restoration journey.”

This marks the first time HairClub has received this award since becoming a part of Aderans in 2013.

About Aderans:

Aderans Co., Ltd. is a leading international company specializing in hair restoration, hairpieces, and hair care solutions. With a diverse portfolio of brands and a global presence, Aderans is committed to innovation and excellence in improving lives worldwide.