Coty Inc. Announces Early Results of its
Cash Tender Offer for a Portion of its Outstanding
5.000% Senior Secured Notes due 2026
Tender Offer Increased to $300 Million and Fully Subscribed

Tender Offer is a Continuation of Coty’s Deleveraging Agenda

NEW YORK (November 20, 2024) – Coty Inc. (NYSE: COTY) (“Coty” or the “Company”) announced
today the early results of its previously announced tender offer to purchase for cash up to $300,000,000
aggregate principal amount (the “Notes Cap”) (reflecting a $50,000,000 increase from the previously
announced cap of $250,000,000) of its outstanding 5.000% Senior Secured Notes due 2026 (the “Notes”).
Such offer to purchase is referred to herein as the “Tender Offer.” The Tender Offer is being made
pursuant to the terms and conditions set forth in the Offer to Purchase, dated November 6, 2024 (the
“Offer to Purchase”). The Company refers investors to the Offer to Purchase for the complete terms and
conditions of the Tender Offer.

As of 5:00 p.m., New York City time, on November 20, 2024 (such date and time, the “Early Tender
Date”), according to information provided by D.F. King & Co., Inc., the tender and information agent for
the Tender Offer, the aggregate principal amount of the Notes listed in the table below has been validly
tendered and not validly withdrawn in the Tender Offer. Withdrawal rights for the Notes expired at
5:00 p.m., New York City time, on the Early Tender Date.

Principal Amount
Principal Principal Approximate
Title of Security Tendered at Total
Amount Amount Proration
Security Identifiers Early Tender Consideration(1)(2)(3)
Outstanding Accepted Factor
Date
CUSIPs:
222070AE4
(144A)
U2203CAE1
5.000% Senior (Reg S)
Secured Notes $650,000,000 $476,131,000 $300,000,000 63% $1,000.00
due 2026 ISINs:
US222070AE41
(144A)
USU2203CAE13
(Reg S)
(1) Per $1,000 principal amount of Notes validly tendered on or prior to the Early Tender Date and accepted for purchase by the Company.
(2) Does not include Accrued Interest (as defined below), which will also be payable as described below.
(3) Includes the Early Tender Premium (as defined below).

The Tender Offer will continue to expire at 5:00 p.m., New York City time, on December 6, 2024, or any
other date and time to which the Company extends the Tender Offer (such date and time, as it may be
extended, the “Expiration Date”), unless earlier terminated. The Company has elected not to exercise its
option to have an early settlement date for the Tender Offer at this time. Payment for the Notes that were
validly tendered (and not validly withdrawn) at or prior to the Early Tender Date and that are accepted for
purchase will be made on a date promptly following the Expiration Date, which is currently anticipated to
be December 10, 2024, the second business day after the Expiration Date (such date, the “Final
Settlement Date”).

As the aggregate principal amount of the Notes validly tendered and not validly withdrawn at or prior to
the Early Tender Date exceeded the Notes Cap, the Company will accept for purchase the Notes on a
prorated basis, and the Company will not accept for purchase any additional Notes tendered after the
Early Tender Date. The consideration (the “Total Consideration”) for each $1,000 principal amount of the
Notes validly tendered (and not validly withdrawn) prior to the Early Tender Date and accepted for
purchase pursuant to the Tender Offer will be $1,000.00 (excluding Accrued Interest). The Total
Consideration includes an early tender premium of $30.00 per $1,000 principal amount of Notes accepted
for purchase (the “Early Tender Premium”).

All holders of Notes accepted for purchase in the Tender Offer will receive accrued and unpaid interest on
such Notes from the last interest payment date with respect to such Notes to, but not including, the Final
Settlement Date (“Accrued Interest”).

The Company intends to fund the purchase of validly tendered and accepted Notes with available cash on
hand and other sources of liquidity.

Information Relating to the Tender Offer

The complete terms and conditions of the Tender Offer are set forth in the Offer to Purchase. MUFG
Securities Americas Inc. is serving as Dealer Manager in connection with the Tender Offer. Investors with
questions regarding the terms and conditions of the Tender Offer may contact the dealer manager as follows:

MUFG Securities Americas Inc.
1221 Avenue of the Americas, 6th Floor
New York, New York 10020
Attn: Liability Management
U.S.: +1 (212) 405-7481
U.S. Toll-Free: +1 (877) 744-4532

D.F. King & Co., Inc. is the Tender and Information Agent for the Tender Offer. Any questions regarding
procedures for tendering Notes or request for copies of the Offer to Purchase should be directed to
D.F. King & Co., Inc. by any of the following means: by telephone at +1 (800) 714-3306 (toll-free) or +1
(212) 269-5550 (collect) or by email at coty@dfking.com.

This press release does not constitute an offer to sell or purchase, or a solicitation of an offer to sell or
purchase, or the solicitation of tenders with respect to, the Notes. No offer, solicitation, purchase or sale
will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful. The
Tender Offer is being made solely pursuant to the Offer to Purchase made available to holders of the
Notes. None of the Company or its affiliates, their respective boards of directors, the dealer manager, the
tender and information agent or the trustee with respect to the Notes is making any recommendation as to
whether or not holders should tender or refrain from tendering all or any portion of their Notes in
response to the Tender Offer. Holders are urged to evaluate carefully all information in the Offer to
Purchase, consult their own investment and tax advisors and make their own decisions whether to tender
Notes in the Tender Offer, and, if so, the principal amount of Notes to tender.
About Coty Inc.

Founded in Paris in 1904, Coty is one of the world’s largest beauty companies with a portfolio of iconic
brands across fragrance, color cosmetics, and skin and body care. Coty serves consumers around the
world, selling prestige and mass market products in more than 125 countries and territories. Coty and its
brands empower people to express themselves freely, creating their own visions of beauty; and Coty is
committed to protecting the planet.

Cautionary Note Regarding Forward Looking Statements

The statements contained in this press release include certain “forward-looking statements” within the
meaning of the securities laws. These forward-looking statements reflect Coty’s current views with
respect to, among other things, the proposed Tender Offer and the expected source of funds. These
forward-looking statements are generally identified by words or phrases, such as “anticipate,” “are going
to,” “estimate,” “plan,” “project,” “expect,” “believe,” “intend,” “foresee,” “forecast,” “will,” “may,”
“should,” “outlook,” “continue,” “temporary,” “target,” “aim,” “potential,” “goal” and similar words or
phrases. These statements are based on certain assumptions and estimates that Coty considers reasonable
and are not guarantees of Coty’s future performance, but are subject to a number of risks and
uncertainties, many of which are beyond Coty’s control, which could cause actual events or results
(including Coty’s financial condition, results of operations, cash flow and prospects) to differ materially
from such statements, including Coty’s ability to consummate the Tender Offer on the terms and timing
described herein, or at all, and other factors identified in “Risk Factors” included in Coty’s Annual Report
on Form 10-K for the fiscal year ended June 30, 2024 and its subsequent quarterly report on Form 10-Q.
All forward-looking statements made in this press release are qualified by these cautionary statements.
These forward-looking statements are made only as of the date of this press release, and Coty does not
undertake any obligation, other than as may be required by law, to update or revise any forward-looking
or cautionary statements to reflect changes in assumptions, the occurrence of events, unanticipated or
otherwise, or changes in future operating results over time or otherwise.

For more information contact:

Investor Relations
Olga Levinzon +1 212 389-7733
olga_levinzon@cotyinc.com

Media
Antonia Werther +31 621 394495
antonia_werther@cotyinc.com