Press Releases

COTY INC. APPOINTS MARIO REIS EXECUTIVE VICE PRESIDENT, SUPPLY CHAIN

March 25, 2014

Senior Executive Will Join the Global Beauty Company’s Executive Committee in May

NEW YORK, March 25, 2014 — Leading global beauty company Coty Inc. (NYSE:COTY) announced today the appointment of Mario Reis as Executive Vice President, Supply Chain, effective May 1, 2014. Mr. Reis will join the Executive Committee and report to Michele Scannavini, CEO. He will be based in Geneva. Mr. Reis will replace Darryl McCall who will work on the transition and other projects to ensure continuity in supply chain performance before his retirement on December 31, 2014.

Mr. Reis has more than 30 years of experience as a solid business leader and supply chain expert. He brings with him a unique skill set, from running one of the most complex supply chain operations in fresh foods, to driving a business unit in an emerging market. Mr. Reis built his career during his tenure at Danone, where he held several senior executive positions within Worldwide Operations from 1996-2014. In his various supply chain roles within Danone, Mr. Reis was successful in implementing best practices and synergies across divisions. Most recently, Mr. Reis served as Managing Director of Danone South Africa, where his leadership resulted in strong acceleration in profitability and growth over a 5 year period. Prior to that, Mr. Reis worked at Mars Inc. and Bain & Co in various business roles from 1986-1996.

“I am very excited to welcome Mario as Coty’s new head of supply chain,” said Michele Scannavini, CEO, Coty Inc. “His successful and diversified experience in the supply chain and commercial fields brings to Coty a unique perspective and strong skill set for a best in class end-to-end supply chain.”

As previously reported, Darryl McCall will retire as Executive Vice President, Global Operations and Executive Committee member. After a successful career in the highly competitive beauty industry, Mr. McCall plans to put his energy towards increasing the success of minority students in math, science, engineering and technology. Due to his leadership, he transformed the company's supply chain, allowing it to achieve operational excellence. Mr. McCall was also instrumental in spearheading the Leading Bold Change Initiative, a volunteer based employee engagement program used to inspire creative and innovative solutions within the work place.

“Along with Coty's Executive Team, I would like to acknowledge Darryl’s many talents and thank him for his outstanding contributions to our success. We very much valued his leadership in building a strong and reliable supply chain. He will be missed and we wish him all the best for the future,” continued Scannavini.

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About Coty Inc.
Coty is a leading global beauty company with net revenues of $4.6 billion for the fiscal year ended June 30, 2013. Founded in Paris in 1904, Coty is a pure play beauty company with a portfolio of well-known fragrances, color cosmetics and skin & body care products sold in over 130 countries and territories. Coty's product offerings include such global brands as adidas, Calvin Klein, Chloé, Davidoff, Marc Jacobs, OPI, philosophy, Playboy, Rimmel and Sally Hansen.

PRESS CONTACTS:
COTY INC.
Catherine Walsh
Senior Vice President, Corporate Communications
catherine_walsh@cotyinc.com
T: +1 212 389 7346

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Coty Inc. to Present at the Bank of America Merrill Lynch Consumer & Retail Conference

March 3, 2014

NEW YORK, March 3, 2014 Coty Inc. (NYSE: COTY) today announced that management will participate in the Bank of America Merrill Lynch 2014 Consumer & Retail Conference in New York City at The New York Palace Hotel. Michele Scannavini, CEO, and Patrice de Talhouet, CFO, are scheduled to present on Tuesday, March 11, 2014 at 8:50 a.m. Eastern Time.

A live webcast of the presentation will be available at the company's investor relations website, http://investors.coty.com, under "Investor Events & Webcasts." A replay will be archived and available at the same location.

About Coty Inc.
Coty is a leading global beauty company with net revenues of $4.6 billion for the fiscal year ended June 30, 2013. Founded in Paris in 1904, Coty is a pure play beauty company with a portfolio of well-known fragrances, color cosmetics and skin & body care products sold in over 130 countries and territories. Coty’s product offerings include such global brands as adidas, Calvin Klein, Chloé, Davidoff, Marc Jacobs, OPI, philosophy, Playboy, Rimmel and Sally Hansen.

Source: Coty Inc.

Investor Relations:
Kevin Monaco, 212-389-6815

Corporate Communications:
Catherine Walsh, 212-389-7346

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A Joint Statement From Avon Products, Inc. and Coty Inc.

February 20, 2014

NEW YORK, February 20, 2014 – Avon Products, Inc. and Coty Inc. have executed a letter of intent regarding a commercial arrangement where Avon Brazil would market and sell select Coty fragrances and its ancillaries through Avon’s 1.5 million independent Sales Representatives in Brazil.

Although the details are still being finalized, the intent is for Avon to carry a collection of Coty’s celebrity and lifestyle fragrances in the Avon Brochure in Brazil.

Avon’s strong direct sales footprint, broad geographic coverage and extensive service model in Brazil will give Brazilian consumers improved access to an expanded portfolio of fragrances. The broad portfolio of Coty’s celebrity and lifestyle brands has strong consumer appeal, allowing Avon Representatives to better serve their customers, grow their consumer base and increase their earnings.

The arrangement is subject to final documentation, which the companies plan to complete over the next few months.

Forward-Looking Statements:
Certain statements made in this joint statement, including the plan to complete final documentation, may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Risks, uncertainties and other factors exist that may cause results to differ materially from those set forth in these forward-looking statements. Any forward-looking statements speak only as of the date they are made. Avon Products, Inc. and Coty Inc. do not undertake to update any such forward-looking statements.

Source: Coty Inc. & Avon Products, Inc.

Media Contacts:
Catherine Walsh
COTY
SVP, Corporate Communications
212.389.7346
catherine_walsh@cotyinc.com

Jennifer Vargas
Avon
Director, Corporate Communications
212.282.5404
Jennifer.Vargas@avon.com

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COTY INC. AND PIAGGIO GROUP ANNOUNCE FRAGRANCE PARTNERSHIP

February 17, 2014

Beauty Leader to Launch Signature Scents for Iconic Italian Lifestyle Brand Vespa

NEW YORK, February 17, 2014 – Leading global beauty company Coty Inc. (NYSE: COTY) and Piaggio Group (PIA.MI) the leading European manufacturer of two-wheel motor vehicles, announced today the formation of an exclusive partnership to create, develop and distribute a signature duo of fragrances for men and women under the Vespa name.

Vespa is one of Italy’s most iconic brands. A symbol of Italian style, technology, creativity and elegance worldwide, Vespa is not just a scooter, but an icon. Having sold over 18 million scooters since its creation in 1946, Vespa’s success is a truly unprecedented phenomenon.

The duo Vespa fragrance line is expected to debut in May 2014.

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About Coty Inc.
Coty is a leading global beauty company with net revenues of $4.6 billion for the fiscal year ended June 30, 2013. Founded in Paris in 1904, Coty is a pure play beauty company with a portfolio of well-known fragrances, color cosmetics and skin & body care products sold in over 130 countries and territories. Coty’s product offerings include such global brands as adidas, Calvin Klein, Chloé, Davidoff, Marc Jacobs, OPI, philosophy, Playboy, Rimmel and Sally Hansen.

About Vespa
Manufactured by the Piaggio Group since 1946, Vespa is one of the most popular and best-known Italian products. In recent years Vespa has had extraordinary commercial success: from 2004 - when overall sales reached 58,000 units - the numbers grew to 122,000 in 2009, 165,000 in 2012, and 188,633 Vespas sold in 2013. Vespa tripled its production in ten years, during which more than a million of new Vespas hit the streets all over the world. Today Vespa is more than ever a global brand, a true citizen of the world, and it is manufactured in three production sites: Pontedera, in Italy, where Vespas have been produced without interruption from 1946, destined for Europe and the western markets, including the Americas; Vinh Phuc, in Vietnam, which serves the local market and the Far East; in India, in the brand new Baramati plant where Vespas for the Indian market are produced.

For additional information about Piaggio Group and Vespa, please visit www.vespa.com and www.piaggiogroup.com.

PRESS CONTACTS:

COTY INC.:
Catherine Walsh
Senior Vice President, Corporate Communications
catherine_walsh@cotyinc.com
T : +1 212 389 7346

PIAGGIO GROUP:
Piaggio Group Press Office
Via Broletto, 13
20121 Milan - Italy
+39 02 02.319612.15/16/17/18
press@piaggio.com

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Coty Inc. Reports Second Quarter Fiscal 2014 Results

February 14, 2014

Net Revenues Impacted by U.S. Market Softness

Solid Growth in Emerging Markets

Strong Cash Flow Generation

$200 Million Class A Share Repurchase Program Announced

Click here to see the earnings report.

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