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BEAUTY OF OUR PEOPLE

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We are committed to creating a more inclusive business and society. We want to create a culture in which our associates bring their true selves to work, in turn making Coty stronger for it. Our brands, who touch consumers around the world every day, also have an important role to play in society by challenging stereotypes and championing self-expression.

Diversity, Equity & InclusioN

We celebrate diversity in all its forms and continue to work towards building a more inclusive business. We recognize the importance of diversity at a leadership level and throughout our whole organization –including diversity of gender, ethnicity, ability, background, gender identity, and sexual orientation. We also reflect the communities we serve through our brands, which champion the diversity of beauty and beauty of diversity.

Our approach to Diversity, Equity & Inclusion (DE&I) focuses on changing the conversation through engagement and education, as well as making systemic changes through our policies and processes. Our “Change the Conversation” DE&I curriculum has been rolled out to all associates, and we have introduced Employee Resource Groups (ERGs) as voluntary employee-led spaces for supporting and empowering employees of all different backgrounds.

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Gender Equity

We actively seek to achieve gender balance across the entirety of our workforce and continue to measure our progress. In FY21, 62% of our workforce were women, 56% were managers, and 38% were total leadership. Both our Board of Directors and Executive Committee are majority-female. In March 2021 we also set a new commitment to pay equitably for similar roles and performance, regardless of gender, by 2022.1

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SPOTLIGHT ON

PARTNERING FOR INCLUSIVITY

Since 2019, Sally Hansen has partnered with GLAAD, a dynamic media force pushing for LGBTQ acceptance. This year Sally Hansen once again collaborated to bring authentic stories and a message of inclusion and acceptance to retail stores, social media feeds, and into homes. The brand launched a limited-edition Pride Collection, as well as launching a second partnership moment in October of 2021 as an Official Sponsor of Spirit Day. We also held our first GLAAD Instagram Live Hangout, celebrating National Coming Out Day & Spirit Day with themed manicures.

Community Activity

For more than 20 years, Coty has partnered with DKMS, an international non-profit fighting blood cancer and blood disorders. Through corporate donations, we support the mission to end blood cancer and help patients build up their confidence and self-esteem. In FY21 we also joined forces to encourage stem cell donor registration and continued to collaborate through our support for DKMS Life’s Look Good Feel Better initiative to boost the physical and emotional wellbeing of cancer patients.

We remain dedicated to doing what we can to support Covid-19 relief efforts. Across our European, North American and Chinese operations we donated disinfectants and beauty products for frontline workers, charitable retail partners, and our own Coty associates in FY21.

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Health, Safety & Wellbeing

At Coty, we strive to provide a safe and supporting working environment, whether at home or across our corporate sites. Our global Health and Safety Policy governs the management of work-related health and safety risks across all our manufacturing and distribution sites, including corporate offices.

We manage the risk of accidents at our supply chain sites using our Six Key Elements Audits (6 KEA) program. Under the program all supply chain sites are required to complete a safety audit annually and set out an action plan for improvement which is reviewed monthly. The results of the 6 KEA program are tracked at a global level and reviewed by our safety leaders on a monthly basis.

The overall success of our health and safety management approach is assessed using a Total Recordable Incident Rate (TRIR).

Ethical Behavior

Our global compliance program, Behave Beautifully, is designed to detect and prevent unlawful behavior and promote a culture of ethical business practice. Behave Beautifully sets out our standards across a number of areas, including (but not limited to) anti-bribery and corruption, competition law, data privacy, preventing workplace harassment, and discrimination.

Our associate Code of Conduct sets out the behavior we expect from our associates and outlines the reporting process and protocols to follow if they have any concerns related to ethics and compliance. Training on the Code of Conduct is provided to all new associates at the time of joining, with additional training provided globally every two years.

In FY21, 4,818 of our in-scope2 associates were trained on compliance modules on Coty Academy, a completion rate of 98%.

Key Goals & Targets

our goals & targets

GENDER BALANCE

in our leadership positions by 2025.

DE&I TRAINING

for all associates by 2025.

PAY EQUITABLY

for similar roles and performance, regardless of gender, by 2022.

1Pay equity as a concept refers to compensating associates the same for similar job responsibilities, while taking into account external factors, such as experience level and job performance, which also impact remuneration.
2The scope includes all active employees, excluding employees who are on paid or unpaid leave or those who don’t have access to a private computer.