Coty Revamps Board With Appointment Of Five New Independent Directors

Highly Accomplished Global Leaders Strengthen Board with Deep Beauty, Brand-Building and Financial Expertise to Advance Coty's Strategic Evolution

Coty Inc. (NYSE: COTY) (Paris: COTY) (⁘Coty⁘ or ⁘the Company⁘) today announced that its Board of Directors (the ⁘Board⁘) has appointed five new independent directors as part of a comprehensive Board refreshment. The new directors are Carsten Fischer, Alia Gogi, Robert Kunze-Concewitz, Maria Carla Liuni, and Stephanie Plaines. Mr. Kunze-Concewitz will serve as Chair of the Board's Remuneration Committee and Ms. Plaines will serve as Chair of the Board's Audit and Finance Committee. Mr. Fischer has also been named as the Board's new Lead Independent Director.