All-In to Win Transformation Program

CASH OLYMPICS: TARGETING LEVERAGE ~5X by CY21 KEY STREAMS 1 Inventory 2 Receivables 3 Payables 4 Real Estate 5 Long Term Assets 6 CAPEX 7 One Off Cost 8 Tax / Vat 9 Interest, Bank Fees 10 Factoring 11 Balance Sheet Review COTY EXAMPLES OF IDENTIFIED OPPORTUNITES & ($) Cash Olympics Freeing up >$150M in cash by selling off non-core real estate More than $100M in annual VAR "value at risk" - >$20M reduction targeted via depletion program and improved planning 11

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