BOSS BOTTLED UNITED EXPERIENCE Pitch

SAVINGS PROGRAM ON TRACK TO DELIVER ~$300M IN FY21, $100M AHEAD OF SCHEDULE COTY SINCE 1904 BREAKDOWN OF TARGETED FY21 COST SAVINGS Structural A&CP 17% Trade Investment 5% COGS 14% Fixed Costs (Headcount, Business Svcs) 64% 18

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