Coty has made the determination that the cash distributions (i.e., dividends) paid to stockholders on March 10, 2017 and June 13, 2017, represent non-taxable returns of capital to stockholders. Coty has also determined that the cash distributions paid to stockholders on September 14, 2017, December 14, 2017, March 15, 2018, June 14, 2018, September 14, 2018, December 14, 2018, March 15, 2019, June 28, 2019, September 30, 2019, December 27, 2019, and March 27, 2020 are taxable dividends.