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Coty Inc. Amends Existing Credit Agreement

June 7, 2021

NEW YORK--(BUSINESS WIRE)-- Coty Inc. (NYSE: COTY) today announced it has amended its existing credit agreement to, among other things, effectively extend the maturity of a portion of its existing revolving loan commitments. The amendment creates a new class of revolving loan commitments in an aggregate principal amount of $700.0 million, which commitments will mature in April 2025. The effectiveness of such new class of commitments is conditioned upon customary closing conditions, including a reduction of existing revolving loan commitments under Coty's existing credit agreement in an amount no less than $700.0 millionon or prior to September 30, 2021.

Investor Relations
Olga Levinzon

Antonia Werther
+31 621 394495

Source: Coty Inc.

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