<SEC-DOCUMENT>0001193125-23-249085.txt : 20231002
<SEC-HEADER>0001193125-23-249085.hdr.sgml : 20231002
<ACCEPTANCE-DATETIME>20231002162530
ACCESSION NUMBER:		0001193125-23-249085
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		14
CONFORMED PERIOD OF REPORT:	20230928
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20231002
DATE AS OF CHANGE:		20231002

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COTY INC.
		CENTRAL INDEX KEY:			0001024305
		STANDARD INDUSTRIAL CLASSIFICATION:	PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
		IRS NUMBER:				133823358
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35964
		FILM NUMBER:		231300029

	BUSINESS ADDRESS:	
		STREET 1:		350 FIFTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10118
		BUSINESS PHONE:		212-389-7300

	MAIL ADDRESS:	
		STREET 1:		350 FIFTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10118

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COTY INC /
		DATE OF NAME CHANGE:	19961004
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d331813d8k.htm
<DESCRIPTION>8-K
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8" ?>
<html xmlns:dei="http://xbrl.sec.gov/dei/2022" xmlns:us-types="http://fasb.org/us-types/2022" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:coty="http://www.coty.com/20230928" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:utr="http://www.xbrl.org/2009/utr" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns="http://www.w3.org/1999/xhtml">
<head>
<title>8-K</title>
<meta http-equiv="Content-Type" content="text/html" />
</head>
   <body><div style="display:none"> <ix:header> <ix:hidden> <ix:nonNumeric name="dei:AmendmentFlag" contextRef="duration_2023-09-28_to_2023-09-28">false</ix:nonNumeric> <ix:nonNumeric id="Hidden_dei_EntityCentralIndexKey" name="dei:EntityCentralIndexKey" contextRef="duration_2023-09-28_to_2023-09-28">0001024305</ix:nonNumeric> </ix:hidden> <ix:references> <link:schemaRef xlink:type="simple" xlink:href="coty-20230928.xsd" xlink:arcrole="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase"></link:schemaRef> </ix:references> <ix:resources> <xbrli:context id="duration_2023-09-28_to_2023-09-28"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001024305</xbrli:identifier> </xbrli:entity> <xbrli:period> <xbrli:startDate>2023-09-28</xbrli:startDate> <xbrli:endDate>2023-09-28</xbrli:endDate> </xbrli:period> </xbrli:context> </ix:resources> </ix:header> </div> <div style="text-align:center"> <div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto"> <p style="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&#160;</p> <p style="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&#160;</p> <p style="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman;font-weight:bold;text-align:center">UNITED STATES</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman;font-weight:bold;text-align:center">SECURITIES AND EXCHANGE COMMISSION</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman;font-weight:bold;text-align:center">WASHINGTON, D.C. 20549</p> <p style="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="text-align:center"> <p style="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%;text-align:center;margin-left: auto;margin-right: auto">&#160;</p></div> <p style="margin-top:8pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman;font-weight:bold;text-align:center">FORM <span style="white-space:nowrap"><ix:nonNumeric name="dei:DocumentType" contextRef="duration_2023-09-28_to_2023-09-28">8-K</ix:nonNumeric></span></p> <p style="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="text-align:center"> <p style="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%;text-align:center;margin-left: auto;margin-right: auto">&#160;</p></div> <p style="margin-top:8pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman;font-weight:bold;text-align:center">CURRENT REPORT</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman;font-weight:bold;text-align:center">Pursuant to Section&#160;13 OR 15(d)</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman;font-weight:bold;text-align:center">of the Securities Exchange Act of 1934</p> <p style="margin-top:8pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman;font-weight:bold;text-align:center">Date of Report (Date of Earliest Event Reported): <ix:nonNumeric name="dei:DocumentPeriodEndDate" contextRef="duration_2023-09-28_to_2023-09-28" format="ixt:datemonthdayyearen">September&#160;28, 2023</ix:nonNumeric></p> <p style="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="text-align:center"> <p style="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%;text-align:center;margin-left: auto;margin-right: auto">&#160;</p></div> <p style="margin-top:8pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman;font-weight:bold;text-align:center"> <ix:nonNumeric name="dei:EntityRegistrantName" contextRef="duration_2023-09-28_to_2023-09-28">Coty Inc.</ix:nonNumeric> </p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center">(Exact Name of Registrant as Specified in Its Charter)</p> <p style="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="text-align:center"> <p style="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%;text-align:center;margin-left: auto;margin-right: auto">&#160;</p></div> <p style="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="border-collapse:collapse; font-family:Times New Roman; font-size:8pt;width:100%;border:0;margin:0 auto">
<tr>
<td style="width:34%"></td>
<td style="vertical-align:bottom"></td>
<td style="width:32%"></td>
<td style="vertical-align:bottom;width:1%"></td>
<td style="width:32%"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style=" text-align: center;margin:auto; vertical-align:top"><span style="font-weight:bold"><ix:nonNumeric name="dei:EntityIncorporationStateCountryCode" contextRef="duration_2023-09-28_to_2023-09-28" format="ixt-sec:stateprovnameen">Delaware</ix:nonNumeric></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap"><ix:nonNumeric name="dei:EntityFileNumber" contextRef="duration_2023-09-28_to_2023-09-28">001-35964</ix:nonNumeric></span></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap"><ix:nonNumeric name="dei:EntityTaxIdentificationNumber" contextRef="duration_2023-09-28_to_2023-09-28">13-3823358</ix:nonNumeric></span></span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style=" text-align: center;margin:auto; vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">(State or other jurisdiction</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">of incorporation)</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">(Commission</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">File Number)</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">(IRS Employer</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Identification No.)</p></td></tr></table> <p style="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="border-collapse:collapse; font-family:Times New Roman; font-size:10pt;width:100%;border:0;margin:0 auto">
<tr>
<td style="width:34%"></td>
<td style="vertical-align:bottom"></td>
<td style="width:32%"></td>
<td style="vertical-align:bottom;width:1%"></td>
<td style="width:32%"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style=" text-align: center;margin:auto; vertical-align:top" colspan="3"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center"><ix:nonNumeric name="dei:EntityAddressAddressLine1" contextRef="duration_2023-09-28_to_2023-09-28">350 Fifth Avenue</ix:nonNumeric></p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center"><ix:nonNumeric name="dei:EntityAddressCityOrTown" contextRef="duration_2023-09-28_to_2023-09-28">New York</ix:nonNumeric>, <ix:nonNumeric name="dei:EntityAddressStateOrProvince" contextRef="duration_2023-09-28_to_2023-09-28" format="ixt-sec:stateprovnameen">New York</ix:nonNumeric></p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:bottom"><span style="font-weight:bold"><ix:nonNumeric name="dei:EntityAddressPostalZipCode" contextRef="duration_2023-09-28_to_2023-09-28">10118</ix:nonNumeric></span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style=" text-align: center;margin:auto; vertical-align:top" colspan="3"><span style="font-weight:bold">(Address of principal executive offices)</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:top"><span style="font-weight:bold">(Zip Code)</span></td></tr></table> <p style="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center">Registrant&#8217;s telephone number, including area code <ix:nonNumeric name="dei:CityAreaCode" contextRef="duration_2023-09-28_to_2023-09-28">(212)</ix:nonNumeric> <span style="white-space:nowrap"><ix:nonNumeric name="dei:LocalPhoneNumber" contextRef="duration_2023-09-28_to_2023-09-28">389-7300</ix:nonNumeric></span></p> <p style="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center">Former name or former address, if changed since last report</p> <p style="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="text-align:center"> <p style="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%;text-align:center;margin-left: auto;margin-right: auto">&#160;</p></div> <p style="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Check the appropriate box below if the Form <span style="white-space:nowrap">8-K</span> filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="border-collapse:collapse; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top"><ix:nonNumeric name="dei:WrittenCommunications" contextRef="duration_2023-09-28_to_2023-09-28" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="border-collapse:collapse; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top"><ix:nonNumeric name="dei:SolicitingMaterial" contextRef="duration_2023-09-28_to_2023-09-28" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Soliciting material pursuant to Rule <span style="white-space:nowrap">14a-12</span> under the Exchange Act (17 CFR <span style="white-space:nowrap">240.14a-12)</span></p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="border-collapse:collapse; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top"><ix:nonNumeric name="dei:PreCommencementTenderOffer" contextRef="duration_2023-09-28_to_2023-09-28" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="white-space:nowrap">Pre-commencement</span> communications pursuant to Rule <span style="white-space:nowrap">14d-2(b)</span> under the Exchange Act (17 CFR <span style="white-space:nowrap">240.14d-2(b))</span></p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="border-collapse:collapse; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top"><ix:nonNumeric name="dei:PreCommencementIssuerTenderOffer" contextRef="duration_2023-09-28_to_2023-09-28" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="white-space:nowrap">Pre-commencement</span> communications pursuant to Rule <span style="white-space:nowrap">13e-4(c)</span> under the Exchange Act (17 CFR <span style="white-space:nowrap">240.13e-4(c))</span></p></td></tr></table> <p style="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities registered pursuant to Section&#160;12(b) of the Act:</p> <p style="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="border-collapse:collapse; font-family:Times New Roman; font-size:8pt;width:100%;border:0;margin:0 auto">
<tr>
<td style="width:34%"></td>
<td style="vertical-align:bottom"></td>
<td style="width:32%"></td>
<td style="vertical-align:bottom;width:1%"></td>
<td style="width:32%"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style=" text-align: center;margin:auto; border-bottom:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Title of each class</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; border-bottom:1.00pt solid #000000;vertical-align:bottom"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Trading</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">symbol(s)</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; border-bottom:1.00pt solid #000000;vertical-align:bottom"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Name of each exchange</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">on which registered</p></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style=" text-align: center;margin:auto; vertical-align:top"><ix:nonNumeric name="dei:Security12bTitle" contextRef="duration_2023-09-28_to_2023-09-28">Class&#160;A Common Stock, $0.01 par value</ix:nonNumeric></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:top"><ix:nonNumeric name="dei:TradingSymbol" contextRef="duration_2023-09-28_to_2023-09-28">COTY</ix:nonNumeric></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:top"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="duration_2023-09-28_to_2023-09-28" format="ixt-sec:exchnameen">New York Stock Exchange</ix:nonNumeric></td></tr></table> <p style="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule <span style="white-space:nowrap">12b-2</span> of the Securities Exchange Act of 1934 <span style="white-space:nowrap">(&#167;240.12b-2</span> of this chapter).</p> <p style="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><ix:nonNumeric name="dei:EntityEmergingGrowthCompany" contextRef="duration_2023-09-28_to_2023-09-28" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric>&#8194;Emerging growth company</p> <p style="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section&#160;13(a) of the Exchange Act.&#8194;&#9744;</p> <p style="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <p style="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&#160;</p> <p style="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&#160;</p></div></div>

<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%" />

<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:11%;vertical-align:top" align="left"><span style="font-weight:bold">Item&#8201;1.01</span></td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">Entry into a Material Definitive Agreement </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On September&#160;28, 2023, Coty Inc. (the &#8220;Company&#8221;), a Delaware corporation, entered into an underwriting agreement (the &#8220;Underwriting Agreement&#8221;) with Banco Santander, BNP PARIBAS, Citigroup Global Markets Europe AG, Citigroup Global Markets Inc. and Cr&#233;dit Agricole Corporate and Investment Bank, as representatives of the several underwriters named in Schedule II thereto (collectively, the &#8220;Underwriters&#8221;), to issue and sell 33,000,000 shares of the Company&#8217;s Class&#160;A common stock, par value $0.01 per share (&#8220;Common Stock&#8221;), at a public offering price of $10.80 (or &#8364;10.28) per share based on an exchange rate of $1.0509 per Euro (the &#8220;Pricing <span style="white-space:nowrap">USD-EUR</span> Exchange Rate&#8221;) in a global offering (the &#8220;Offering&#8221;). The Offering was made to the public in the United States and on a private placement basis outside of the United States, including in the European Economic Area to qualified investors as defined in Article 2(e) of Regulation (EU) N&#176; 2017/1129 of 14&#160;June 2017, as amended. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">After deducting underwriting commissions and fees and estimated offering expenses the Company expects the net proceeds of the Offering to be approximately $341 (&#8364;324) million based on the Pricing <span style="white-space:nowrap">USD-EUR</span> Exchange Rate. The Company intends to use the net proceeds from the Offering primarily to retire principal amount of outstanding debt. Other uses include general corporate purposes, such as strategic investments in its business, working capital and capital expenditures. The Offering closed on October&#160;2, 2023. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Underwriting Agreement contains customary representations, warranties and agreements of the Company, customary conditions to closing, obligations of the parties and termination provisions. The foregoing description is qualified in its entirety by reference to the Underwriting Agreement, a copy of which is attached hereto as Exhibit 1.1 and incorporated herein by reference. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the Underwriting Agreement, the Company has agreed that, subject to certain exceptions, it will not, without the prior written consent of the representatives of the Underwriters for a period of 180 days after the date of the final prospectus for the Offering, offer, sell, contract to sell, pledge, or otherwise dispose of, (or enter into any transaction which is designed to, or might reasonably be expected to, result in the disposition (whether by actual disposition or effective economic disposition due to cash settlement or otherwise) by the Company or any affiliate of the Company or any person in privity with the Company or any affiliate of the Company) directly or indirectly, including the filing (or participation in the filing) of a registration statement with the SEC in respect of, or establish or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section&#160;16 of the Securities Exchange Act of 1934, any other shares of Common Stock or any securities convertible into, or exercisable or exchangeable for shares of Common Stock, or publicly announce an intention to effect any such transaction. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The offer and sale of shares of Common Stock sold in the Offering was registered under the Securities Act of 1933, as amended, pursuant to the Company&#8217;s shelf registration statement on Form <span style="white-space:nowrap">S-3</span> (File <span style="white-space:nowrap">No.&#160;333-274683),</span> filed with the Securities and Exchange Commission on September&#160;25, 2023, which became effective on filing, as supplemented by the final prospectus supplement, dated September&#160;28, 2023. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:11%;vertical-align:top" align="left"><span style="font-weight:bold">Item&#8201;8.01</span></td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">Other Events. </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On September&#160;28, 2023, the Company&#8217;s Common Stock (including the shares of Common Stock sold in the Offering) was admitted for listing and trading on the professional segment of the regulated market of Euronext Paris following approval by the <span style="font-style:italic">Autorit&#233; des march&#233;s financiers</span>. The Common Stock began trading on Euronext Paris on September&#160;28, 2023. </p>
</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%" />

<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:11%;vertical-align:top" align="left"><span style="font-weight:bold">Item&#8201;9.01</span></td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">Financial Statements and Exhibits. </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following are filed as exhibits to this Current Report on Form <span style="white-space:nowrap">8-K:</span> </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:96%;border:0;margin:0 auto">


<tr>

<td></td>

<td style="vertical-align:bottom;width:5%"></td>
<td style="width:92%"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap" align="center"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Exhibit</p> <p style="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; display:inline-block; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Number</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap" align="center"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:inline-block; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Description of Exhibit</p></td></tr>


<tr style="font-size:1pt">
<td style="height:6pt"></td>
<td style="height:6pt" colspan="2"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8194;1.1</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="d331813dex11.htm">Underwriting Agreement, dated September&#160;28, 2023, by and between Coty Inc. and Banco Santander, BNP PARIBAS, Citigroup Global Markets Europe AG, Citigroup Global Markets Inc. and Cr&#233;dit Agricole Corporate and Investment Bank. </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"></td>
<td style="height:6pt" colspan="2"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8194;5.1</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="d331813dex51.htm">Opinion of Skadden, Arps, Slate, Meagher&#160;&amp; Flom LLP regarding the legality of the Common Stock. </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"></td>
<td style="height:6pt" colspan="2"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">23.1</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="d331813dex51.htm">Consent of Skadden, Arps, Slate, Meagher&#160;&amp; Flom LLP (included in Exhibit&#160;5.1 filed herewith). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"></td>
<td style="height:6pt" colspan="2"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">104</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Cover Page Interactive Data File (embedded within the Inline XBRL document)</td></tr>
</table>
</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%" />

<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center">SIGNATURE </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p><div>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:40%;border:0;margin-left:auto">


<tr>

<td style="width:10%"></td>

<td style="vertical-align:bottom;width:1%"></td>
<td style="width:89%"></td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom" colspan="3">Coty Inc.</td></tr>
<tr style="font-size:1pt">
<td style="height:12pt"></td>
<td style="height:12pt" colspan="2"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">By:</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Laurent Mercier</p></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Laurent Mercier</p></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Chief Financial Officer</p></td></tr>
<tr style="font-size:1pt">
<td style="height:12pt"></td>
<td style="height:12pt" colspan="2"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom">Date:</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">October&#160;2, 2023</td></tr>
</table></div>
</div></div>

</body></html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1.1
<SEQUENCE>2
<FILENAME>d331813dex11.htm
<DESCRIPTION>EX-1.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-1.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE" STYLE="line-height:Normal">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 1.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Coty Inc. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">33,000,000 Shares </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Class&nbsp;A Common Stock </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">($0.01&nbsp;par value) </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Underwriting Agreement </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">New York,
New York </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">September&nbsp;28, 2023 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Banco
Santander, S.A. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">BNP PARIBAS </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Citigroup Global Markets Europe
AG </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Citigroup Global Markets Inc. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Cr&eacute;dit Agricole
Corporate and Investment Bank </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As Representatives of the several Underwriters, </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">c/o Banco Santander, S.A </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Paseo de Pereda </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">9-12,</FONT> 39004 Santander </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Spain </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">c/o BNP PARIBAS </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">16, boulevard des Italiens </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">75009 Paris </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">France </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">c/o Citigroup Global Markets Europe AG </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Reuterweg 16 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">60323 Frankfurt am Main </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Germany </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">c/o Citigroup Global Markets Inc. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">388 Greenwich Street </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">New York, New York 10013 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">United States </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">c/o Cr&eacute;dit Agricole Corporate and
Investment Bank </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">12 place des Etats-Unis, CS 70052 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">92547
Montrouge Cedex </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">France </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ladies and Gentlemen: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Coty Inc., a corporation organized under the laws of the United States (the &#147;<U>Company</U>&#148;), proposes to issue and sell to the
several underwriters named in Schedule II hereto, acting directly or through one or more affiliates (the &#147;<U>Underwriters</U>&#148;), for whom you (the &#147;<U>Representatives</U>&#148;) are acting as representatives, the number of shares of
Class&nbsp;A common stock, </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
$0.01 par value (the &#147;<U>Common Stock</U>&#148;) of the Company set forth in Schedule I hereto (said shares to be issued and sold by the Company being hereinafter called the
&#147;<U>Securities</U>&#148;) in a global registered offering (the &#147;<U>Offering</U>&#148;) to the public in the United States and on a private placement basis outside of the United States, including in the European Union to qualified investors
as defined in Article 2(e) of Regulation (EU) N&deg; 2017/1129 of 14&nbsp;June 2017 (as amended, the &#147;<U>Prospectus Regulation</U>&#148;). Concurrently with the Offering, the Company intends to apply for the admission of the Common Stock to
listing and trading (the &#147;<U>Paris Listing</U>&#148;) on the Professional Segment (<I>Compartiment Professionnel</I>) of the regulated market of Euronext Paris (&#147;<U>Euronext Paris</U>&#148;). For the avoidance of doubt, references in this
agreement to affiliates shall, with respect to Cr&eacute;dit Agricole Corporate and Investment Bank, include Kepler Cheuvreux (including Kepler Capital Markets, Inc.). The Offering will consist of offers and sales of Securities purchasable in U.S.
Dollars for trading on the New York Stock Exchange (the &#147;<U>NYSE</U>&#148;) and offers and sales of Securities purchasable in Euros for trading on Euronext Paris. Certain Underwriters will also act as listing agents in connection with the Paris
Listing (in their capacity as such, the &#147;<U>Listing Agents</U>&#148;). To the extent there are no additional Underwriters listed on Schedule II other than you, the term Representatives as used herein shall mean you, as Underwriters, and the
terms Representatives and Underwriters shall mean either the singular or plural as the context requires. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Two documents will be prepared
by the Company to be used in connection with the Offering and the Paris Listing, respectively: (i)&nbsp;a Registration Statement and the Disclosure Package relating to the Offering which, subject to the terms of this Agreement, the Company
authorizes the Underwriters to distribute in connection with the Offering in accordance with applicable laws and regulations; and (ii)&nbsp;a prospectus submitted to the French <I>Autorit&eacute; des march&eacute;s financiers</I> (the
&#147;<U>AMF</U>&#148;) for approval in relation to the Paris Listing (the &#147;<U>Listing Prospectus</U>&#148;, and such approval being referred to herein as the &#147;<U>Listing Prospectus Approval</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">As used in this underwriting agreement (this &#147;<U>Agreement</U>&#148;), the &#147;<U>Registration Statement</U>&#148; means the
registration statement referred to in paragraph 1(a) hereof, including the exhibits, schedules and financial statements and the prospectus supplement relating to the Securities, that is filed with the Securities and Exchange Commission (the
&#147;<U>SEC</U>&#148;) pursuant to Rule 424(b) under the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the &#147;<U>Securities Act</U>&#148;) and deemed part of such registration statement pursuant to
Rule 430B under the Securities Act, as amended on each Effective Date, and, in the event any post-effective amendment thereto becomes effective prior to the Closing Date (as defined in Section&nbsp;3 hereof), shall also mean such registration
statement as so amended; the &#147;<U>Effective Date</U>&#148; means each date and time that the Registration Statement and any post-effective amendment or amendments thereto became or becomes effective; the &#147;<U>Base Prospectus</U>&#148; means
the base prospectus referred to in paragraph 1(a) hereof contained in the Registration Statement at the date and time that this Agreement is executed and delivered by the parties hereto (the &#147;<U>Execution Time</U>&#148;); the
&#147;<U>Preliminary Prospectus</U>&#148; means the preliminary prospectus supplement to the Base Prospectus referred to in paragraph 1(a) hereof which is used prior to the filing of the Final Prospectus, together with the Base Prospectus; and the
&#147;<U>Final Prospectus</U>&#148; means the prospectus supplement relating to the Securities that is first filed pursuant to Rule 424(b) under the Securities Act (&#147;<U>Rule 424(b)</U>&#148;) after the Execution Time, together with the Base
Prospectus. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Any reference herein to the Registration Statement, the Base Prospectus, the Preliminary
Prospectus or the Final Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to Item 12 of Form <FONT STYLE="white-space:nowrap">S-3</FONT> which were filed under the Securities Exchange Act of
1934, as amended, and the rules and regulations promulgated thereunder (the &#147;<U>Exchange Act</U>&#148;) on or before the Effective Date of the Registration Statement or the issue date of the Base Prospectus, any Preliminary Prospectus or the
Final Prospectus, as the case may be; and any reference herein to the terms &#147;amend,&#148; &#147;amendment&#148; or &#147;supplement&#148; with respect to the Registration Statement, the Base Prospectus, any Preliminary Prospectus or the Final
Prospectus shall be deemed to refer to and include the filing of any document under the Exchange Act after the Effective Date of the Registration Statement or the issue date of the Base Prospectus, any Preliminary Prospectus or the Final Prospectus,
as the case may be, deemed to be incorporated therein by reference. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">As used in this Agreement, the &#147;<U>Disclosure Package</U>&#148;
shall mean (i)&nbsp;the Base Prospectus, (ii)&nbsp;the Preliminary Prospectus used most recently prior to the Execution Time, (iii)&nbsp;any issuer free writing prospectus, as defined in Rule 433 under the Securities Act (an &#147;<U>Issuer Free
Writing Prospectus</U>&#148;) identified in Schedule III hereto as well as the oral or written communications in compliance with Rule 134 under the Securities Act identified in Schedule III hereto, and (iv)&nbsp;any other free writing prospectus, as
defined in Rule 405 under the Securities Act (a &#147;<U>Free Writing Prospectus</U>&#148;), that the parties hereto shall hereafter expressly agree in writing to treat as part of the Disclosure Package. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Capitalized terms used but not defined herein shall have the meanings given to such terms in the Registration Statement and the Final
Prospectus. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">1. <U>Representations and Warranties</U>. The Company represents and warrants to, and agrees with, each Underwriter as set
forth below in this Section&nbsp;1. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) The Company meets the requirements for use of Form
<FONT STYLE="white-space:nowrap">S-3</FONT> under the Securities Act and has prepared and filed with the SEC an automatic shelf registration statement, as defined in Rule 405 under the Securities Act (&#147;<U>Rule 405</U>&#148;) (the file number of
which is set forth in Schedule I hereto) on <FONT STYLE="white-space:nowrap">Form&nbsp;S-3,</FONT> including a related Base Prospectus, for the registration of the offering and sale of the Securities under the Securities Act. Such Registration
Statement, including any amendments thereto filed prior to the Execution Time, became effective upon filing. The Company will have filed with the SEC, as part of an amendment to the Registration Statement or pursuant to Rule 424(b), a preliminary
prospectus supplement relating to the Securities, which has previously been furnished to you. The Company will file with the SEC a final prospectus supplement relating to the Securities in accordance with Rule 424(b) after the Execution Time. As
filed, such final prospectus supplement shall contain all information required by the Securities Act and the rules thereunder and, except to the extent the Representatives shall agree in writing to a modification, shall be in all substantive
respects in the form furnished to you prior to the Execution Time or, to the extent not completed at the Execution Time, shall contain only such specific additional information and other changes (beyond that contained in the Base Prospectus and any
Preliminary Prospectus) as the Company has advised you, prior to the Execution Time, will be included or made therein. The Registration Statement, at the Execution Time, meets the requirements set forth in Rule&nbsp;415(a)(1)(x) under the Securities
Act. The initial Effective Date of the Registration Statement was not earlier than the date three years before the Execution Time. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) On each Effective Date, the Registration Statement did, and when the
Final Prospectus is first filed in accordance with Rule&nbsp;424(b) and on the Closing Date (as defined herein), the Final Prospectus (and any supplement thereto) will, comply in all material respects with the applicable requirements of the
Securities Act and the Exchange Act and the respective rules thereunder; on each Effective Date, at the Execution Time and on the Closing Date, the Registration Statement did not and will not contain any untrue statement of a material fact or omit
to state any material fact required to be stated therein or necessary in order to make the statements therein not misleading; and on the date of any filing pursuant to Rule&nbsp;424(b) and on the Closing Date, the Final Prospectus (together with any
supplement thereto) will not include any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading;
<U>provided</U>, <U>however</U>, that the Company makes no representations or warranties as to the information contained in or omitted from the Registration Statement or the Final Prospectus (or any supplement thereto) in reliance upon and in
conformity with information furnished in writing to the Company by or on behalf of any Underwriter through the Representatives specifically for inclusion in the Registration Statement or the Final Prospectus (or any supplement thereto), it being
understood and agreed that the only such information furnished by any Underwriter consists of the information described as such in Section&nbsp;8 hereof. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c)&nbsp;(i) The Disclosure Package and<B> </B>(ii)&nbsp;each electronic road show, when taken together as a whole with the
Disclosure Package,<B> </B>does not contain any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading;
all forecasts, estimates, objectives, statements of intention, opinions or expectations and forward-looking statements in relation to the Company contained or incorporated by reference in the Disclosure Package have been made on reasonable grounds
after due and careful consideration of all relevant circumstances. The first phrase of the preceding sentence does not apply to statements in or omissions from the Disclosure Package based upon and in conformity with written information furnished to
the Company by any Underwriter through the Representatives specifically for use therein, it being understood and agreed that the only such information furnished by or on behalf of any Underwriter consists of the information described as such in
Section&nbsp;8 hereof. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) The Listing Prospectus Approval is complete and the Listing Prospectus, as approved by the AMF,
conforms to the requirements set forth by applicable laws and regulations, including, without limitation, AMF regulations and the Prospectus Regulation and the rules adopted thereunder. The information contained in the Listing Prospectus, as of the
date hereof, does not contain and, as amended or supplemented, if applicable, will not contain as of the Closing Date, any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the
statements therein not misleading, and the information contained in the Listing Prospectus conforms or will conform in all material respects to the information contained </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">
in the Registration Statement, the Disclosure Package and the Final Prospectus, except for information included in the Listing Prospectus not required to be included in the Registration
Statement, the Disclosure Package or the Final Prospectus, or information included in the Registration Statement, the Disclosure Package or the Final Prospectus but not required to be included in the Listing Prospectus, in each case which is not
material. No order suspending the effectiveness of the Listing Prospectus has been issued by the AMF, nor has, to the Company&#146;s knowledge, any challenge to the Listing Prospectus or the filing with the AMF been filed with any court. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e)&nbsp;(i) At the time of filing the Registration Statement, (ii)&nbsp;at the time of the most recent amendment thereto for
the purposes of complying with Section&nbsp;10(a)(3) of the Securities Act (whether such amendment was by post-effective amendment, incorporated report filed pursuant to Sections 13 or 15(d) of the Exchange Act or form of prospectus), (iii) at the
time the Company or any person acting on its behalf (within the meaning, for this clause only, of Rule 163(c)) made any offer relating to the Securities in reliance on the exemption in Rule 163, and (iv)&nbsp;at the Execution Time (with such date
being used as the determination date for purposes of this clause (iv)), the Company was or is (as the case may be) a &#147;well-known seasoned issuer&#148; as defined in Rule 405. The Company agrees to pay the fees required by the SEC relating to
the Securities within the time required by Rule 456(b)(1) without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r). </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f)&nbsp;(i) At the earliest time after the filing of the Registration Statement that the Company or another offering
participant made a <I>bona fide</I> offer (within the meaning of Rule 164(h)(2)) under the Securities and (ii)&nbsp;as of the Execution Time (with such date being used as the determination date for purposes of this clause (ii)), the Company was not
and is not an Ineligible Issuer (as defined in Rule 405), without taking account of any determination by the SEC pursuant to Rule 405 that it is not necessary that the Company be considered an Ineligible Issuer. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) Each Issuer Free Writing Prospectus does not include any information that conflicts with the information contained in the
Registration Statement, including any document incorporated by reference therein and any prospectus supplement deemed to be a part thereof that has not been superseded or modified. The foregoing sentence does not apply to statements in or omissions
from any Issuer Free Writing Prospectus based upon and in conformity with written information furnished to the Company by any Underwriter through the Representatives specifically for use therein, it being understood and agreed that the only such
information furnished by or on behalf of any Underwriter consists of the information described as such in Section&nbsp;8 hereof. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) The interactive data in the eXtensible Business Reporting Language (&#147;<U>XBRL</U>&#148;) included as an exhibit to the
Registration Statement fairly presents the information called for in all material respects and has been prepared in accordance with the SEC&#146;s rules and guidelines applicable thereto. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) The Company and each &#147;significant subsidiary&#148; of the Company
(as such term is defined in Rule <FONT STYLE="white-space:nowrap">1-02</FONT> of Regulation <FONT STYLE="white-space:nowrap">S-X)</FONT> (each, a &#147;<U>Subsidiary</U>&#148; and, collectively, the &#147;<U>Subsidiaries</U>&#148;) has been duly
organized and is validly existing in good standing under the laws of the jurisdiction in which it is chartered or organized with full corporate or similar power and authority to own or lease, as the case may be, and to operate its properties and
conduct its business as described in the Disclosure Package and the Final Prospectus, and is duly qualified to do business as a foreign corporation and is in good standing under the laws of each jurisdiction which requires such qualification. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) All the outstanding shares of capital stock of each Subsidiary have, to the extent such concept exists in the relevant
jurisdiction of each Subsidiary, been duly and validly authorized and issued and are fully paid and <FONT STYLE="white-space:nowrap">non-assessable,</FONT> and, except as otherwise set forth in the Disclosure Package and the Final Prospectus, all
outstanding shares of capital stock of the subsidiaries are owned by the Company either directly or through wholly owned subsidiaries (other than director qualifying shares or as required by applicable law) free and clear of any perfected security
interest or any other security interests, claims, liens or encumbrances, other than transfer restrictions under applicable securities laws and security interests granted under the Company&#146;s existing debt agreements as disclosed in the
Registration Statement, the Pricing Disclosure Package and the Prospectus. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k) The statements in the Preliminary
Prospectus and the Final Prospectus under the heading &#147;Material United States Federal Income Tax Considerations&#148;, insofar as such statements summarize legal matters, agreements, documents or proceedings discussed therein, are accurate and
fair summaries of such legal matters, agreements, documents or proceedings. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l) The Company is not and, after giving
effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Disclosure Package and the Final Prospectus, will not be an &#147;investment company&#148; as defined in the Investment Company Act of
1940, as amended. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(m) No consent, approval, authorization, filing with or order of any court or governmental agency or
body is required in connection with the transactions contemplated herein, except such as have been obtained under the Securities Act and AMF regulations and such as may be required under the blue sky laws of any jurisdiction in connection with the
purchase and distribution of the Securities by the Underwriters in the manner contemplated herein and in the Disclosure Package and the Final Prospectus. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(n) Neither the issue and sale of the Securities nor the consummation of any other of the transactions herein contemplated nor
the fulfillment of the terms hereof will conflict with, result in a breach or violation of, or imposition of any lien, charge or encumbrance upon any property or assets of the Company or any of its subsidiaries pursuant to, (i)&nbsp;the charter or <FONT
STYLE="white-space:nowrap">by-laws</FONT> of the Company or any of its subsidiaries, (ii)&nbsp;the terms of any indenture, contract, lease, mortgage, deed of trust, note agreement, loan agreement or other agreement, obligation, condition, covenant
or instrument to which the Company or any of its subsidiaries is a party or bound or to which its or their property is subject, or (iii)&nbsp;any statute, law, rule, regulation, judgment, order or decree applicable to the Company or any of its
subsidiaries of any court, regulatory body, administrative </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">6 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">
agency, governmental body, arbitrator or other authority (each, a &#147;<U>Governmental Entity</U>&#148;) having jurisdiction over the Company or any of its subsidiaries or any of its or their
properties, except, solely with respect to clauses (ii)&nbsp;and (iii), for such breaches, violations or impositions as would not (x)&nbsp;singly or in the aggregate, reasonably be expected to result in a material adverse change in the condition,
financial or otherwise, or in the earnings or business affairs of the Company and its subsidiaries considered as one enterprise, whether or not arising in the ordinary course of business (a &#147;<U>Material Adverse Effect</U>&#148;) or
(y)&nbsp;have a material adverse effect on the performance of this Agreement or the consummation of any of the transactions contemplated hereby. <B></B> </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(o) No holders of securities of the Company have rights to the registration of such securities under the Registration Statement
except for such rights that are described in the Registration Statement, the Disclosure Package and the Base Prospectus. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(p) The consolidated historical financial statements and schedules of the Company and its consolidated subsidiaries included in
the Preliminary Prospectus, the Final Prospectus and the Registration Statement present fairly, in all material respects, the financial condition, results of operations and cash flows of the Company as of the dates and for the periods indicated,
comply as to form, in all material respects, with the applicable accounting requirements of the Securities Act and have been prepared in conformity with generally accepted accounting principles applied on a consistent basis throughout the periods
involved (except as otherwise noted therein); the selected historical consolidated financial data and the summary historical consolidated financial information included in the Preliminary Prospectus, the Final Prospectus and the Registration
Statement under the heading &#147;Summary Historical Consolidated Financial Information&#148; (other than the information contained under the subheading <FONT STYLE="white-space:nowrap">&#147;&#151;Non-GAAP</FONT> Financial Measures&#148;) present
fairly in all material respects the information shown therein and have been compiled on a basis consistent with that of the financial statements presented therein. All disclosures contained in the Disclosure Package and the Final Prospectus
regarding <FONT STYLE="white-space:nowrap">&#147;non-GAAP</FONT> financial measures&#148; (as such term is defined by the rules and regulations of the SEC) comply in all material respects with Regulation G of the Exchange Act, to the extent
applicable. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(q) No action, suit or proceeding by or before any Governmental Entity involving the Company or any of its
subsidiaries or its or their property is pending or, to the knowledge of the Company, threatened that (i)&nbsp;could reasonably be expected to have a material adverse effect on the performance of this Agreement or the consummation of any of the
transactions contemplated hereby or (ii)&nbsp;could reasonably be expected to have a Material Adverse Effect, except as set forth in or contemplated in the Disclosure Package and the Final Prospectus (exclusive of any amendment or supplement
thereto). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(r) Since June&nbsp;30, 2023, except as set forth in the Disclosure Package and the Final Prospectus, there has
not been any event, development, circumstance or change with respect to the business of the Company or its subsidiaries which has had or would reasonably be expected to result in a Material Adverse Effect. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">7 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(s) After due inquiry and prior to the issue of the Common Stock, the
Company is of the opinion that it will have working capital sufficient for its present requirements, i.e., at least for the next 12 months following the date of each of the Listing Prospectus and this Agreement. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(t) Each of the Company and its Subsidiaries owns or leases all such real properties as are necessary to the conduct of its
operations as presently conducted. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(u) Neither the Company nor any Subsidiary is in violation or default of (i)&nbsp;any
provision of its charter or bylaws, (ii)&nbsp;the terms of any indenture, contract, lease, mortgage, deed of trust, note agreement, loan agreement or other agreement, obligation, condition, covenant or instrument to which it is a party or bound or
to which its property is subject, or (iii)&nbsp;any statute, law, rule, regulation, judgment, order or decree of any Governmental Entity having jurisdiction over the Company or such Subsidiary or any of its properties, as applicable, except, solely
with respect to clauses (ii)&nbsp;and (iii), for such violations or defaults as would not, singly or in the aggregate, reasonably be expected to result in a Material Adverse Effect. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) Deloitte&nbsp;&amp; Touche LLP, who have certified certain financial statements of the Company and its consolidated
subsidiaries and delivered their report with respect to the audited consolidated financial statements and schedules included in the Disclosure Package and the Final Prospectus, are independent public accountants with respect to the Company within
the meaning of the Securities Act and the applicable published rules and regulations thereunder. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(w) There are no transfer
taxes or other similar fees or charges under Federal law or the laws of any state, or any political subdivision thereof, required to be paid in connection with the execution and delivery of this Agreement or the issuance by the Company or sale by
the Company of the Securities. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(x) No stamp or registration duties, transfer taxes (including the financial transaction
tax set out in Article 235 <I>ter</I> ZD of the French <I>Code g&eacute;n&eacute;ral des imp&ocirc;ts</I>) or similar duties or taxes (other than (i)&nbsp;the fixed rate duty (<I>droit fixe</I>) due in case of voluntary registration of this
Agreement, the <FONT STYLE="white-space:nowrap">non-payment</FONT> of which shall not affect the validity of this Agreement<I> </I>and (ii)&nbsp;the applicable &#147;<I>redevances</I>&#148; due to the <I>Autorit&eacute; des march&eacute;s financiers
</I>and fees payable to Euronext which will be paid by the Company) arising under the laws of France is payable by, or on behalf of, the Representatives in connection with the Offering or the execution or performance of this Agreement with respect
to the Offering (in each case to the extent that no deed evidencing or referring to the sale of the Securities is executed). No registration duties (<I>droits d&#146;enregistrement</I>) would apply in case of such subsequent transfer of ownership of
the Securities where no deed evidencing or referring to such transfer is executed. For the avoidance of doubt, the payment of commissions and fees pursuant to this Agreement are subject to applicable French tax law (including those relating to value
added tax where applicable). For the purposes of this Agreement, &#147;VAT&#148; means value added tax chargeable under or pursuant to Council Directive 2006/112/EC or the Sixth Council Directive of the European Communities. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">8 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(y) All material United States federal income tax returns of the Company and
its Subsidiaries required by law to be filed have been filed and all taxes shown by such returns or otherwise assessed, which are due and payable, have been paid, after giving effect to any applicable extensions, except assessments against which
appeals have been or will be promptly taken and as to which adequate reserves have been provided. The Company and its Subsidiaries have filed all other tax returns that are required to have been filed by them pursuant to applicable foreign, state,
local or other law except insofar as the failure to file such returns would not, singly or in the aggregate, reasonably be expected to result in a Material Adverse Effect, and have paid all material taxes due pursuant to such returns or pursuant to
any assessment received by the Company and its Subsidiaries, except for such taxes, if any, as are being contested in good faith and as to which adequate reserves have been established by the Company. The charges, accruals and reserves on the books
of the Company in respect of any income and corporation tax liability for any years not finally determined are adequate to meet any assessments or <FONT STYLE="white-space:nowrap">re-assessments</FONT> for additional income tax for any years not
finally determined, except to the extent of any inadequacy that would not, singly or in the aggregate, reasonably be expected to result in a Material Adverse Effect. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(z) No labor dispute with the employees of the Company or any of its Subsidiaries exists or, to the knowledge of the Company,
is threatened or imminent, which would, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(aa) The Company and its Subsidiaries carry or are entitled to the benefits of insurance, with reputable insurers, in such
amounts and covering such risks as the Company believes are commercially reasonable for the conduct of its business, and all such insurance is in full force and effect, except as would not reasonably be expected to result in a Material Adverse
Effect. The Company has no reason to believe that it or any of its Subsidiaries will not be able (i)&nbsp;to renew its existing insurance coverage as and when such policies expire or (ii)&nbsp;to obtain comparable coverage from similar institutions
as may be necessary or appropriate to conduct its business as now conducted and at a cost that would not reasonably be expected to result in a Material Adverse Effect. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(bb) The Company and its Subsidiaries possess all licenses, certificates, permits and other authorizations issued by all
applicable authorities necessary to conduct their respective businesses, except where the failure to so possess would not, singly or in the aggregate, reasonably be expected to result in a Material Adverse Effect, and neither the Company nor any
such Subsidiary has received any notice of proceedings relating to the revocation or modification of any such certificate, authorization or permit which, singly or in the aggregate, if the subject of an unfavorable decision, ruling or finding, would
reasonably be expected to have a Material Adverse Effect. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(cc) The Company and each of its Subsidiaries maintain a system
of internal accounting controls sufficient to provide reasonable assurance that (i)&nbsp;transactions are executed in accordance with management&#146;s general or specific authorizations; (ii)&nbsp;transactions are recorded as necessary to permit
preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">9 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">
accountability; (iii)&nbsp;access to assets is permitted only in accordance with management&#146;s general or specific authorization; (iv)&nbsp;the recorded accountability for assets is compared
with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences; and (v)&nbsp;the interactive data in XBRL included or incorporated by reference in the Registration Statement, the Preliminary
Prospectus and the Final Prospectus is in compliance with the SEC&#146;s published rules, regulations and guidelines applicable thereto. The Company and its Subsidiaries&#146; internal controls over financial reporting are reasonably effective to
perform the functions for which they were established and the Company and its Subsidiaries are not aware of any material weakness in their internal controls over financial reporting. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(dd) The Company maintain &#147;disclosure controls and procedures&#148; (as such term is defined in Rule <FONT
STYLE="white-space:nowrap">13a-15(e)</FONT> under the Exchange Act); such disclosure controls and procedures are reasonably effective to perform the functions for which they were established. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ee) The Company has not taken, directly or indirectly, any action designed to or that would constitute or that might
reasonably be expected to cause or result in, under the Exchange Act or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Securities. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ff) The Company has not, directly or indirectly, in relation to the Offering, done any act or engaged in any course of conduct
in breach of the provisions of Regulation (EU) no 596/2014 of the European Parliament and of the Council of April&nbsp;16, 2014 on market abuse (the &#147;<U>Market Abuse Regulation</U>&#148;). </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(gg) Except as set forth in or contemplated in the Disclosure Package and the Final Prospectus (exclusive of any amendment or
supplement thereto) or would not, singly or in the aggregate, reasonably be expected to result in a Material Adverse Effect, (i)&nbsp;neither the Company nor any of its subsidiaries is in violation of any applicable federal, state, local or foreign
statute, law, rule, regulation, ordinance, code, policy or rule of common law, including without limitation any judicial or administrative order, consent, decree or judgment, relating to pollution, contamination or protection of human health, the
environment (including, without limitation, ambient air, surface water, groundwater, land surface or subsurface strata) or wildlife, including, without limitation, laws and regulations relating to the release or threatened release of hazardous or
toxic chemicals, pollutants, contaminants, wastes, materials or substances including, without limitation, petroleum or petroleum products, asbestos-containing materials or mold (collectively, &#147;<U>Hazardous Materials</U>&#148;) or relating to
the manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling of Hazardous Materials (collectively, &#147;<U>Environmental Laws</U>&#148;); (ii) the Company and its subsidiaries have all permits, authorizations
and approvals required under any applicable Environmental Laws and are each in compliance with their requirements; (iii)&nbsp;there are no pending or, to the knowledge of the Company, threatened administrative, regulatory or judicial actions, suits,
demands, demand letters, claims, liens, notices of noncompliance or violation, investigation or proceedings relating to any Environmental Law against or affecting the Company or any of its subsidiaries; and (iv)&nbsp;to the knowledge of the Company,
there are no events or circumstances that would reasonably be expected to form the basis of an order for <FONT STYLE="white-space:nowrap">clean-up</FONT> or remediation, or a claim, action, suit or proceeding by any private party or Governmental
Entity, against or affecting the Company or any of its subsidiaries relating to Hazardous Materials or any Environmental Laws. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">10 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(hh) There Company and its directors or officers, in their capacities as
such, are in compliance with the applicable provisions of the Sarbanes-Oxley Act of 2002, as amended, and the rules and regulations promulgated in connection thereunder, that are currently in effect. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii)&nbsp;(i) None of the Company, any of its subsidiaries or any director thereof, or to the knowledge of the Company, any
officer or employee thereof or any controlled affiliate, agent or other representative acting on behalf of the Company or any of its subsidiaries, has taken any action, directly or indirectly, that would result in a violation by such persons of the
Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder (the &#147;<U>FCPA</U>&#148;), the U.K. Bribery Act 2010 (the &#147;<U>UKBA</U>&#148;) or French law no. 2016-1691 dated December&nbsp;9, 2016 (known as the
&#147;<U>Sapin II Law</U>&#148;), each as may be amended, or similar law of any other relevant jurisdiction, or the rules or regulations thereunder, including, without limitation, making use of the mails or any means or instrumentality of interstate
commerce corruptly in furtherance of an offer, payment, promise to pay or authorization of the payment of any money, or other property, gift, promise to give, or authorization of the giving of anything of value to any &#147;foreign official&#148;
(as such term is defined in the FCPA) or any foreign political party or official thereof or any candidate for foreign political office, in contravention of the FCPA, the UKBA, the Sapin II Law or any other applicable anti-corruption law;
(ii)&nbsp;the Company and its subsidiaries and, to the knowledge of the Company, its affiliates, have conducted their businesses in compliance with the FCPA, the UKBA and the Sapin II Law and all other applicable anti-corruption laws and have
instituted, and maintain and enforce, policies and procedures designed to ensure continued compliance therewith; and (iii)&nbsp;neither the Company nor its subsidiaries will use, directly or indirectly, the proceeds of the Offering in furtherance of
an offer, payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any person in violation of the FCPA, the UKBA, the Sapin II Law and all other applicable anti-corruption laws. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(jj) The operations of the Company and its subsidiaries are and have been conducted at all times in compliance with all
applicable financial recordkeeping and reporting requirements, including those of the Currency and Foreign Transactions Reporting Act of 1970, as amended, the Bank Secrecy Act, as amended by the USA Patriot Act (Title III of Pub. L. <FONT
STYLE="white-space:nowrap">107-56</FONT> (signed into law October&nbsp;26, 2001)), and the applicable money laundering statutes of all jurisdictions, the rules and regulations thereunder and any related or similar rules, regulations or guidelines,
issued, administered or enforced by any Governmental Entity (collectively, the &#147;<U>Money Laundering Laws</U>&#148;); and no action, suit or proceeding by or before any Governmental Entity involving the Company or any of its subsidiaries with
respect to the Money Laundering Laws is pending or, to the knowledge of the Company, threatened. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">11 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(kk)&nbsp;(i) None of the Company, any of its subsidiaries, any director or,
to the knowledge of the Company, any officer or employee thereof, any agent, controlled affiliate or representative of the Company or any of its subsidiaries is an individual or entity (&#147;<U>Person</U>&#148;) that is currently the subject or
target of any sanctions administered or enforced by the United States Government, including, without limitation, the U.S. Department of the Treasury&#146;s Office of Foreign Assets Control or the U.S. Department of State, or sanctions administered
or enforced by the United Nations Security Council, the European Union, or His Majesty&#146;s Treasury, or other relevant sanctions authority (collectively, &#147;<U>Sanctions</U>&#148;), nor is the Company or any subsidiary located, organized or
resident in a country or territory that is the subject or target of Sanctions, including, without limitation, Russia, the <FONT STYLE="white-space:nowrap">so-called</FONT> Donetsk People&#146;s Republic, the
<FONT STYLE="white-space:nowrap">so-called</FONT> Luhansk People&#146;s Republic or any other Covered Region of Ukraine identified pursuant to Executive Order 14065, the Crimea region of Ukraine, Cuba, Iran, North Korea and Syria. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) The Company will not, directly or indirectly, use the proceeds of the Offering, or lend, contribute or otherwise make
available such proceeds to any subsidiary, joint venture partner or other Person: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:18%; font-size:10pt; font-family:Times New Roman">(A) to fund or facilitate any activities or business of
or with any Person or in any country, region or territory that, at the time of such funding or facilitation, is the subject of Sanctions; except to the extent permitted for a Person required to comply with Sanctions; or </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:18%; font-size:10pt; font-family:Times New Roman">(B) in any other manner that would result in a violation of Sanctions by any Person (including any Person participating in the offering,
whether as initial purchaser, underwriter, advisor, investor or otherwise). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) For the past five years, except as would
not result in a violation of Sanctions by any Person, the Company and its subsidiaries have not to their knowledge engaged in, are not now to their knowledge engaged in, and will not engage in, any dealings or transactions with any Person, or in any
country or territory, that at the time of the dealing or transaction is or was the subject of Sanctions. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ll) The only
subsidiaries of the Company are (i)&nbsp;the subsidiaries listed on Exhibit 21.1 to the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the year ended June&nbsp;30, 2023 and (ii)&nbsp;certain other subsidiaries
which, considered in the aggregate as a single subsidiary, do not constitute a &#147;significant subsidiary&#148; as defined in Rule <FONT STYLE="white-space:nowrap">1-02</FONT> of Regulation <FONT STYLE="white-space:nowrap">S-X.</FONT> </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(mm) The Company and its Subsidiaries own or possess, or can acquire on reasonable terms, adequate patents, patent rights,
licenses, inventions, copyrights, <FONT STYLE="white-space:nowrap">know-how</FONT> (including trade secrets and other unpatented and/or unpatentable proprietary or confidential information, systems or procedures), trademarks, service marks, trade
names or other intellectual property (collectively, &#147;<U>Intellectual Property</U>&#148;) necessary to carry on </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">12 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">
the business now operated by them, and neither the Company nor any of its Subsidiaries has received any notice or has knowledge of any infringement of or conflict with asserted rights of others
with respect to any Intellectual Property or of any facts or circumstances which would render any Intellectual Property invalid or unenforceable, and which infringement or conflict (if the subject of any unfavorable decision, ruling or finding) or
invalidity or unenforceability, singly or in the aggregate, would reasonably be expected to result in a Material Adverse Effect. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(nn) The Company&#146;s and its subsidiaries&#146; information technology assets and equipment, computers, systems, networks,
hardware, software, websites, applications and databases (collectively, &#147;<U>IT Systems</U>&#148;) are adequate for, and operate and perform in all material respects as required in connection with the operation of the business of the Company and
its subsidiaries as currently conducted, free and clear of all material bugs, errors, defects, Trojan horses, time bombs, malware and other corruptants. The Company and its subsidiaries have implemented and maintained commercially reasonable
controls, policies, procedures and safeguards to maintain and protect their material confidential information and the integrity, continuous operation, redundancy and security of all IT Systems and data (including all personal, personally
identifiable, sensitive, confidential or regulated data (&#147;<U>Personal Data</U>&#148;)) used in connection with their businesses, and neither the Company nor its subsidiaries have been notified, and each of them has no knowledge of, any event
that could result in a material breach, violation, outage or unauthorized use of or accesses to same, except for those that have been remedied without material cost or liability or the duty to notify any other person, nor any incidents under
internal review or investigations relating to the same.&#8195;The Company and its subsidiaries are presently in material compliance with all applicable laws or statutes and all judgments, orders, rules and regulations of any court or arbitrator or
governmental or regulatory authority, internal policies and contractual obligations relating to the privacy and security of IT Systems and Personal Data and to the protection of such IT Systems and Personal Data from unauthorized use, access,
misappropriation or modification. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(oo) Except as disclosed in the Registration Statement, the Disclosure Package and the
Final Prospectus, the Company does not intend to use any of the proceeds from the sale of the Securities hereunder to repay any outstanding debt owed to any affiliate of Underwriters. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Any certificate signed by any officer of the Company and delivered to the Representatives or counsel for the Underwriters in connection with
the offering of the Securities shall be deemed a representation and warranty by the Company, as to matters covered thereby, to each Underwriter. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">2. <U>Purchase and Sale</U>. Subject to the terms and conditions and in reliance upon the representations and warranties herein set forth, the
Company agrees to issue and sell to each Underwriter, and each Underwriter agrees, severally and not jointly, to purchase from the Company, at the purchase price of $10.4976 per share (or &#128;9.9922 per share, determined based on the EUR/USD rate
of $1.0509 per euro, as published by Bloomberg BFIX on September&nbsp;28, 2023), the respective number of Securities set forth opposite such Underwriter&#146;s name in Schedule&nbsp;II hereto. At or about the time of signing of this Agreement, the
Representatives will notify the Company in writing of the split between allocations of Securities settled in Euros (the &#147;<U>Euro Securities</U>&#148;) and Dollars (the &#147;<U>USD Securities</U>&#148;), respectively. The Company will not be
obligated to deliver any of the Securities except upon payment for all the Shares to be purchased as provided herein. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">13 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">3. <U>Delivery and Payment</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Delivery of and payment for the Securities shall be made on the date and at the time specified in Schedule&nbsp;I hereto,
which date and time may be postponed by agreement between the Representatives and the Company or as provided in Section&nbsp;9 hereof (such date and time of delivery and payment for the Securities being herein called the &#147;<U>Closing
Date</U>&#148;). As used herein, &#147;<U>Business Day</U>&#148; shall mean any day&nbsp;other than a Saturday, a Sunday or a legal holiday or a day on which banking institutions or trust companies are authorized or obligated by law to close in New
York City or Paris. Delivery of the Securities shall be made to the Representatives for the respective accounts of the several Underwriters according to the number of Securities to be purchased by each Underwriter as specified in Schedule II,
against payment by the several Underwriters through the Representatives of the purchase price per share indicated in Section&nbsp;2 hereof to or upon the order of the Company by wire transfer payable in
<FONT STYLE="white-space:nowrap">same-day</FONT> funds to the account or accounts specified by the Company. Delivery of the Securities paid for in U.S. Dollars shall be made through the facilities of The Depository Trust Company
(&#147;<U>DTC</U>&#148;); delivery of the Securities paid for in Euros shall in turn be made through the facilities of Euroclear France SA, Euroclear Bank SA/NV and Clearstream Banking as participants in DTC (each, a &#147;<U>book-entry
facility</U>&#148;), in accordance with the respective book-entry facility&#146;s normal rules and operating procedures, in each case unless the Representatives shall otherwise instruct. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) On the date hereof, Uptevia as settlement agent (the &#147;<U>Settlement Agent</U>&#148;) for the Securities to be traded
on Euronext Paris, will instruct the book-entry facilities to prepare for the benefit of Computershare Trust Company, N.A. (the &#147;<U>Transfer Agent</U>&#148;) instructions to effect Deposit or Withdrawal at Custodian (&#147;<U>DWAC</U>&#148;) in
relation to the Securities through DTC, and the book-entry facilities shall submit all required DWACs to the Transfer Agent no later than one business day prior to the Closing Date, together with all documentation that may reasonably be requested by
the Transfer Agent. The Company shall timely provide the Transfer Agent and Settlement Agent with all documents required by them in order to give effect to the DWACs in accordance with the instructions and operating procedures of DTC. The Euro
Securities to be traded on Euronext Paris shall be received by the book-entry facilities for delivery to the Settlement Agent no later than 16:00 CET/ 10:00 AM&nbsp;EST on the business day before the Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">4. <U>Offering by Underwriters</U>. It is understood that the several Underwriters propose to offer the Securities for sale as set forth in
the Final Prospectus. The Company acknowledges and agrees that the Underwriters may offer and sell Securities to or through any affiliate of an Underwriter and that any such affiliate may offer and sell Securities purchased by it to or through any
Underwriter, it being specified that each Underwriter that is not a registered broker-dealer under the Exchange Act will either effect offers and sales of the Securities solely outside of the United States to
<FONT STYLE="white-space:nowrap">non-U.S.</FONT> investors or, if within the United States or to U.S. investors, through one or more <FONT STYLE="white-space:nowrap">SEC-registered</FONT> broker-dealers or as otherwise permitted by applicable law,
including but not limited to Rule <FONT STYLE="white-space:nowrap">15a-6</FONT> under the Exchange Act. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">14 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">5. <U>Agreements</U>. The Company agrees with the several Underwriters that: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Prior to the termination of the offering of the Securities, the Company will not file any amendment of the Registration
Statement or supplement (including the Final Prospectus or any Preliminary Prospectus) to the Base Prospectus (other than reports and other documents required to be filed in satisfaction of the Company&#146;s reporting obligations under the Exchange
Act that are not primarily related to the offering of the Securities) unless the Company has furnished you a copy for your review prior to filing and will not file any such proposed amendment or supplement to which you reasonably object. The Company
will cause the Final Prospectus, properly completed, and any supplement thereto to be filed in a form approved by the Representatives with the SEC pursuant to the applicable paragraph of Rule&nbsp;424(b) within the time period prescribed and will
provide evidence satisfactory to the Representatives of such timely filing. The Company will promptly advise the Representatives (i)&nbsp;when the Final Prospectus, and any supplement thereto, shall have been filed (if required) with the SEC
pursuant to Rule&nbsp;424(b), (ii)&nbsp;when, prior to termination of the offering of the Securities, any amendment to the Registration Statement shall have been filed or become effective, (iii)&nbsp;of any request by the SEC or its staff for any
amendment of the Registration Statement, or any Rule&nbsp;462(b) Registration Statement, or for any supplement to the Final Prospectus or for any additional information, (iv)&nbsp;of the issuance by the SEC of any stop order suspending the
effectiveness of the Registration Statement or of any notice objecting to its use or the institution or threatening of any proceeding for that purpose and (v)&nbsp;of the receipt by the Company of any notification with respect to the suspension of
the qualification of the Securities for sale in any jurisdiction or the institution or threatening of any proceeding for such purpose. The Company will use its best efforts to prevent the issuance of any such stop order or the occurrence of any such
suspension or objection to the use of the Registration Statement and, upon such issuance, occurrence or notice of objection, to obtain as soon as possible the withdrawal of such stop order or relief from such occurrence or objection, including, if
necessary, by filing an amendment to the Registration Statement or a new registration statement and using its best efforts to have such amendment or new registration statement declared effective as soon as practicable. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) If, at any time prior to the filing of the Final Prospectus pursuant to Rule 424(b), any event occurs as a result of which
the Disclosure Package would include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein in the light of the circumstances under which they were made or the circumstances then
prevailing not misleading, the Company will (i)&nbsp;notify promptly the Representatives so that any use of the Disclosure Package may cease until it is amended or supplemented; (ii)&nbsp;amend or supplement the Disclosure Package to correct such
statement or omission; and (iii)&nbsp;supply any amendment or supplement to you in such quantities as you may reasonably request. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">15 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) If, at any time between the Listing Prospectus Approval and the Closing
Date, any event occurs as a result of which the Listing Prospectus would include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein in the light of the circumstances under
which they were made or the circumstances then prevailing not misleading, the Company will file with the AMF the necessary amendments or supplements to the Listing Prospectus to correct such statement or omission. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) If, at any time when a prospectus relating to the Securities is required to be delivered under the Securities Act
(including in circumstances where such requirement may be satisfied pursuant to Rule 172), any event occurs as a result of which the Final Prospectus as then supplemented would include any untrue statement of a material fact or omit to state any
material fact necessary in order to make the statements therein in the light of the circumstances under which they were made or the circumstances then prevailing not misleading, or if it shall be necessary to amend the Registration Statement, file a
new registration statement or supplement the Final Prospectus to comply with the Securities Act or the Exchange Act or the respective rules thereunder, including in connection with use or delivery of the Final Prospectus, the Company promptly will
(i)&nbsp;notify the Representatives of any such event, (ii)&nbsp;prepare and file with the SEC, subject to the second sentence of paragraph (a)&nbsp;of this Section&nbsp;5, an amendment or supplement or new registration statement which will correct
such statement or omission or effect such compliance, (iii)&nbsp;use its best efforts to have any amendment to the Registration Statement or new registration statement declared effective as soon as practicable in order to avoid any disruption in use
of the Final Prospectus and (iv)&nbsp;supply any supplemented Final Prospectus to you in such quantities as you may reasonably request. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) As soon as practicable, the Company will make generally available to its security holders and to the Representatives an
earnings statement or statements of the Company and its subsidiaries which will satisfy the provisions of Section&nbsp;11(a) of the Securities Act and Rule 158 under the Securities Act. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) The Company will furnish to the Representatives and counsel for the Underwriters, without charge, signed copies of the
Registration Statement (including exhibits thereto) and to each other Underwriter a copy of the Registration Statement (without exhibits thereto) and, so long as delivery of a prospectus by an Underwriter or dealer may be required by the Securities
Act (including in circumstances where such requirement may be satisfied pursuant to Rule 172), as many copies of each Preliminary Prospectus, the Final Prospectus and each Issuer Free Writing Prospectus and any supplement thereto as the
Representatives may reasonably request. The Company will pay the expenses of printing or other production of all documents relating to the offering. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) The Company will arrange, if necessary, for the qualification of the Securities for sale under the laws of such
jurisdictions as the Representatives may designate and will maintain such qualifications in effect so long as required for the distribution of the Securities; provided that in no event shall the Company be obligated to (x)&nbsp;qualify to do
business in any jurisdiction where it is not now so qualified, (y)&nbsp;take any action that would subject it to service of process in suits, other than those arising out of the offering or sale of the Securities, in any jurisdiction where it is not
now so subject or (z)&nbsp;subject itself to taxation in respect of doing business in any jurisdiction in which it is not otherwise so subject. </P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">16 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) The Company will not, without the prior written consent of the
Representatives, offer, sell, contract to sell, pledge, or otherwise dispose of, (or enter into any transaction which is designed to, or might reasonably be expected to, result in the disposition (whether by actual disposition or effective economic
disposition due to cash settlement or otherwise) by the Company&nbsp;or any affiliate of the Company or any person in privity with the Company or any affiliate of the Company) directly or indirectly, including the filing (or participation in the
filing) of a registration statement with the SEC in respect of, or establish or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section&nbsp;16 of the Exchange Act, any other shares of
Common Stock or any securities convertible into, or exercisable for, shares of Common Stock, or publicly announce an intention to effect any such transaction, until 180 days after the date of this Agreement; <U>provided</U>, <U>however</U>, that the
foregoing restrictions do not apply to (i)&nbsp;the issuance of shares of Common Stock or securities convertible into or exercisable for shares of Common Stock pursuant to the conversion or exchange of convertible or exchangeable securities or the
exercise of warrants or options (including any &#147;net&#148; or &#147;cashless&#148; exercise) or the settlement of RSUs (including any &#147;net&#148; or &#147;cashless&#148; settlement), in each case outstanding on the date of this Agreement and
described in the Final Prospectus, (ii)&nbsp;grants of stock options, stock awards, restricted stock, RSUs, or other equity awards and the issuance of shares of Common Stock or securities convertible into or exercisable or exchangeable for shares of
Common Stock (whether upon the exercise of stock options or otherwise) to the Company&#146;s employees, officers, directors, advisors, or consultants pursuant to the terms of an equity compensation plan in effect as of the Closing Date and described
in the Final Prospectus, (iii)&nbsp;facilitating the establishment of a trading plan on behalf of a shareholder, officer or director of the Company pursuant to Rule <FONT STYLE="white-space:nowrap">10b5-1</FONT> under the Exchange Act for the
transfer of shares of Common Stock, provided that (1)&nbsp;such plan does not provide for the transfer of Stock during such <FONT STYLE="white-space:nowrap">180-day</FONT> period and (2)&nbsp;to the extent a public announcement or filing under the
Exchange Act, if any, is required of or voluntarily made by the Company regarding the establishment of such plan, such announcement or filing shall include a statement to the effect that no transfer of Common Stock may be made under such plan during
such <FONT STYLE="white-space:nowrap">180-day</FONT> period and (iv)&nbsp;the issuance by the Company of shares of Common Stock or securities convertible into, exchangeable for or that represent the right to receive shares of Common Stock in
connection with (1)&nbsp;the acquisition by the Company or any of its subsidiaries of the securities, business, technology, property or other assets of another person or entity or pursuant to an employee benefit plan assumed by the Company in
connection with such acquisition, and the issuance of any such securities pursuant to any such agreement, or (2)&nbsp;the Company&#146;s joint ventures, commercial relationships and other strategic transactions, provided the aggregate number of
shares of Common Stock that the Company may sell or issue or agree to sell or issue pursuant to this clause (v)&nbsp;shall not exceed 5% of the total number of shares of Common Stock outstanding immediately following the offering of the Common
Shares contemplated by this Agreement. For the avoidance of doubt, the restrictions set forth herein shall not in any way restrict the ability of the Company to settle any of its Total Return Swaps as defined and in the manner described in the Final
Prospectus. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">17 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) The Company will not take, directly or indirectly, any action designed
to or that would constitute or that might reasonably be expected to cause or result in, under the Exchange Act or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the
Securities. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) The Company will not take, directly or indirectly, any action or engage in any course of conduct that
would constitute or that might reasonably be expected to cause or result in any breach of the Market Abuse Regulation. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k)
The Company agrees to pay the costs and expenses relating to the following matters: (i)&nbsp;the preparation, printing or reproduction and filing with the SEC of the Registration Statement (including financial statements and exhibits thereto), each
Preliminary Prospectus, the Final Prospectus and each Issuer Free Writing Prospectus, and each amendment or supplement to any of them; (ii)&nbsp;the printing (or reproduction) and delivery (including postage, air freight charges and charges for
counting and packaging) of such copies of the Registration Statement, each Preliminary Prospectus, the Final Prospectus and each Issuer Free Writing Prospectus, and all amendments or supplements to any of them, as may, in each case, be reasonably
requested for use in connection with the offering and sale of the Securities; (iii)&nbsp;the preparation, printing, authentication, issuance and delivery of certificates for the Securities, including any stamp or transfer taxes in connection with
the original issuance and sale of the Securities; (iv)&nbsp;the printing (or reproduction) and delivery of this Agreement, any blue sky memorandum and all other agreements or documents printed (or reproduced) and delivered in connection with the
offering of the Securities; (v)&nbsp;the registration of the Securities under the Exchange Act and the listing of the Securities on the NYSE; (vi)&nbsp;any registration or qualification of the Securities for offer and sale under the securities or
blue sky laws of the several states (including filing fees and the reasonable fees and expenses of counsel for the Underwriters relating to such registration and qualification); (vii)&nbsp;any filings required to be made with the Financial Industry
Regulatory Authority, Inc. (including filing fees and the reasonable and documented fees and expenses of counsel for the Underwriters relating to such filings); (viii)&nbsp;the transportation and other expenses incurred by or on behalf of Company
representatives in connection with presentations to prospective purchasers of the Securities; (ix)&nbsp;the fees and expenses of the Company&#146;s accountants and the fees and expenses of counsel (including local and special counsel) for the
Company; (x)&nbsp;the fees and expenses relating to the transfer and settlement of the Securities, including any and all fees of the Settlement Agent, the Transfer Agent and the book-entry facilities; and (xi)&nbsp;all other costs and expenses
incident to the performance by the Company of its obligations hereunder. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l) The Company will comply in each country or
territory with the applicable selling restrictions related to the Offering as set forth in the Preliminary Prospectus and the Final Prospectus. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">18 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(m) The Company agrees that, unless it has or shall have obtained the prior
written consent of the Representatives, and each Underwriter, severally and not jointly, agrees with the Company that, unless it has or shall have obtained, as the case may be, the prior written consent of the Company, it has not made and will not
make any offer relating to the Securities that would constitute an Issuer Free Writing Prospectus or that would otherwise constitute a Free Writing Prospectus required to be filed by the Company with the SEC or retained by the Company under Rule 433
under the Securities Act (&#147;<U>Rule 433</U>&#148;); provided that the prior written consent of the parties hereto shall be deemed to have been given in respect of any Free Writing Prospectuses included in Schedule III hereto and any electronic
road show. Any such free writing prospectus consented to by the Representatives or the Company is hereinafter referred to as a &#147;<U>Permitted Free Writing Prospectus</U>.&#148; The Company agrees that (x)&nbsp;it has treated and will treat, as
the case may be, each Permitted Free Writing Prospectus as an Issuer Free Writing Prospectus and (y)&nbsp;it has complied and will comply, as the case may be, with the requirements of Rule 164 under the Securities Act (&#147;<U>Rule 164</U>&#148;)
and Rule 433 applicable to any Permitted Free Writing Prospectus, including in respect of timely filing with the SEC, legending and record keeping. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">6. <U>Conditions to the Obligations of the Underwriters</U>. The obligations of the Underwriters to purchase the Securities shall be subject
to the accuracy of the representations and warranties on the part of the Company contained herein as of the Execution Time and the Closing Date pursuant to Section&nbsp;3 hereof, to the accuracy of the statements of the Company made in any
certificates pursuant to the provisions hereof, to the performance by the Company of its obligations hereunder and to the following additional conditions: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) The Final Prospectus, and any supplement thereto, have been filed in the manner and within the time period required by
Rule&nbsp;424(b); any other material required to be filed by the Company pursuant to Rule 433(d) shall have been filed with the SEC within the applicable time periods prescribed for such filings by Rule 433; and no stop order suspending the
effectiveness of the Registration Statement or any notice objecting to its use shall have been issued and no proceedings for that purpose shall have been instituted or threatened. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) The AMF has approved the Listing Prospectus and such approval is in full force and effect. No order suspending the
effectiveness of the Listing Prospectus has been issued by the AMF, nor has, to the Company&#146;s knowledge, any challenge to the Listing Prospectus or the filing with the AMF been filed with any court. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) The Company shall have requested and caused Skadden, Arps, Slate, Meagher&nbsp;&amp; Flom LLP, counsel for the Company as
to US law, to have furnished to the Representatives their opinion, dated the Closing Date and addressed to the Representatives, regarding matters as the Representatives may reasonably require. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">19 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) The Company shall have requested and caused (i)&nbsp;McDermott
Will&nbsp;&amp; Emery LLP, U.S. tax counsel for the Company, to have furnished to the Representatives their opinion, dated the Closing Date and addressed to the Representatives, to the effect that the statements incorporated by reference in the
Preliminary Prospectus and the Final Prospectus under the heading &#147;Material United States Federal Income Tax Considerations&#148; and under the heading &#147;Tax Considerations&#148; in the Listing Prospectus fairly summarize the matters
therein described and (ii)&nbsp;McDermott Will&nbsp;&amp; Emery AARPI, French tax counsel for the Company, to have furnished to the Representatives their opinion, dated the Closing Date and addressed to the Representatives, to the effect that the
statements incorporated by reference in the Listing Prospectus under the heading &#147;Tax Considerations&#148; (as relates to matters of French tax law) fairly summarize the matters therein described. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) The Company shall have requested and caused BDGS Associ&eacute;s A.A.R.P.I., counsel for the Company as to French law, to
have furnished to the Representatives their opinion, dated the Closing Date and addressed to the Representatives, to the effect that other than the Listing Prospectus Approval, no regulatory authorizations are necessary for the Paris Listing; and
other matters as the Representatives may reasonably require. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) The Representatives shall have received from&nbsp;Cleary
Gottlieb Steen&nbsp;&amp; Hamilton LLP, counsel for the Underwriters, such opinion or opinions, dated the Closing Date and addressed to the Representatives, with respect to the issuance and sale of the Securities, the Registration Statement, the
Disclosure Package, the Final Prospectus (together with any supplement thereto) and other related matters as the Representatives may reasonably require, and the Company shall have furnished to such counsel such documents as they request for the
purpose of enabling them to pass upon such matters. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) The Company shall have furnished to the Representatives a
certificate of the Company, signed by the Chief Financial Officer of the Company, dated the Closing Date, regarding matters as the Representatives may reasonably require, including to the effect that the signers of such certificate have carefully
examined the Registration Statement, the Disclosure Package and the Final Prospectus and any amendments or supplements thereto, as well as each electronic road show used in connection with the offering of the Securities, and this Agreement and that:
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) the representations and warranties of the Company in this Agreement are true and correct on and as of the Closing Date
with the same effect as if made on the Closing Date and the Company has complied with all the agreements and satisfied all the conditions on its part to be performed or satisfied at or prior to the Closing Date; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) no stop order suspending the effectiveness of the Registration Statement or any notice objecting to its use has been
issued and no proceedings for that purpose have been instituted or, to the Company&#146;s knowledge, threatened; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii)
since the date of the most recent financial statements included or incorporated by reference in the Disclosure Package and the Final Prospectus (exclusive of any amendment or supplement thereto), there has been no material adverse change in the
condition (financial or otherwise), prospects, earnings, business or properties of the Company and its subsidiaries, taken as a whole, whether or not arising from transactions in the ordinary course of business, except as set forth in or
contemplated in the Disclosure Package and the Final Prospectus (exclusive of any amendment or supplement thereto). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">20 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) The Company shall have requested and caused&nbsp;Deloitte&nbsp;&amp;
Touche LLP to have furnished to the Representatives, at the Execution Time and at the Closing Date, comfort letters, dated respectively as of the Execution Time and as of the Closing Date, in form and substance satisfactory to the Representatives;
<U>provided</U> that the comfort letter delivered on the Closing Date shall use a <FONT STYLE="white-space:nowrap">&#147;cut-off&#148;</FONT> date no more than three business days prior to such date. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) Subsequent to the Execution Time or, if earlier, the dates as of which information is given in the Registration Statement
(exclusive of any amendment thereof) and the Final Prospectus (exclusive of any supplement thereto), there shall not have been (i)&nbsp;any change or decrease specified in the letter or letters referred to in paragraph&nbsp;(e) of this
Section&nbsp;6 or (ii)&nbsp;any change, or any development involving a prospective change, in or affecting the condition (financial or otherwise), earnings, business or properties of the Company and its subsidiaries taken as a whole, whether or not
arising from transactions in the ordinary course of business, except as set forth in or contemplated in the Disclosure Package and the Final Prospectus (exclusive of any amendment or supplement thereto) the effect of which, in any case referred to
in clause&nbsp;(i) or (ii)&nbsp;above, is, in the sole judgment of the Representatives, so material and adverse as to make it impractical or inadvisable to proceed with the offering, delivery or listing of the Securities as contemplated by the
Registration Statement (exclusive of any amendment thereof), the Disclosure Package and the Final Prospectus (exclusive of any amendment or supplement thereto). </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) Prior to the Closing Date, the Company shall have furnished to the Representatives such further information, certificates
and documents as the Representatives may reasonably request. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k) Subsequent to the Execution Time, there shall not have
been any decrease in the rating of any of the Company&#146;s debt securities by any &#147;nationally recognized statistical rating organization&#148; (as defined for purposes of Rule 3(a)(62) under the Exchange Act) or any notice given of any
intended or potential decrease in any such rating or of a possible change in any such rating that does not indicate the direction of the possible change. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l) The Securities issued under the Registration Statement shall have been listed and admitted and authorized for trading on
each of the NYSE (including, to the extent required, by the preparation and filing of a supplemental listing application approved by the NYSE by the Effective Date) and Euronext Paris, the Company shall have otherwise taken all actions and made all
necessary filings with the NYSE and Euronext Paris to facilitate the transfer and trading of the Securities on the Closing Date, and satisfactory evidence of such actions shall have been provided to the Representatives. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">21 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(m) The Company shall have prepared and applied for the Securities to clear
through the facilities of DTC, Euroclear France, Euroclear Bank SA/NV and Clearstream Banking S.A., otherwise taken all necessary actions and submitted all required documents with such parties to facilitate the transfer and trading of the Securities
on the Closing Date, and satisfactory evidence of such actions shall have been provided to the Representatives. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If any of the conditions
specified in this Section&nbsp;6 shall not have been fulfilled when and as provided in this Agreement, or if any of the opinions and certificates mentioned above or elsewhere in this Agreement shall not be reasonably satisfactory in form and
substance to the Representatives and counsel for the Underwriters, this Agreement and all obligations of the Underwriters hereunder may be canceled at, or at any time prior to, the Closing Date by the Representatives. Notice of such cancellation
shall be given to the Company in writing or by telephone or facsimile confirmed in writing. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The documents required to be delivered by
this Section&nbsp;6 shall be delivered at the office of Cleary Gottlieb Steen&nbsp;&amp; Hamilton LLP, counsel for the Underwriters, at 12 rue de Tilsitt, Paris, France 75008, on the Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">7. <U>Reimbursement of Underwriters&#146; Expenses</U>. Irrespective of whether the sale of the Securities provided for herein is consummated
(and it not, for any reason&#151;including if any condition to the obligations of the Underwriters set forth in Section&nbsp;6 hereof is not satisfied, because of any termination pursuant to Section&nbsp;10 hereof or because of any refusal,
inability or failure on the part of the Company to perform any agreement herein or comply with any provision hereof or otherwise), the Company will reimburse the Underwriters severally through the Representatives on demand for all reasonable and
documented expenses (including reasonable and documented fees and disbursements of a single counsel) that shall have been incurred by them in connection with the proposed purchase and sale of the Securities. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">8. <U>Indemnification and Contribution</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) The Company agrees to indemnify and hold harmless each Underwriter, the directors, officers, employees, affiliates and
agents of each Underwriter and each person who controls any Underwriter within the meaning of either the Act or the Exchange Act against any and all losses, claims, damages or liabilities, joint or several, to which they or any of them may become
subject under the Act, the Exchange Act or other Federal or state statutory law or regulation, at common law or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon any
untrue statement or alleged untrue statement of a material fact contained in the registration statement for the registration of the Securities as originally filed or in any amendment thereof, or in the Base Prospectus, any Preliminary Prospectus or
any other preliminary prospectus supplement relating to the Securities, the Final Prospectus, the Listing Prospectus or any Issuer Free Writing Prospectus<B> </B>required to be prepared and filed pursuant to Section&nbsp;5(b) hereto, or in any
amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, and agrees to
reimburse each such indemnified party, as incurred, for any </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">22 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">
legal or other expenses reasonably incurred by them in connection with investigating or defending any such loss, claim, damage, liability or action; <U>provided</U>, <U>however</U>, that the
Company will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance
upon and in conformity with written information furnished to the Company by or on behalf of any Underwriter through the Representatives specifically for inclusion therein. This indemnity agreement will be in addition to any liability which the
Company may otherwise have. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) Each Underwriter severally and not jointly agrees to indemnify and hold harmless the
Company, each of its directors, each of its officers who signs the Registration Statement, and each person who controls the Company within the meaning of either the Securities Act or the Exchange Act, to the same extent as the foregoing indemnity
from the Company to each Underwriter, but only with reference to written information relating to such Underwriter furnished to the Company by or on behalf of such Underwriter through the Representatives specifically for inclusion in the documents
referred to in the foregoing indemnity. This indemnity agreement will be in addition to any liability which any Underwriter may otherwise have. The Company acknowledges that the statements set forth (x)&nbsp;in (i) the last paragraph of the cover
page regarding delivery of the Securities, (ii)&nbsp;the list of marketing names and the order of the Underwriters on the cover page and, under the heading &#147;Underwriting&#148;, (iii)&nbsp;the list of Underwriters and their respective
participation in the sale of the Securities and (iv)&nbsp;the fifth paragraph relating to sales of the Securities by broker-dealers in the Preliminary Prospectus and the Final Prospectus and (y)&nbsp;in the legal and marketing names of the
Underwriters and the Listing Agents in the Listing Prospectus constitute the only information furnished in writing by or on behalf of the several Underwriters for inclusion in the Preliminary Prospectus, the Final Prospectus, the Listing Prospectus
or any Issuer Free Writing Prospectus. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) Promptly after receipt by an indemnified party under this Section&nbsp;8 of
notice of the commencement of any action, such indemnified party will, if a claim in respect thereof is to be made against the indemnifying party under this Section&nbsp;8, notify the indemnifying party in writing of the commencement thereof; but
the failure so to notify the indemnifying party (i)&nbsp;will not relieve it from liability under paragraph&nbsp;(a) or&nbsp;(b) above unless and to the extent it did not otherwise learn of such action and such failure results in the forfeiture by
the indemnifying party of substantial rights and defenses and (ii)&nbsp;will not, in any event, relieve the indemnifying party from any obligations to any indemnified party other than the indemnification obligation provided in paragraph&nbsp;(a) or
(b)&nbsp;above. The indemnifying party shall be entitled to appoint counsel of the indemnifying party&#146;s choice at the indemnifying party&#146;s expense to represent the indemnified party in, and to participate in the defense of, any action for
which indemnification is sought (in which case the indemnifying party shall not thereafter be responsible for the fees and expenses of any separate counsel retained by the indemnified party or parties except as set forth below); <U>provided</U>,
<U>however</U>, that such counsel shall be satisfactory to the indemnified party. Notwithstanding the indemnifying party&#146;s election to appoint counsel to represent the indemnified party in an action, the indemnified party
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">23 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">
shall have the right to employ a single separate counsel (in addition to local counsel), and the indemnifying party shall bear the reasonable and documented fees, costs and expenses of such
separate counsel if (i)&nbsp;the use of counsel chosen by the indemnifying party to represent the indemnified party would present such counsel with a conflict of interest, (ii)&nbsp;the actual or potential defendants in, or targets of, any such
action include both the indemnified party and the indemnifying party and the indemnified party shall have reasonably concluded that there may be legal defenses available to it and/or other indemnified parties which are different from or additional
to those available to the indemnifying party, (iii)&nbsp;the indemnifying party shall not have employed counsel satisfactory to the indemnified party to represent the indemnified party within a reasonable time after notice of the institution of such
action or (iv)&nbsp;the indemnifying party shall authorize the indemnified party to employ separate counsel at the expense of the indemnifying party. An indemnifying party will not, without the prior written consent of the indemnified parties,
settle or compromise or consent to the entry of any judgment with respect to any pending or threatened claim, action, suit or proceeding in respect of which indemnification or contribution may be sought hereunder (whether or not the indemnified
parties are actual or potential parties to such claim or action) unless such settlement, compromise or consent (i)&nbsp;includes an unconditional release of each indemnified party from all liability arising out of such claim, action, suit or
proceeding and (ii)&nbsp;does not include a statement as to or an admission of fault, culpability or a failure to act, by or on behalf of any indemnified party. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) In the event that the indemnity provided in paragraph&nbsp;(a), (b) or (c)&nbsp;of this Section&nbsp;8 is unavailable to or
insufficient to hold harmless an indemnified party for any reason, the Company and the Underwriters severally agree to contribute to the aggregate losses, claims, damages and liabilities (including legal or other expenses reasonably incurred in
connection with investigating or defending the same) (collectively, &#147;<U>Losses</U>&#148;) to which the Company and one or more of the Underwriters may be subject in such proportion as is appropriate to reflect the relative benefits received by
the Company on the one hand and by the Underwriters on the other from the offering of the Securities. If the allocation provided by the immediately preceding sentence is unavailable for any reason, the Company and the Underwriters severally shall
contribute in such proportion as is appropriate to reflect not only such relative benefits but also the relative fault of the Company on the one hand and of the Underwriters on the other in connection with the statements or omissions which resulted
in such Losses as well as any other relevant equitable considerations. Benefits received by the Company shall be deemed to be equal to the total net proceeds from the offering (before deducting expenses) received by it, and benefits received by the
Underwriters shall be deemed to be equal to the total underwriting discounts and commissions, in each case as set forth on the cover page of the Final Prospectus. Relative fault shall be determined by reference to, among other things, whether any
untrue or any alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information provided by the Company on the one hand or the Underwriters on the other, the intent of the parties and
their relative knowledge, access to information and opportunity to correct or prevent such untrue statement or omission. The Company and the Underwriters agree that it would not be just and equitable if contribution were determined by pro rata
allocation or any other method of allocation which does not take account of the equitable </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">24 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">
considerations referred to above. Notwithstanding the provisions of this paragraph (d), in no event shall an Underwriter be required to contribute any amount in excess of the amount by which the
total underwriting discounts and commissions received by such Underwriter with respect to the offering of the Securities exceeds the amount of any damages that such Underwriter has otherwise been required to pay by reason of such untrue or alleged
untrue statement or omission or alleged omission. Notwithstanding the provisions of this paragraph&nbsp;(d), no person guilty of fraudulent misrepresentation (within the meaning of Section&nbsp;11(f) of the Securities Act) shall be entitled to
contribution from any person who was not guilty of such fraudulent misrepresentation. For purposes of this Section&nbsp;8, each person who controls an Underwriter within the meaning of either the Securities Act or the Exchange Act and each director,
officer, employee, affiliate and agent of an Underwriter shall have the same rights to contribution as such Underwriter, and each person who controls the Company within the meaning of either the Securities Act or the Exchange Act, each officer of
the Company who shall have signed the Registration Statement and each director of the Company shall have the same rights to contribution as the Company, subject in each case to the applicable terms and conditions of this paragraph&nbsp;(d). </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) For the avoidance of doubt, nothing in this Section&nbsp;8 shall be construed to limit or alter the rights or obligations
of the parties under the agreement appointing the Listing Agents in their role as such. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">9. <U>Default by an Underwriter</U>. If any one
or more Underwriters shall fail to purchase and pay for any of the Securities agreed to be purchased by such Underwriter or Underwriters hereunder and such failure to purchase shall constitute a default in the performance of its or their obligations
under this Agreement, the remaining Underwriters shall be obligated severally to take up and pay for (in the respective proportions which the amount of Securities set forth opposite their names in Schedule&nbsp;II hereto bears to the aggregate
amount of Securities set forth opposite the names of all the remaining Underwriters) the Securities which the defaulting Underwriter or Underwriters agreed but failed to purchase; <U>provided</U>, <U>however</U>, that in the event that the aggregate
amount of Securities which the defaulting Underwriter or Underwriters agreed but failed to purchase shall exceed 10% of the aggregate amount of Securities set forth in Schedule&nbsp;II hereto, the remaining Underwriters shall have the right to
purchase all, but shall not be under any obligation to purchase any, of the Securities, and if such <FONT STYLE="white-space:nowrap">non-defaulting</FONT> Underwriters do not purchase all the Securities, this Agreement will terminate without
liability to any <FONT STYLE="white-space:nowrap">non-defaulting</FONT> Underwriter or the Company. In the event of a default by any Underwriter as set forth in this Section&nbsp;9, the Closing Date shall be postponed for such period, not exceeding
five Business Days, as the Representatives shall determine in order that the required changes in the Registration Statement and the Final Prospectus or in any other documents or arrangements may be effected. Nothing contained in this Agreement shall
relieve any defaulting Underwriter of its liability, if any, to the Company and any <FONT STYLE="white-space:nowrap">non-defaulting</FONT> Underwriter for damages occasioned by its default hereunder. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">25 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">10. <U>Termination</U>. This Agreement shall be subject to termination in the absolute
discretion of the Representatives, by notice given to the Company prior to delivery of and payment for the Securities, if at any time prior to such delivery and payment (i)&nbsp;trading in the Company&#146;s Common Stock shall have been suspended by
the SEC, the NYSE or Euronext Paris or trading in securities generally on the NYSE, the London Stock Exchange or on Euronext Paris shall have been suspended or limited or minimum prices shall have been established on either of such exchanges or any
other measure taken restricting or suspending trading in any form on such exchanges; (ii)&nbsp;a banking moratorium shall have been declared either by Federal, New York State authorities, French authorities or United Kingdom authorities or the
European Central Bank; (iii)&nbsp;there shall have occurred a material disruption in commercial banking or securities settlement or clearance services; or (iv)&nbsp;there shall have occurred any outbreak or escalation of hostilities, declaration by
the United States, France or the United Kingdom of a national emergency, any declaration of war by the U.S. Congress, the French Parliament, the United Kingdom Parliament or any governmental body of any member state of the European Economic Area, or
other calamity or crisis,<B> </B>in each case, to the effect of which on financial markets is such as to make it, in the sole judgment of the Representatives, impractical or inadvisable to proceed with the offering or delivery or listing of the
Securities as contemplated by the Preliminary Prospectus or the Final Prospectus (exclusive of any amendment or supplement thereto). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">11.
<U>Representations and Indemnities to Survive</U>. The respective agreements, representations, warranties, indemnities and other statements of the Company or its officers and of the Underwriters set forth in or made pursuant to this Agreement will
remain in full force and effect, regardless of any investigation made by or on behalf of any Underwriter or the Company or any of the officers, directors, employees, agents, affiliates or controlling persons referred to in Section&nbsp;8 hereof, and
will survive delivery of and payment for the Securities. The provisions of Sections&nbsp;7 and 8 hereof shall survive the termination or cancellation of this Agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">12. <U>Notices</U>. All communications hereunder will be in writing and effective only on receipt, and, if sent to the Representatives, will
be mailed, delivered or telefaxed to: Banco Santander, S.A., Paseo de Pereda, <FONT STYLE="white-space:nowrap">9-12,</FONT> 39004 Santander, Spain, Attention: Equity Capital Markets, email: dlecmeurope@gruposantander.com; BNP PARIBAS, 16, boulevard
des Italiens, 75009 Paris, France, Attention: Global Head of Equity Capital Markets / Equity Syndicate, email: bnpp_equity_syndicate@bnpparibas.com; Citigroup Global Markets Europe AG at Reuterweg 16, 60323 Frankfurt am Main, Germany, Attention:
Equity Syndicate Desk, email: emeaecm.notices@citi.com; Citigroup Global Markets Inc. at 388 Greenwich Street, New York, New York 10013, Attention: General Counsel, facsimile number: +1 (646) <FONT STYLE="white-space:nowrap">291-1469;</FONT>
Cr&eacute;dit Agricole Corporate and Investment Bank, 12 place des Etats-Unis, CS 70052, 92547 Montrouge Cedex, France, email: <FONT STYLE="white-space:nowrap">equity_syndicate@ca-cib.com,</FONT> Attention: Equity Syndicate; or, if sent to Coty
Inc., will be mailed, delivered or telefaxed to 350 Fifth Avenue, New York, NY 10118, Attention: General Counsel. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">13. <U>Successors</U>.
This Agreement will inure to the benefit of and be binding upon the parties hereto and their respective successors and the officers, directors, employees, agents and controlling persons referred to in Section&nbsp;8 hereof, and no other person will
have any right or obligation hereunder. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">26 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">14. <U>Jurisdiction</U>. The Company agrees that any suit, action or proceeding against the
Company brought by any Underwriter, the directors, officers, employees, affiliates and agents of any Underwriter, or by any person who controls any Underwriter, arising out of or based upon this Agreement or the transactions contemplated hereby may
be instituted in any State or U.S. federal court in The City of New York and County of New York, and waives any objection which it may now or hereafter have to the laying of venue of any such proceeding, and irrevocably submits to the <FONT
STYLE="white-space:nowrap">non-exclusive</FONT> jurisdiction of such courts in any suit, action or proceeding. The Company hereby appoints Coty Inc.<B> </B>as its authorized agent (the &#147;<U>Authorized Agent</U>&#148;) upon whom process may be
served in any suit, action or proceeding arising out of or based upon this Agreement or the transactions contemplated herein that may be instituted in any State or U.S. federal court in The City of New York and County of New York, by any
Underwriter, the directors, officers, employees, affiliates and agents of any Underwriter, or by any person who controls any Underwriter, and expressly accepts the <FONT STYLE="white-space:nowrap">non-exclusive</FONT> jurisdiction of any such court
in respect of any such suit, action or proceeding. The Company hereby represents and warrants that the Authorized Agent has accepted such appointment and has agreed to act as said agent for service of process, and the Company agrees to take any and
all action, including the filing of any and all documents that may be necessary to continue such appointment in full force and effect as aforesaid. Service of process upon the Authorized Agent shall be deemed, in every respect, effective service of
process upon the Company. Notwithstanding the foregoing, any action arising out of or based upon this Agreement may be instituted by any Underwriter, the directors, officers, employees, affiliates and agents of any Underwriter, or by any person who
controls any Underwriter, in any court of competent jurisdiction in the United States. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">15. <U>Recognition of the U.S. Special Resolution
Regimes</U>. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) In the event that any Underwriter that is a Covered Entity becomes subject to a proceeding under a U.S.
Special Resolution Regime, the transfer from such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution
Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) In the event that any Underwriter that is a Covered Entity or a BHC Act Affiliate of such Underwriter becomes subject to a
proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against such Underwriter are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S.
Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">As used in
this Section&nbsp;15, &#147;<U>BHC Act Affiliate</U>&#148; has the meaning assigned to the term &#147;affiliate&#148; in, and shall be interpreted in accordance with, 12 U.S.C. &#167; 1841(k); &#147;<U>Covered Entity</U>&#148; means any of the
following: (i)&nbsp;a &#147;covered entity&#148; as that term is defined in, and interpreted in accordance with, 12 C.F.R. &#167;&nbsp;252.82(b), (ii) a &#147;covered bank&#148; as that term is defined in, and interpreted in accordance with, 12
C.F.R. &#167;&nbsp;47.3(b) or (iii)&nbsp;a &#147;covered FSI&#148; as that term is defined in, and interpreted in accordance with, 12 C.F.R. &#167;&nbsp;382.2(b); &#147;<U>Default Right</U>&#148; has the meaning assigned to that term in, and shall
be interpreted in accordance with, 12 C.F.R. &#167;&#167; 252.81, 47.2 or 382.1, as applicable; and &#147;<U>U.S. Special Resolution Regime</U>&#148; means each of (i)&nbsp;the Federal Deposit Insurance Act and the regulations promulgated thereunder
and (ii)&nbsp;Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the regulations promulgated thereunder. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">27 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">16. <U>Contractual Recognition of <FONT STYLE="white-space:nowrap">Bail-In</FONT></U>.
Notwithstanding and to the exclusion of any other term of this Agreement or any other agreements, arrangements, or understanding between the Applicable Underwriters and the Company, the Company acknowledges and accepts that a BRRD Liability (as
defined below) arising under this Agreement may be subject to the exercise of <FONT STYLE="white-space:nowrap">Bail-in</FONT> Powers by the Relevant Resolution Authority, and acknowledges, accepts and agrees to be bound by: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) the effect of the exercise of <FONT STYLE="white-space:nowrap">Bail-in</FONT> Powers by the Relevant Resolution Authority
in relation to any BRRD Liability of any of the Applicable Underwriters to the Company under this Agreement, that (without limitation) may include and result in any of the following, or some combination thereof: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) the reduction of all, or a portion, of the BRRD Liability or outstanding amounts due thereon; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) the conversion of all, or a portion, of the BRRD Liability into shares, other securities or other obligations of any of
the Applicable Underwriters or another person, and the issue to or conferral on the Company of such shares, securities or obligations; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) the cancellation of the BRRD Liability; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) the amendment or alteration of any interest, if applicable, thereon, the maturity or the dates on which any payments are
due, including by suspending payment for a temporary period; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) the variation of the terms of this Agreement relating to
such BRRD Liability, as deemed necessary by the Relevant Resolution Authority, to give effect to the exercise of <FONT STYLE="white-space:nowrap">Bail-in</FONT> Powers by the Relevant Resolution Authority. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As used in this Section&nbsp;16, &#147;<U>Applicable Underwriters</U>&#148; means the Underwriters that are organized in a member state of the European
Economic Area; &#147;<U><FONT STYLE="white-space:nowrap">Bail-in</FONT> Legislation</U>&#148; means in relation to a member state of the European Economic Area which has implemented, or which at any time implements, the BRRD, the relevant
implementing law, regulation, rule or requirement as described in the EU <FONT STYLE="white-space:nowrap">Bail-in</FONT> Legislation Schedule from time to time; &#147;<U><FONT STYLE="white-space:nowrap">Bail-in</FONT> Powers</U>&#148; means any
Write-down and Conversion Powers as defined in the EU <FONT STYLE="white-space:nowrap">Bail-in</FONT> Legislation Schedule, in relation to the relevant <FONT STYLE="white-space:nowrap">Bail-in</FONT> Legislation; &#147;<U>BRRD</U>&#148; means
Directive 2014/59/EU establishing a framework for the recovery and resolution of credit institutions and investment firms; &#147;<U>BRRD Liability</U>&#148; means a liability in respect of which the relevant Write Down and Conversion Powers in the
applicable <FONT STYLE="white-space:nowrap">Bail-in</FONT> Legislation may be exercised; &#147;<U>EU <FONT STYLE="white-space:nowrap">Bail-in</FONT> Legislation Schedule</U>&#148; means the document described as such, then in effect, and published
by the Loan Market Association (or any successor person) from time to time at <FONT STYLE="white-space:nowrap">https://www.lma.eu.com/documents-guidelines/eu-bail-legislation-schedule;</FONT> and &#147;<U>Relevant Resolution Authority</U>&#148;
means the resolution authority with the ability to exercise any <FONT STYLE="white-space:nowrap">Bail-in</FONT> Powers in relation to any of the Applicable Underwriters. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">28 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">17. <U>Acknowledgement of Responsibilities Related to MiFID II Product Governance
Requirements</U>. Solely for the purposes of the product governance requirements contained within: (i)&nbsp;EU Directive 2014/65/EU on markets in financial instruments, as amended (&#147;<U>MiFID II</U>&#148;); (ii) Articles 9 and 10 of Commission
Delegated Directive (EU) 2017/593 supplementing MiFID II; and (iii)&nbsp;local implementing measures (together, the &#147;<U>MiFID II Product Governance Requirements</U>&#148;): </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) each of the Underwriters that is subject to the MiFID II Product Governance Requirements (each, an &#147;<U><FONT
STYLE="white-space:nowrap">In-scope</FONT> Underwriter</U>&#148;) acknowledges to each other <FONT STYLE="white-space:nowrap">In-scope</FONT> Underwriter that it understands the responsibilities conferred upon it under the MiFID II Product
Governance Requirements relating to each of the product approval process, the target market, the proposed distribution channels as applying to the Securities and the related information set out in the Disclosure Package and the requirements to carry
out a product approval process; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) each of the Underwriters that is not an
<FONT STYLE="white-space:nowrap">In-scope</FONT> Underwriter notes the application of the MiFID II Product Governance Requirements and acknowledges the target market and distribution channels identified as applying to the Securities by the <FONT
STYLE="white-space:nowrap">In-scope</FONT> Underwriters and the related information set out in the Disclosure Package in connection with the Securities. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">18. <U>No Fiduciary Duty</U>. The Company hereby acknowledges that (a)&nbsp;the purchase and sale of the Securities pursuant to this Agreement
is an <FONT STYLE="white-space:nowrap">arm&#146;s-length</FONT> commercial transaction between the Company, on the one hand, and the Underwriters and any affiliate through which it may be acting, on the other, (b)&nbsp;the Underwriters are acting as
principal and not as an agent or fiduciary of the Company and (c)&nbsp;the Company&#146;s engagement of the Underwriters in connection with the offering and the process leading up to the offering is as independent contractors and not in any other
capacity. Furthermore, the Company agrees that it is solely responsible for making its own judgments in connection with the offering (irrespective of whether any of the Underwriters has advised or is currently advising the Company on related or
other matters). The Company agrees that it will not claim that the Underwriters have rendered advisory services of any nature or respect, or owe an agency, fiduciary or similar duty to the Company, in connection with such transaction or the process
leading thereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">19. <U>Integration</U>. This Agreement supersedes all prior agreements and understandings (whether written or oral)
between the Company and the Underwriters, or any of them, with respect to the subject matter hereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">20. <U>Applicable Law</U>. This
Agreement will be governed by and construed in accordance with the laws of the State of New York applicable to contracts made and to be performed within the State of New York. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">21. <B><U>WAIVER OF JURY TRIAL</U></B>. <B>THE COMPANY HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND
ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.</B> </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">29 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">22. <U>Counterparts</U>. This Agreement may be signed in one or more counterparts, each of
which shall constitute an original and all of which together shall constitute one and the same agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">23. <U>Headings</U>. The
section headings used herein are for convenience only and shall not affect the construction hereof. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">30 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the foregoing is in accordance with your understanding of our agreement, please sign and
return to us the enclosed duplicate hereof, whereupon this letter and your acceptance shall represent a binding agreement among the Company and the several Underwriters. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="79%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">Very truly yours,</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">Coty Inc.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Laurent Mercier</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Laurent Mercier</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Chief Financial Officer</TD></TR>
</TABLE></DIV> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">[<I>Signature Page to
Underwriting Agreement</I>] </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="78%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The foregoing Agreement is hereby</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">confirmed and accepted as of the date</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">specified in Schedule I
hereto.</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">Banco Santander, S.A.</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">BNP PARIBAS</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">Citigroup Global Markets Europe AG</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">Citigroup Global Markets Inc.</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">Cr&eacute;dit Agricole Corporate and Investment Bank</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">By: Banco Santander, S.A.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Javier Mata</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Javier Mata</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Managing Director</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Michael Ward</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Michael Ward</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Vice President</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">By: BNP PARIBAS</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Alexis Le Touz&eacute;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Alexis Le Touz&eacute;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Managing Director</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Isabelle Stoeckli</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Isabelle Stoeckli</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Managing Director</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">By: Citigroup Global Markets Europe AG</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Val&eacute;ry Barrier</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Val&eacute;ry Barrier</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Managing Director</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Charaf Baqouah</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Charaf Baqouah</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Director</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">[<I>Signature Page to
Underwriting Agreement</I>] </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="78%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">By: Citigroup Global Markets Inc.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Waleed Matin</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Waleed Matin</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Managing Director</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">By: Cr&eacute;dit Agricole Corporate and Investment Bank</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Florent Cormier</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Florent Cormier</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Managing Director</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" NOWRAP STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Fran&ccedil;oise Poujetoux</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Fran&ccedil;oise Poujetoux</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Managing Director</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">[<I>Signature Page to
Underwriting Agreement</I>] </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>SCHEDULE&nbsp;I </U></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Underwriting Agreement dated September&nbsp;28, 2023 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Registration Statement <FONT STYLE="white-space:nowrap">No.&nbsp;333-274683</FONT> </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="14%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="85%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Representative(s):</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Banco Santander, S.A.</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">BNP PARIBAS</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Citigroup Global Markets Europe AG</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Citigroup Global Markets Inc.</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Cr&eacute;dit Agricole Corporate and Investment Bank</P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Title, Purchase Price and Description of Securities: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Issuer: Coty Inc. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Title:
Class&nbsp;A Common Stock </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Ticker: COTY (NYSE, Euronext Paris) </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Number of Securities to be sold by the Company: 33,000,000 (the &#147;Shares&#148;) </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Price per Share to Public (including accrued dividends, if any): $10.80, or &#128;10.28<SUP STYLE="font-size:75%; vertical-align:top">1</SUP>
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Price per Share to the Underwriters: $10.4976, or &#128;9.9922 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Underwriting Discount: 2.8% (or $0.3024 / &#128;0.2878 per Share) </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Proceeds Net of Aggregate Underwriting Discounts: $346,420,800.00 </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="14%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="85%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">&#8194;Underwriters:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Banco Santander, S.A., BNP PARIBAS, Citigroup Global Markets Europe AG, Citigroup Global Markets Inc., Cr&eacute;dit Agricole Corporate and Investment Bank</TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Pricing Date: September&nbsp;28, 2023 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Trade Date NYSE: September&nbsp;28, 2023 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Trade Date Euronext Paris: September&nbsp;28, 2023 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">Lock-up:</FONT> 180 days </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Closing Date, Time and Location: October&nbsp;2, 2023 at 10:00 a.m. Paris time at 12 rue de Tilsitt, Paris, France 75008 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Type of Offering: <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> </P>
<P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">1</SUP>&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The price per share in euros is the equivalent of the specified share price to the public in U.S. Dollars
converted into euros using the <FONT STYLE="white-space:nowrap">euro-US</FONT> dollar exchange rate as of September&nbsp;28, 2023 as published Bloomberg BFIX (i.e. EUR/USD spot reference of $1.0509 per euro). </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">I-1 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>SCHEDULE&nbsp;II </U></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="90%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman"><B>Underwriters</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of</B><br><B>Securities&nbsp;to&nbsp;be<BR>Purchased</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Banco Santander, S.A.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">8,250,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">BNP PARIBAS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">8,250,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Citigroup Global Markets Europe AG</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">7,500,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Citigroup Global Markets Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">750,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Cr&eacute;dit Agricole Corporate and Investment Bank</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">8,250,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">33,000,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">II-1 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>SCHEDULE&nbsp;III </U></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Free Writing Prospectuses included in the Disclosure Package: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>None </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The following final pricing terms communicated to
investors orally or by written communication in compliance with Rule 134 under the Securities Act: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Number of Securities to be sold by the
Company: 33,000,000 (the &#147;Shares&#148;) </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Price per Share to Public (including accrued dividends, if any): $10.80, or &#128;10.28<SUP
STYLE="font-size:75%; vertical-align:top">2</SUP> </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Trade date: September&nbsp;28, 2023 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Closing Date: October&nbsp;2, 2023 </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&nbsp;&nbsp;</P> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">2</SUP>&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The price per share in euros is the equivalent of the specified share price to the public in U.S. Dollars
converted into euros using the <FONT STYLE="white-space:nowrap">euro-US</FONT> dollar exchange rate as of September&nbsp;28, 2023 as published Bloomberg BFIX (i.e. EUR/USD spot reference of $1.0509 per euro). </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">III-1 </P>

</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>3
<FILENAME>d331813dex51.htm
<DESCRIPTION>EX-5.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-5.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE" STYLE="line-height:Normal">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 5.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="82%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-size:10pt">S<SMALL>KADDEN</SMALL> , A<SMALL>RPS</SMALL> , S<SMALL>LATE</SMALL> , M<SMALL>EAGHER</SMALL> &amp; F<SMALL>LOM</SMALL> <SMALL>LLP</SMALL></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">ONE MANHATTAN WEST</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">NEW YORK, NY 10001</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">FIRM/AFFILIATE</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">OFFICES</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">TEL: (212) 735-3000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><U></U>&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center"><U>&#8195;&#8195;&#8195;&#8195;</U></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">FAX: (212) 735-2000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">BOSTON</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">www.skadden.com</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">CHICAGO</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">HOUSTON</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">LOS ANGELES</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">PALO ALTO</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">WASHINGTON,&nbsp;D.C.</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">WILMINGTON</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><U></U>&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center"><U>&#8195;&#8195;&#8195;&#8195;&#8195;</U></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">BEIJING</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">BRUSSELS</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">FRANKFURT</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">HONG KONG</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">LONDON</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">October 2, 2023</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">MUNICH</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">PARIS</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">S&Atilde;O PAULO</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">SEOUL</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">SHANGHAI</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">SINGAPORE</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">TOKYO</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="center">TORONTO</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Coty Inc. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">350 Fifth Avenue </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">New York, New York 10118 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><U>RE: Coty Inc.
&#150; Registration Statement on Form <FONT STYLE="white-space:nowrap">S-3</FONT></U> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ladies and Gentlemen: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have acted as special United States counsel to Coty Inc., a Delaware corporation (the &#147;<U>Company</U>&#148;), in connection with the
sale by the Company of an aggregate 33,000,000 shares of the Company&#146;s Class&nbsp;A common stock, par value $0.01 per share (the &#147;<U>Securities</U>&#148;), pursuant to the Underwriting Agreement, dated September&nbsp;28, 2023 (the
&#147;<U>Underwriting Agreement</U>&#148;), by and among the Company, Banco Santander, BNP PARIBAS, Citigroup and Cr&eacute;dit Agricole Corporate and Investment Bank, as Representatives of the several underwriters (the
&#147;<U>Representatives</U>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This opinion is being furnished in accordance with the requirements of Item 601(b)(5) of Regulation <FONT
STYLE="white-space:nowrap">S-K</FONT> under the Securities Act of 1933, (the &#147;<U>Securities Act</U>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In rendering the
opinions stated herein, we have examined and relied upon the following: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) the registration statement on Form <FONT
STYLE="white-space:nowrap">S-3</FONT> (File <FONT STYLE="white-space:nowrap">No.&nbsp;333-274683)</FONT> of the Company relating to the Securities and other securities of the Company filed with the Securities and Exchange Commission (the
&#147;<U>Commission</U>&#148;) on September&nbsp;25, 2023 under the Securities Act of 1933 (the &#147;<U>Securities Act</U>&#148;) allowing for delayed offerings pursuant to Rule 415 of the General Rules and Regulations under the Securities Act (the
&#147;<U>Rules and Regulations</U>&#148;), including information deemed to be a part of the registration statement pursuant to Rule 430B of the Rules and Regulations (such registration statement being hereinafter referred to as the
&#147;<U>Registration Statement</U>&#148;); </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) the prospectus, dated September&nbsp;25, 2023 (the &#147;<U>Base Prospectus</U>&#148;),
which forms a part of and is included in the Registration Statement; </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) the preliminary prospectus supplement, dated September&nbsp;25, 2023 (together with the
Base Prospectus, the &#147;<U>Preliminary Prospectus</U>&#148;), relating to the offering of the Securities in the form filed with the Commission pursuant to Rule 424(b) of the Rules and Regulations; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) the prospectus supplement, dated September&nbsp;28, 2023 (together with the Base Prospectus and the Preliminary Prospectus Supplement, the
&#147;<U>Prospectus</U>&#148;), relating to the offering of the Securities in the form filed with the Commission pursuant to Rule 424(b) of the Rules and Regulations; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) an executed copy of the Underwriting Agreement; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) an executed copy of a certificate of Christina Kiely, Assistant Secretary of the Company, dated the date hereof (the
&#147;<U>Secretary&#146;s Certificate</U>&#148;); </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) a copy of the Company&#146;s Amended and Restated Certificate of Incorporation, as
amended and certified by the Secretary of State of the State of Delaware as of September&nbsp;28, 2023, as in effect as of the date hereof and certified pursuant to the Secretary&#146;s Certificate; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) a copy of the Company&#146;s Amended and Restated <FONT STYLE="white-space:nowrap">By-laws,</FONT> as amended and in effect as of the date
hereof and certified pursuant to the Secretary&#146;s Certificate; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) a copy of certain resolutions of the Board of Directors of the
Company and the Pricing Committee thereof adopted on September&nbsp;19, 2023 and September&nbsp;28, 2023, respectively, related to the issuance of the Securities, certified pursuant to the Secretary&#146;s Certificate. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have also examined originals or copies, certified or otherwise identified to our satisfaction, of such records of the Company and such
agreements, certificates and receipts of public officials, certificates of officers or other representatives of the Company and others, and such other documents as we have deemed necessary or appropriate as a basis for the opinions stated below.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In our examination, we have assumed the genuineness of all signatures, including electronic signatures, the legal capacity and competency
of all natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as facsimile, electronic, certified or photocopied copies, and the authenticity of the
originals of such copies. As to any facts relevant to the opinions stated herein that we did not independently establish or verify, we have relied upon statements and representations of officers and other representatives of the Company and others
and of public officials, including the facts and conclusions set forth in the Secretary&#146;s Certificate and the factual representations and warranties contained in the Underwriting Agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We do not express any opinion with respect to the laws of any jurisdiction other than the General Corporation Law of the State of Delaware
(the &#147;<U>DGCL</U>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As used herein, &#147;<U>Organizational Documents</U>&#148; means those documents listed in paragraphs
(h)&nbsp;and (i) above. </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Based upon the foregoing and subject to the qualifications and assumptions stated herein, we
are of the opinion that the Securities have been duly authorized by all requisite corporate action on the part of the Company under the DGCL and, when the Securities are delivered and paid for by the underwriters in accordance with the terms of the
Underwriting Agreement, will be validly issued, fully paid and nonassessable and free and clear of any preemptive rights or any similar rights arising under the DGCL or the Company&#146;s Organizational Documents. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, in rendering the foregoing opinion we have assumed that the issuance of the Securities does not violate or conflict with any
agreement or instrument binding on the Company (except that we do not make this assumption with respect to the Organizational Documents or those agreements or instruments expressed to be governed by the laws of the State of New York which are listed
in Part II of the Registration Statement (or the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the year ended June&nbsp;30, 2023)). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We hereby consent to the reference to our firm under the heading &#147;Legal Matters&#148; in the Preliminary Prospectus and the Prospectus.
We also hereby consent to the filing of this opinion with the Commission as an exhibit to the Company&#146;s current report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> being filed on the date hereof, and incorporated by reference into the
Registration Statement. In giving this consent, we do not thereby admit that we are within the category of persons whose consent is required under Section&nbsp;7 of the Securities Act or the Rules and Regulations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Very truly yours, </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">/s/ Skadden, Arps, Slate,
Meagher&nbsp;&amp; Flom LLP </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">MJZ </P>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>4
<FILENAME>coty-20230928.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii"?>
<!-- DFIN - https://www.dfinsolutions.com/ -->
<!-- CTU Version: Release master Build:20221108.6 -->
<!-- Creation date: 10/3/2023 12:22:59 AM Eastern Time -->
<!-- Copyright (c) 2023 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<xsd:schema
  xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric"
  xmlns:num="http://www.xbrl.org/dtr/type/numeric"
  xmlns:us-types="http://fasb.org/us-types/2022"
  xmlns:coty="http://www.coty.com/20230928"
  xmlns:dei="http://xbrl.sec.gov/dei/2022"
  xmlns:xbrli="http://www.xbrl.org/2003/instance"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink"
  xmlns:xbrldt="http://xbrl.org/2005/xbrldt"
  attributeFormDefault="unqualified"
  elementFormDefault="qualified"
  targetNamespace="http://www.coty.com/20230928"
  xmlns:xsd="http://www.w3.org/2001/XMLSchema">
    <xsd:import schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" namespace="http://www.xbrl.org/2003/instance" />
    <xsd:import schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" namespace="http://www.xbrl.org/2003/linkbase" />
    <xsd:import schemaLocation="https://xbrl.sec.gov/dei/2022/dei-2022.xsd" namespace="http://xbrl.sec.gov/dei/2022" />
    <xsd:import schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" namespace="http://www.xbrl.org/dtr/type/numeric" />
    <xsd:import schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" namespace="http://www.xbrl.org/dtr/type/non-numeric" />
    <xsd:import schemaLocation="https://xbrl.sec.gov/naics/2022/naics-2022.xsd" namespace="http://xbrl.sec.gov/naics/2022" />
    <xsd:import schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" namespace="http://xbrl.org/2005/xbrldt" />
  <xsd:annotation>
    <xsd:appinfo>
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="coty-20230928_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:title="Label Links, all" xlink:type="simple" />
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="coty-20230928_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:title="Presentation Links, all" xlink:type="simple" />
      <link:roleType roleURI="http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation" id="Role_DocumentDocumentAndEntityInformation">
        <link:definition>100000 - Document - Document and Entity Information</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xsd:appinfo>
  </xsd:annotation>
</xsd:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>5
<FILENAME>coty-20230928_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!-- DFIN - https://www.dfinsolutions.com/ -->
<!-- CTU Version: Release master Build:20221108.6 -->
<!-- Creation date: 10/3/2023 12:22:59 AM Eastern Time -->
<!-- Copyright (c) 2023 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<link:linkbase
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink"
  xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
  xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CoverAbstract" xlink:type="locator" xlink:label="dei_CoverAbstract" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_CoverAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_CoverAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cover [Abstract]</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentFlag" xlink:type="locator" xlink:label="dei_AmendmentFlag" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amendment Flag</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCentralIndexKey" xlink:type="locator" xlink:label="dei_EntityCentralIndexKey" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Central Index Key</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentType" xlink:type="locator" xlink:label="dei_DocumentType" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Type</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodEndDate" xlink:type="locator" xlink:label="dei_DocumentPeriodEndDate" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Period End Date</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityRegistrantName" xlink:type="locator" xlink:label="dei_EntityRegistrantName" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Registrant Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityIncorporationStateCountryCode" xlink:type="locator" xlink:label="dei_EntityIncorporationStateCountryCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation State Country Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Incorporation State Country Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFileNumber" xlink:type="locator" xlink:label="dei_EntityFileNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityFileNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity File Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityFileNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity File Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityTaxIdentificationNumber" xlink:type="locator" xlink:label="dei_EntityTaxIdentificationNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Tax Identification Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine1" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine1" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line One</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCityOrTown" xlink:type="locator" xlink:label="dei_EntityAddressCityOrTown" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, City or Town</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressStateOrProvince" xlink:type="locator" xlink:label="dei_EntityAddressStateOrProvince" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, State or Province</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressPostalZipCode" xlink:type="locator" xlink:label="dei_EntityAddressPostalZipCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CityAreaCode" xlink:type="locator" xlink:label="dei_CityAreaCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_CityAreaCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_CityAreaCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Area Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_LocalPhoneNumber" xlink:type="locator" xlink:label="dei_LocalPhoneNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_LocalPhoneNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_LocalPhoneNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Local Phone Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_WrittenCommunications" xlink:type="locator" xlink:label="dei_WrittenCommunications" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_WrittenCommunications_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Written Communications</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_WrittenCommunications_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Written Communications</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SolicitingMaterial" xlink:type="locator" xlink:label="dei_SolicitingMaterial" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_SolicitingMaterial_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Soliciting Material</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_SolicitingMaterial_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Soliciting Material</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementTenderOffer" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Pre Commencement Tender Offer</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pre Commencement Tender Offer</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementIssuerTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementIssuerTenderOffer" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Pre Commencement Issuer Tender Offer</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pre Commencement Issuer Tender Offer</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12bTitle" xlink:type="locator" xlink:label="dei_Security12bTitle" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_Security12bTitle_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Security 12b Title</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_Security12bTitle_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Security 12b Title</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_TradingSymbol" xlink:type="locator" xlink:label="dei_TradingSymbol" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trading Symbol</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityExchangeName" xlink:type="locator" xlink:label="dei_SecurityExchangeName" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_SecurityExchangeName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Security Exchange Name</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_SecurityExchangeName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Security Exchange Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityEmergingGrowthCompany" xlink:type="locator" xlink:label="dei_EntityEmergingGrowthCompany" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Emerging Growth Company</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Emerging Growth Company</link:label>
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>6
<FILENAME>coty-20230928_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!-- DFIN - https://www.dfinsolutions.com/ -->
<!-- CTU Version: Release master Build:20221108.6 -->
<!-- Creation date: 10/3/2023 12:22:59 AM Eastern Time -->
<!-- Copyright (c) 2023 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<link:linkbase
    xmlns:link="http://www.xbrl.org/2003/linkbase"
    xmlns:xlink="http://www.w3.org/1999/xlink"
    xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
    xmlns:xbrldt="http://xbrl.org/2005/xbrldt"
    xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation" xlink:href="coty-20230928.xsd#Role_DocumentDocumentAndEntityInformation" xlink:type="simple" />
  <link:presentationLink xlink:type="extended" xlink:role="http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation">
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CoverAbstract" xlink:type="locator" xlink:label="dei_CoverAbstract" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentFlag" xlink:type="locator" xlink:label="dei_AmendmentFlag" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_AmendmentFlag" order="22.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCentralIndexKey" xlink:type="locator" xlink:label="dei_EntityCentralIndexKey" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityCentralIndexKey" order="23.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentType" xlink:type="locator" xlink:label="dei_DocumentType" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentType" order="25.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodEndDate" xlink:type="locator" xlink:label="dei_DocumentPeriodEndDate" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentPeriodEndDate" order="26.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityRegistrantName" xlink:type="locator" xlink:label="dei_EntityRegistrantName" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityRegistrantName" order="27.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityIncorporationStateCountryCode" xlink:type="locator" xlink:label="dei_EntityIncorporationStateCountryCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityIncorporationStateCountryCode" order="28.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFileNumber" xlink:type="locator" xlink:label="dei_EntityFileNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityFileNumber" order="29.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityTaxIdentificationNumber" xlink:type="locator" xlink:label="dei_EntityTaxIdentificationNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityTaxIdentificationNumber" order="30.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine1" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressAddressLine1" order="31.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCityOrTown" xlink:type="locator" xlink:label="dei_EntityAddressCityOrTown" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressCityOrTown" order="32.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressStateOrProvince" xlink:type="locator" xlink:label="dei_EntityAddressStateOrProvince" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressStateOrProvince" order="33.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressPostalZipCode" xlink:type="locator" xlink:label="dei_EntityAddressPostalZipCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressPostalZipCode" order="34.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CityAreaCode" xlink:type="locator" xlink:label="dei_CityAreaCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_CityAreaCode" order="35.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_LocalPhoneNumber" xlink:type="locator" xlink:label="dei_LocalPhoneNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_LocalPhoneNumber" order="36.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_WrittenCommunications" xlink:type="locator" xlink:label="dei_WrittenCommunications" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_WrittenCommunications" order="37.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SolicitingMaterial" xlink:type="locator" xlink:label="dei_SolicitingMaterial" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SolicitingMaterial" order="38.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementTenderOffer" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementTenderOffer" order="39.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementIssuerTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementIssuerTenderOffer" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementIssuerTenderOffer" order="40.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12bTitle" xlink:type="locator" xlink:label="dei_Security12bTitle" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_Security12bTitle" order="41.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_TradingSymbol" xlink:type="locator" xlink:label="dei_TradingSymbol" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_TradingSymbol" order="42.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityExchangeName" xlink:type="locator" xlink:label="dei_SecurityExchangeName" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SecurityExchangeName" order="43.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityEmergingGrowthCompany" xlink:type="locator" xlink:label="dei_EntityEmergingGrowthCompany" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityEmergingGrowthCompany" order="44.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
  </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>7
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.23.3</span><table class="report" border="0" cellspacing="2" id="idm139903854066592">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Document and Entity Information<br></strong></div></th>
<th class="th"><div>Sep. 28, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001024305<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Sep. 28,  2023<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Coty Inc.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation State Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-35964<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">13-3823358<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">350 Fifth Avenue<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">New York<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NY<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">10118<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">(212)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">389-7300<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre Commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre Commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Security 12b Title</a></td>
<td class="text">Class&#160;A Common Stock, $0.01 par value<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">COTY<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>8
<FILENAME>d331813d8k_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2022"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="coty-20230928.xsd" xlink:type="simple"/>
    <context id="duration_2023-09-28_to_2023-09-28">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001024305</identifier>
        </entity>
        <period>
            <startDate>2023-09-28</startDate>
            <endDate>2023-09-28</endDate>
        </period>
    </context>
    <dei:AmendmentFlag contextRef="duration_2023-09-28_to_2023-09-28">false</dei:AmendmentFlag>
    <dei:EntityCentralIndexKey
      contextRef="duration_2023-09-28_to_2023-09-28"
      id="Hidden_dei_EntityCentralIndexKey">0001024305</dei:EntityCentralIndexKey>
    <dei:DocumentType contextRef="duration_2023-09-28_to_2023-09-28">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="duration_2023-09-28_to_2023-09-28">2023-09-28</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName contextRef="duration_2023-09-28_to_2023-09-28">Coty Inc.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="duration_2023-09-28_to_2023-09-28">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="duration_2023-09-28_to_2023-09-28">001-35964</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber contextRef="duration_2023-09-28_to_2023-09-28">13-3823358</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="duration_2023-09-28_to_2023-09-28">350 Fifth Avenue</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown contextRef="duration_2023-09-28_to_2023-09-28">New York</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="duration_2023-09-28_to_2023-09-28">NY</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="duration_2023-09-28_to_2023-09-28">10118</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="duration_2023-09-28_to_2023-09-28">(212)</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="duration_2023-09-28_to_2023-09-28">389-7300</dei:LocalPhoneNumber>
    <dei:WrittenCommunications contextRef="duration_2023-09-28_to_2023-09-28">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="duration_2023-09-28_to_2023-09-28">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer contextRef="duration_2023-09-28_to_2023-09-28">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer contextRef="duration_2023-09-28_to_2023-09-28">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle contextRef="duration_2023-09-28_to_2023-09-28">Class&#160;A Common Stock, $0.01 par value</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="duration_2023-09-28_to_2023-09-28">COTY</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="duration_2023-09-28_to_2023-09-28">NYSE</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany contextRef="duration_2023-09-28_to_2023-09-28">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>9
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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M?!^2!F.,6_0T7X\48JVFL:W&VC$,>8!8\PRA9CC?AT6:&C/5BZPYC0IO0=5
MY3_;U UH]@TT')$%7C&9MC:CY$X*/-S^[PVPPL2.X>V+OP%02P,$%     @
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MGJ[%T<JL1>CQ98[5/:RV>7:2S=\E0J]=C'X#!?C^PJ)D/&TL]%L$CZ9:]^!
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MP %#TG1X#SY['R73>RHY_U=3_ 102P,$%     @ +H-"5Y>*NQS     $P(
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MB^$_7G\!4$L! A0#%     @ +H-"5P=!36*!    L0   !
M ( !     &1O8U!R;W!S+V%P<"YX;6Q02P$"% ,4    "  N@T)7G&='0^T
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M<W1Y;&5S+GAM;%!+ 0(4 Q0    ( "Z#0E>7BKL<P    !,"   +
M      "  5\/  !?<F5L<R\N<F5L<U!+ 0(4 Q0    ( "Z#0E<<.&7J/P$
M #P"   /              "  4@0  !X;"]W;W)K8F]O:RYX;6Q02P$"% ,4
M    "  N@T)7)!Z;HJT   #X 0  &@              @ &T$0  >&PO7W)E
M;',O=V]R:V)O;VLN>&UL+G)E;'-02P$"% ,4    "  N@T)799!YDAD!  #/
M P  $P              @ &9$@  6T-O;G1E;G1?5'EP97-=+GAM;%!+!08
1    "0 ) #X"  #C$P     !

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>12
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.23.3</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>22</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>0</UnitCount>
  <MyReports>
    <Report instance="d331813d8k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>100000 - Document - Document and Entity Information</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation</Role>
      <ShortName>Document and Entity Information</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File>coty-20230928.xsd</File>
    <File>coty-20230928_lab.xml</File>
    <File>coty-20230928_pre.xml</File>
    <File doctype="8-K" isOnlyDei="true" original="d331813d8k.htm">d331813d8k.htm</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy items="22">http://xbrl.sec.gov/dei/2022</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>14
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "version": "2.2",
 "instance": {
  "d331813d8k.htm": {
   "nsprefix": "coty",
   "nsuri": "http://www.coty.com/20230928",
   "dts": {
    "schema": {
     "local": [
      "coty-20230928.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd",
      "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd",
      "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd",
      "https://xbrl.sec.gov/dei/2022/dei-2022.xsd",
      "https://xbrl.sec.gov/naics/2022/naics-2022.xsd"
     ]
    },
    "labelLink": {
     "local": [
      "coty-20230928_lab.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "coty-20230928_pre.xml"
     ]
    },
    "inline": {
     "local": [
      "d331813d8k.htm"
     ]
    }
   },
   "keyStandard": 22,
   "keyCustom": 0,
   "axisStandard": 0,
   "axisCustom": 0,
   "memberStandard": 0,
   "memberCustom": 0,
   "hidden": {
    "total": 2,
    "http://xbrl.sec.gov/dei/2022": 2
   },
   "contextCount": 1,
   "entityCount": 1,
   "segmentCount": 0,
   "elementCount": 23,
   "unitCount": 0,
   "baseTaxonomies": {
    "http://xbrl.sec.gov/dei/2022": 22
   },
   "report": {
    "R1": {
     "role": "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation",
     "longName": "100000 - Document - Document and Entity Information",
     "shortName": "Document and Entity Information",
     "isDefault": "true",
     "groupType": "document",
     "subGroupType": "",
     "menuCat": "Cover",
     "order": "1",
     "firstAnchor": {
      "contextRef": "duration_2023-09-28_to_2023-09-28",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "p",
       "div",
       "div",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "d331813d8k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "duration_2023-09-28_to_2023-09-28",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "p",
       "div",
       "div",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "d331813d8k.htm",
      "first": true,
      "unique": true
     }
    }
   },
   "tag": {
    "dei_DocumentType": {
     "xbrltype": "submissionTypeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "DocumentType",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Type",
        "terseLabel": "Document Type",
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressCityOrTown": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "EntityAddressCityOrTown",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, City or Town",
        "terseLabel": "Entity Address, City or Town",
        "documentation": "Name of the City or Town"
       }
      }
     },
     "auth_ref": []
    },
    "dei_WrittenCommunications": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "WrittenCommunications",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Written Communications",
        "terseLabel": "Written Communications",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act."
       }
      }
     },
     "auth_ref": [
      "r6"
     ]
    },
    "dei_SecurityExchangeName": {
     "xbrltype": "edgarExchangeCodeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "SecurityExchangeName",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Exchange Name",
        "terseLabel": "Security Exchange Name",
        "documentation": "Name of the Exchange on which a security is registered."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "dei_EntityAddressStateOrProvince": {
     "xbrltype": "stateOrProvinceItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "EntityAddressStateOrProvince",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, State or Province",
        "terseLabel": "Entity Address, State or Province",
        "documentation": "Name of the state or province."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressAddressLine1": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "EntityAddressAddressLine1",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Address Line One",
        "terseLabel": "Entity Address, Address Line One",
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name"
       }
      }
     },
     "auth_ref": []
    },
    "dei_TradingSymbol": {
     "xbrltype": "tradingSymbolItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "TradingSymbol",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Trading Symbol",
        "terseLabel": "Trading Symbol",
        "documentation": "Trading symbol of an instrument as listed on an exchange."
       }
      }
     },
     "auth_ref": []
    },
    "dei_CoverAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "CoverAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Cover [Abstract]",
        "terseLabel": "Cover [Abstract]",
        "documentation": "Cover page."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressPostalZipCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "EntityAddressPostalZipCode",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Postal Zip Code",
        "terseLabel": "Entity Address, Postal Zip Code",
        "documentation": "Code for the postal or zip code"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityRegistrantName": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "EntityRegistrantName",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Registrant Name",
        "terseLabel": "Entity Registrant Name",
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_SolicitingMaterial": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "SolicitingMaterial",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Soliciting Material",
        "terseLabel": "Soliciting Material",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r5"
     ]
    },
    "dei_PreCommencementTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "PreCommencementTenderOffer",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre Commencement Tender Offer",
        "terseLabel": "Pre Commencement Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r4"
     ]
    },
    "dei_DocumentPeriodEndDate": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "DocumentPeriodEndDate",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Period End Date",
        "terseLabel": "Document Period End Date",
        "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD."
       }
      }
     },
     "auth_ref": []
    },
    "dei_CityAreaCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "CityAreaCode",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "City Area Code",
        "terseLabel": "City Area Code",
        "documentation": "Area code of city"
       }
      }
     },
     "auth_ref": []
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "PreCommencementIssuerTenderOffer",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre Commencement Issuer Tender Offer",
        "terseLabel": "Pre Commencement Issuer Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r3"
     ]
    },
    "dei_LocalPhoneNumber": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "LocalPhoneNumber",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Local Phone Number",
        "terseLabel": "Local Phone Number",
        "documentation": "Local phone number for entity."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityTaxIdentificationNumber": {
     "xbrltype": "employerIdItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "EntityTaxIdentificationNumber",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Tax Identification Number",
        "terseLabel": "Entity Tax Identification Number",
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_AmendmentFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "AmendmentFlag",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Amendment Flag",
        "terseLabel": "Amendment Flag",
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityCentralIndexKey": {
     "xbrltype": "centralIndexKeyItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "EntityCentralIndexKey",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Central Index Key",
        "terseLabel": "Entity Central Index Key",
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_Security12bTitle": {
     "xbrltype": "securityTitleItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "Security12bTitle",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security 12b Title",
        "terseLabel": "Security 12b Title",
        "documentation": "Title of a 12(b) registered security."
       }
      }
     },
     "auth_ref": [
      "r0"
     ]
    },
    "dei_EntityIncorporationStateCountryCode": {
     "xbrltype": "edgarStateCountryItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "EntityIncorporationStateCountryCode",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Incorporation State Country Code",
        "terseLabel": "Entity Incorporation State Country Code",
        "documentation": "Two-character EDGAR code representing the state or country of incorporation."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityFileNumber": {
     "xbrltype": "fileNumberItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "EntityFileNumber",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity File Number",
        "terseLabel": "Entity File Number",
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityEmergingGrowthCompany": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "localname": "EntityEmergingGrowthCompany",
     "presentation": [
      "http://www.coty.com//20230928/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Emerging Growth Company",
        "terseLabel": "Entity Emerging Growth Company",
        "documentation": "Indicate if registrant meets the emerging growth company criteria."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    }
   }
  }
 },
 "std_ref": {
  "r0": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r2": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r3": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r4": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r5": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Section": "14a",
   "Number": "240",
   "Subsection": "12"
  },
  "r6": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "425"
  }
 }
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>15
<FILENAME>0001193125-23-249085-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001193125-23-249085-xbrl.zip
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M4\%G'(N@Y;JT1&E7=%8U+-5SM)>T1%-1AGNGV372II@<S91\OSC_$GHL.O(
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M1IBLSW![TY_UYJK9->[G;U!+ P04    "  N@T)7W/PYWEP&  "_0P  %0
M &-O='DM,C R,S Y,CA?;&%B+GAM;,V<;V_;-A#&WQ?H=[AY;S:@LF,'&Q8C
M:9$Y21$L;8+$W88-0R%+C$U,(@U23NQO/U)_&CFF9"H\37G15I'NGKM'_IU*
MRW*./ZSC"!Z(D)2SD]ZP?] #P@(>4C8_Z:VDY\N TA[(Q&>A'W%&3GH;(GL?
MWK]]<_R=Y\'9Q>5G\&"1)$LY'@P>'Q_[X3UEDD>K1$G*?L#C 7A>$3^9?H'?
MLW)CN"41\26!V)<)$?#KBD;A>'0P&@V'![_T?RZG">)K/0C]A(QA># X'*C
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M)%=-^W5#\C16F*L_R47DSVV1?);4$9+FUKGAH N2!B$D)+\I@Y9V!K*%1LM
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MS6_TF!5>PRB839D&82L2;0P,JBT-058)5"G,FS?MV:@; &LOC@]":8."^$V
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M7B[2IQ/@]G"_LG&9P[(/RFI>5LDBC>#<8287:;V@BP<4L8KV>\END7Y<;&5
M0\7BR;U_N^$L]^OH.)T#-X9?)XL,)A.5TVAQGD9U>I%6L&>.3:15'7]U)O5L
M?*>,Z&Y$X=7XVL?U+JG3,IJDT;NT2B?)UY8)SWY]^?;-J=--SF%[M^IY,DZ?
M%.5EE<Q_>?9X:W<O_O4./O8LNOMX9^>>WY&O/KN3>9(57YT'TEDW.-+77-7N
M@S@:E<L\O4BJ"9PU,((%:()I47]MZGIX?V?G<?0NJ;*OKO8\>UG!]4F_R>&M
MX?&1L/BON=KC%%AL=9F>1;L/OO8I/MBY"YH![N^'Z;):1,D,%BSWY&NN\;<4
M;)OBZG:/U,G,K[G2NX\>1;^!)EI<9N-ST,[AGZLTTB_R3J>"1DX#W=W9V;W[
MU1?[O@"N/X%5@C*PB@-]P</MU$FB0"49#JZODWP9KKP7S7.0?,20#V$SZBW8
M&= U#DZBASL[]_>^]@0>[]V_]W X> W/ .&?P7ZDD_3CUW[K-V+3KY))!I^@
MKOD;G&B.1MZ35:3]X!IJYN.;JIG.Z1!'2306<LO  "^KLZ2 02;1DA0;U#SS
MY-)IH>$=V<"/_O8ON_<>/OWU/0PZFP-;_/7.^V?XV:.GFW$T![E3UO#HHHRR
MNEZREEVG>8Z?P,^' U5LET:QC8ID!J\!7GXR/D\GH")$1T?1.:B"BQ*F/"8;
M>9)5Z7B17\&D820DE?.H+%+\<U96\*;I-,NSCHE:%3J8[11^>GE>SJ*K<MGX
M34,K-S^+$GP73RFIHRI\,*9M*Y9HTN(FUNQK*:=@>5@'R)@=(#4Z0)Q:?^?%
MT3^>_7I'O&?#043_[]<Y/':5IR%UIK,6F>!'\^0LW1I5:?)A:Y3"^M(G27Z9
M7-6_ )7?F>-+?C^.3H[^#Q#=W5]T7/+N/?F7Q_1_OT1_'+TX_?W??P$N_&_.
M7#\X?'-Z>/S=^?=@</+F1,Z1TR92YVBRARCT+30,%+I :EB<AS0H)!AMU$DV
MT;.$OT<I4_>$R;O,)]'H*AAPE")]X,^S(IG"9D7C),_A!W0'W/1.TO$274 A
MA<$<DNB,Y7^5GF7U HTBF/,TK7#8<(EOY6,[ E^V:+X<Y=D8QVM?9IQYB2^:
M5]D%"A^2 B1V1DD-BG*Y7-096&1=K""&,<?Y<H*SD=%9YTP*?!#&A1G\]Q+H
M8)K1Q4:15E;U< !79I).LX*O^WZUR,:PTWL;*9W)<7JVS)DU;1R^WXS>_&V2
MGCV-]G9V'][9W=U[C,_LWN-+])]+N/SX3;0!@P(#@6L^X?OG]N9=5=9SX!K+
MV@QM-FH;#JR (ZB0-U]%EQE0  Z@>QH'AYH!U1<3HH!D/H?GIR6SS&0R WH@
MANKHROLW%^5PD,,A$L> 75]4R:1]C&R=O.+G E+E_86E3%-Z"5#%27I&)[7Q
MZQ'S8=A'^L _5:3YKW>.GCE2KWC]L.\S4BGQ<SRS @2+F$8;;C+A%\&&O=0U
M7Y39A&0H##0IEZ-%#.^ ;4OALYJI(L,#=ZY-W#;/H^$VY7G,6P[7"D\)G[B.
MCM1TVR@UIM'?TWD.=^W@/%U>5.GR8[3AZ52_2^;9PBO6,<E%6->I.7:8%4BL
M<5G /:"-HJO'=Z9.<O;2^+L+]ZP:GR=U,H*9PL+?;Y]L#P<ORCQ/X$=$)'+D
M<I9.TV4".?P(OR[.FKSKS9\GAX'@*28WG @>8VL"X=G"#4BK!9I15DSR!B1Y
M7:*H0SGG"/@,=IV.=XPT-J:[ZNX-#3D<"!7C[N/'&7*_>3+.0 N!H>KE^+QQ
M3_4'^S1Z0&^GS,I@PD1#R%))!!<PM0G0"%^(8/(XUY2XFU4G2OPM#  L"N0]
M3P >G[4\<##%90V_9^[-A!K-4OT=?!TZY>A.(UO'T=H./?PZF)X9,,UD4FE4
MP_KA@E:HS\SS):I(\";\!C8:M3^X)?^]!!VH7N4[O9:;\L;ZX^EE"5=\O)S1
MV1-M@ B$90+C2<%D:0@_EI"TASUTXBZ:[%T4<+]8&0+L'TP'R&B367Z"7!R>
M$>V59!%Q 1WF15:/\[)>5CCB^ ,0*PR%7!]>)3+1W_'S#.FP7H[^$MZC%"'J
M+TS(Q64"00!,;;DX+RO8O5IDHSE>&&B"<\Q&P,76;@#*^C&HY,Q*Z7N4+=F8
M[C#IXKBXRDFO^BE]L)'Y39E[*0>KF64+I'Y9STODQ^<1R(G])4C@;*'LE>P]
M()3QN7X"G *4E6*<D9Y\](S8D5%6]E^_M.P(V0I,M2I![\)E\$:SZ&\=:8.U
MZ:=>/ON1^4(AD_##LSI%XJ7BM<GEE"NR8N!H7P8)N,JG.-(_ZPKMU^Y"$&4M
M;?C/R\@-^M)ON7X1V"T-2Z7K1OCGB='4S* J^VSM;H_=5Y@?7&J84#(_CW8W
MDDW:Z7)J-3[FQQ1'!_97"X]E0A42@C-SX]?N>@:$"E2NKP]OJ)=GN-1D ;HV
M#(O*L[L^1N3AV$Z HMXEFEB#>$\.#RSQ@J"LEPDK)<<H(.[MW=L8;1HSV+QB
M?TQ*P.[CNW>)_3M=4]=5N>6;>XJKG2WS,]*Y2&[QX.%-"%_3%/<3//T)G@C-
M@"Y%SR&:%0T'O*2[.\][%V07@I(2>,!Y= A<B;AN] *&I?7%JM^#V4Z,]BH"
M"W^QE;I':9"9$\[$_,&\A=?X9\#&0"6$S_< .#0>-[Z#='=C$)PPHV3.=E=H
M#TB>928I)"0X6SLQ'/BM0!VCU,4]#:]+N,36-:%MF*B>B4HUDR".L4+VK-P6
MY)/Z1VTW"3[%+UO;U9CR\Z1..SDESQGT#GAZA ^9^W6=.TV:1:);OVJ)O &=
M^V*E)-[4]&.*TF0B])O#>G :HB*0I0)K5<,Z/!OZ*;X:V:>Y"T\;9O,[8!G9
M##A-=;5B8X3E^$>[V8]096.7K[>!I$/@JHFW!U2.A@XJW&Q]O<Q02_7# V<K
MSU)2_AQ3:\S@J5<LW<*;P_0L^69<UC#9"LP=9K4W9I#>>#2/!_R,W"#D*@C.
MN6\KA@._3E%YT94T[W$EM01V9"7TH_GBEV?,5;YMWM6>SORG?^^+J%' :)V7
M095 H>ANYA5WW:U87"J.-UABB\3#T;QL(H1&J8IE>"_-A3P;Q<1Y(8A7.G,)
M/E7G!;%!/_V%S-_>M2.8=;2[AWSC90G&Z=I$A9.MNYJFP-SH$BUDOL2=E]4I
M2ZS6# >@U]S[XGJ-?4O#FT4B#VF7F4$@D)5?]@@B.1D.+4S,\ZWS18G<+29D
MD.&@S9/5X,;!9@EZ<9\Z\=Y'=6PP\KII V-AR.8CG+M\"B_G+SQKEF^:GK ;
MD_3:)3-%!Z1^$Y+V$@W?I 1NB"R@+,/N;^F$VT*7W,^-$X[-TM&O;V^K7E![
M:[^]]Z5I.C:<$N[*M9T?_N*!>NR]3LZ?TKFOWK/0X)%VAVE",]!X86/&[#P/
MM)^FB(=!G;\"/>EXO%4TA85$:@3/PXMHC *Q9NZN4#Y@56X?CGCPES#X</"'
MC-ZE,VU&&9Z(QBBLM]"%?F FEQB^%,(IT2^'8<,*O2P%Q?&61386UDC>GMD\
MS[PWAR:_>_=>_^373B(6C\^%V4'V9J[8P.&@M8,[]U?MH-] W+EHY<;%WBIJ
M:/1,9O@',X#T(WI#:Z /<G+@9'2^2"KP&-EK:N%V._%NP5\C80**C3.+)Y(?
M+1=142X<=08^XO/D@CDEWC)881V= =<C24'V*H^SQM02T=MBU=^>[^S"*\-(
M.)(X3O"/I*I 7Y&P)<=.U/GK N+\Z"4_BFY1)F,B@YKN1LSFMO&>DNF>+H8#
M#L:.TKR\='PO\ WLKMJ/OB0*^0CU5LK5_:S<730#[<)G:<KFO3KJ6?U#-RF0
MCBIT0,0WT.AZKRONY#G>&_'!B^\M=)(='L#'4;*$]</AC8%*TWS:XS_JYKDK
M.4;#X-NY;SGKAF@,)AEB.'#F\NIX.VF):[<)=Y-I 3;,I>IZ+V7")B\LIR7B
M-&X;;(5PG]*&)C#&IE^8Y??MR79T@O?\./!+&;7-3 X(IL,I)+;W*DDJ?B/O
M:%K.X3O6S<*;2'$:XDEMPH@MTT4B\4Z\59HG!:>Z/0,QI1(8@^KFSEXF#R'K
MBZQ<HM@8I<!!I\NJR(!\24N[*I<="R5:"VF?G-'YS?TA'3$9ZP+I<V1L1_L@
M=6FO8V;XJ][/(D,\<!'^.RNF6$5'XPD+<7ZSCNOO#31CA)''-OTX3N?N)'WD
MM!6:%*]JAV!.0+F;@$["BDWL[029:[T< >LH<!@,*]#ZG&C#9;2.;!55 UG%
MC>FBD"55*B5?XJ+S+H1[6!9 +K3O.!V<O(T0V]VE2#HI4&RPU-'&*+TJ:5.3
M1=LMVO0-BDV(XKE+.]Y4;5$)%$DZF5QDJ$%0#'GE#=?XJMA>$\IP2R;.7\#$
MWV<:]FQ5CW0*&#$2.7/4>[OW0;QM[&YN?.QV^0T'Q.YP(ED!G\ &W\C,NX0=
MP2-.DRK/-"SO?,R+<Z3(JQ33)ZRKH''=?E2?X-V?/L&OJI@!CW[;$]%:09*3
M3#Q?E^=IT>TA:CK)>P2%W"&1%IQGMS+PQ?=:(KNMEVZH"\H&+5130F81,Z>\
M4N8,7 Y4&$H>%,;LY*+)+0CX -]64%:ZY4SHV5'AXY(T6G+H:7](L8L]]6W2
MNO,B%D)'ABR318;(4]BN9;&HEJD)D:*JXS=GBIE-P%K+608&!]IH"XYO736>
M<;*8/43TF/<-P0A%.@83%V4 _3UA]]DL^<!LRP3"]4<XU5E6YREE93VUZU>?
M%\Y#/&Y-C>LZ]-5'2V&LA818'UG1+-4!>,,-C?Q^-AZX\6:Y"'2.)<,J5\99
M-5[.4 <9.X6<]4?X]HJ=X"@TX^9> RM[_PPS0C(0K6BQQ&CEGI>7F)?.?SO?
MAC/M8'8HKX)L;S2&T1/D;&&2^BS2K;(1:!.R/4A TZJ<7<,3VCY"C"?W< -.
MPV'O$]D%[,,=#F 2."/,P*.#MQ/TFEK#.6-V8$1I]_#P* 6=:ZH$:DUWS<GO
M5#1%(0/NQ%FS1%:4I[':'?()FP#TLN"$H>& Z*)>E.7$^QXF_GR]QMB]'[#J
MYBHE*=152-@?3M)Z7&4CU%=K'3;T6CR2P/%*A]:W\5Z,Q9FXD;$;HR-U#K;L
MU^?/"";#.X6)JZ<YK*HJ"U"QJS+!U/CR,A;!"7>E\"%=U'RQR,(89\-!^UVQ
MOFA2IO7G</)H!2._?=:#TADUM'%28^I46B^R&>?3EY2%R"4D9B+P2LHZ9RNL
MG&>%\IWT(UX%XY2#<8$73;;RLOR -]B,TI&=IQ?;<R>^E3VA2MF'#B(A!P,9
MZ62CD.V:U&!RH8Z!I8S%!+/ R6:>2$'0.(&1EY)A#=OG'#"X/S#3] *E7;#/
M;&NP\C4_KY+:61ASC$"04P49#LW6$1&GZ2M)N,U@6J$\L=KSX8[%85;-Q'+2
MJ,E(-1#0S4 P%ZO!1C^+;:(CT=.FL+GH\[G<.MY^4ZY'BF0?V[M-G^V$F=V*
M-%'4\=7QX%3=]O,<,*??>"_-_NN7L9.U3AGH,;B1%E9G^AJ'(1=*E,M%A/Z&
MA7AEX'U!9-YE4W>5O32C^I-R'D;PU9SO45U6[(-:#Z2[:KYH!R>?A%F'E1'?
MZ#/+IF9'X@ZEWM%?J.E^,=WT!IJ^$1PF];!/P_<I%3?<WL@1$ZJ:4I5"_K5>
M6V^E"OJCNDSN_729K.&+-RR;7*EVQWWR,(A.!EQ ?,ZLVWO*<S[,?@K'F]*X
M>,U?]094>J;9E_\1K9G=#7>CSSC1(/&:574QTTS<)I2@XL)E,-APH#=].WI3
MBO9:+^&'A<_)5U]+ 4Q*667'CJ,[FC0V*6(UT@M>5>'W<4-/Q+#>@Z=U]*$H
M+_-T<B9<=XP.^!0=0_)XQ]MDE\27X3Q1*+LXMN.#4ZR0+JO%=V ?I<8^VF=%
MBM*>85ME*:LHQI3GA+_%?YN\F8[L>2!/5AKGRXJ+Z2E3&QU\;@/#4/@.^NKO
M;G8$*BE."V89F6)<4N/>AR[X47_:>AQ: U4*_^I*#I:IU-'N73SJW?NH8\E,
MPE3#B@-#\)V/B&U*:I#X!6'AG%KN568Q].>@X:(.PX7W>'<7M2JL&[@G<JDD
M]4)CO*C,Y0G%WT$+CJG&F!)R'MP%"WB3;19Z#89]UP0%G6M%_&WIQW0V%T;B
MAFTEZW0Z/&G*?"*H- T'HLG7K$:3(S#%?!'@+:QEH[XRY?"KHPJ[/GSC9EBO
MC">,'*\F9S.9KC[O#;9<,GXPOVD++W8!VBF:;LBB*(=*,A.[,P/"&*RD=<"^
MS1-F)U/\NQ7'/#RPF\R$;G;9G"11@OT]O_C^@XT11J:<0@P*,.)):<D[>O;J
MTNEA+M1WF=5IG\.^EF'IZ7OW'VY4JTO$O@T'FK8Y$(?+@'O0YOA =%ALT.-+
M:[DUZ6IQ'%2S'H8#RN<:9W.\WGP[L'AP! 8]O&624F$@7Y:.:V?NU[V-\\V-
MO<V>BH%&"6/M.<:J:Q)]@5N2==T2$K!DX8O?H(B."KCM9QG:9I)0N-%]#S:]
M;;9(R/.")+84$P0S98,IFHO0SJ38N<^GE"UT)L;B:![?*'4.%$H :D_Y.R#B
ML\WH$!4:DY39D5KHC44;;["JF@;FIV >VH#6*GMJ..@3SV$BCDME7I^J[XJ]
M.G,Z@DSBA/-K%E(J1 LXE[ W*3[P0Q!JJ4;X*=\BG8BC"VR2L_*3G5K# 7FU
M<*9K-O[S/5S-.,$M.KC0K/E&'J[OUJ]_OBEN'%A5PCH=<,7$E7'^%YQE33SB
M^;+.R%(X)MT.-_H5:&M+-&U\<M]_/3]^%8+3B!6#GIQ"ZX =O%./[)DF644Y
MXI(:VKJZC([#YF./8T-S'NGRN,3'#I$N_%5M%E_%<K;,L"*Q2&OK>A/%^\?-
M)[G_TSGR5:]4%B;Z(B61D2Z%/#!/XF&8U+<<@3S.0%QKN4^ ,S4<;"@'(>21
MK*U0K$U[W=W:V=-DUQ QZ1J)Q?^UJ3_=P!7$D<GZ/W%S-U6EY+,=EWFN:!R-
MFA/WHP:$E;NGDV4.R_8X<Z)D7<#Q3H AI!_%80#K/T/^CN&>B>/Y''PS@'1_
M@0)93[*Q6EWB(B%U"6S-2I"R*H-L1RQANB37J8((H>LY@]-.0%,L+SEO,A)0
MCP7)5K2&X*D<#**TJS!,/+KPX#RE(=$>1?B[M%(%ER(!DR56>*"MJMR6M$@5
M*/UQM7Y7FVPA[JS!V$+8D3)X2T):!%!G /DGO[[&?A.-!QO.NZTX-$S(,@-.
M%/T.Y-]?8"PAW"#J!<N%6YX#XD,H(@* (NP]MTY/_131;*:CTE+A.,G)243K
MLETU7CD<!'O5'CCV-X).0>^  Y/1V^&0Y1#G""D7!"<"T.%':R]Y419;25VC
MT8!1%+WO-C$8S2UG$@<9H#>GQ3R'VWV]?:88N^$7M#RX9VD+/4]@D;H0'S&5
M #^AGP6C;1B )_XE_(RI\\K.K&+81N]7"*-PFUQ416%JN/V5*HMPL=%'AF]E
M,_8*M4WD-_5"G50\ _T^TJ]AG\#\S&;P7X:[QO!] 3;'B$!(T2_MIPZZ4U&S
M+PI!A,2Y)MG=?J:UMZ5=Z+#]XN@,<Y."2N"&0]<QX$DZ6G@@&F933 G7L*<X
MZ)B-*2;73S_7JV;Z-GSB POUT(;B2797A?== K.WYQSM$_'X6C78$'CQ93HA
M -2C F$_HM/D(X(0^CR(6F&0LJ(NITGEC XSU7HY@]V I8* .DM(618L,G>
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M%'(5"C@;$&<XX.U6G6=KHTT_#=Q#T9',<;F<$:L\-X^ !?@L8$EF5Z1N3Y!
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MV?"NU=P@06'83,J!8%.&_*(]I4@134F\==LZY!+U12^!?;NPR;&?6E<9,HH
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MLSE\4S.O#^R$^@ .]#PI/F ( F9TQ0A7ID.] I^?[$?ODD65E0ONJ'N*"9Q
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M&"__GB*B+^$#:6W@G#*HU<,I&3@F"-^;S/75 L92K8;!SE6YEF8')9Y]%;J
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M5&I>-/%)9,*?D%(594*]'4*7J-,WG?YP*+ W"%A6H_Y"M2))RMKPQ/&WS7B
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M,#(S,#DR.%]P<F4N>&UL4$L! A0#%     @ +H-"5VWX1T.$%   4GL   X
M             ( !V0X  &0S,S$X,3-D.&LN:'1M4$L! A0#%     @ +H-"
M5X-D4I!T?   18X" !               ( !B2,  &0S,S$X,3-D97@Q,2YH
M=&U02P$"% ,4    "  N@T)7;Y5"M@4.   ]2P  $               @ $K
IH   9#,S,3@Q,V1E>#4Q+FAT;5!+!08     !@ & 'T!  !>K@     !

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
