Coty(COTY) - 2023 Q4 - Earnings Call Presentation

10 COTY • CB INNOVATIONS LIKE COVERGIRL CLEAN FRESH YUMMY GLOSS, MAX FACTOR MASTERPIECE LASH WOW MASCARA, AND SALLY HANSEN ARTIFICIAL NAILS A&CP AT ~28% DURING Q4 AND ~27% FY23, INLINE WITH EXPECTATIONS AND STABLE YOY 13 14 • FY23 ADJ EPS EXCLUDING EQUITY SWAP OF $0.38, AN INCREASE OF +36$ Millions 973 LEVERAGE ON TRACK TOWARDS ~3X EXITING CY23 ➢ IN JULY 2023, COTY ENTERED A BINDING LETTER OF INTENT TO SELL 3.6% OF ITS WELLA STAKE TO IGF WEALTH MANAGEMENT FOR $150 MILLION, SUBJECT TO CUSTOMARY C ...