Financial Restructuring

The proceeds are earmarked for debt reduction, reinvestment in Coty’s core prestige fragrance and beauty brands, and organizational optimisation. This capital redeployment is positioned to strengthen the company’s balance sheet, reduce leverage and enable focused investment on higher‑impact brands. The agreement also includes a mutual resolution of all pending litigation and related claims concerning the Gucci Beauty license between Coty and Kering, thereby removing a legal overhang.