Coty (COTY) Announces Proposed 50 Million Share Secondary Offering of Class A Common Stock by KKR (KKR)

Coty Inc. (NYSE: COTY) (“Coty”) today announced the commencement of a registered public secondary offering of 50,000,000 shares of Coty’s outstanding Class A common stock. All of the shares of Class A common stock sold in the offering will be sold by KKR Rainbow Aggregator L.P.

Coty is not selling any shares of Class A common stock and will not receive any proceeds from the proposed offering.

Morgan Stanley is acting as the underwriter for the proposed offering.

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