COTY INC.

As of June 30, 2026, the Company had approximately 880.5 million shares of Class A Common Stock outstanding, excluding shares issuable upon conversion of the Series B Preferred Stock. Shares subject to outstanding awards under the Company’s equity compensation programs, including RSUs, PRSUs and stock options, represented approximately 2.9% of the Company’s outstanding Class A Common Stock, consisting of approximately 26.6 million underlying shares. In addition, approximately 37.8 million shares remained available for future grant under the Company's equity compensation plans. Accordingly, the Company’s total overhang was approximately 7.2%, calculated as the sum of (i) shares subject to outstanding equity awards and (ii) shares available for future grant under the Company’s equity compensation plans, divided by the number of outstanding shares of Class A Common Stock, in each case excluding shares issuable upon conversion of the Series B Preferred Stock.

Burn Rate is equal to the number of awards made in connection with the Company’s annual grant of restricted stock units and performance restricted stock units under the ELTIP in a fiscal year divided by the total number of shares of common stock outstanding for each respective year. (These award amounts exclude the 6,000,000 stock options granted to Mr. Strobel in connection with his appointment.) The following table sets forth information to calculate the Company’s burn rate for the last four fiscal years: