COTY INC. — Form 8-K

Coty Inc. announced the appointment of Soraya Benchikh as Group Chief Financial Officer, effective September 1, 2026, succeeding Laurent Mercier. Benchikh's compensation package includes: fixed annual salary of €1,165,000 (including €390,000 impatriation allowance); target annual bonus of 150% of fixed salary (minimum guaranteed for FY27, maximum 300%); sign-on RSU grant of $2,500,000 vesting over 3 years; 1,500,000 stock options with performance-based vesting tied to stock price targets ($5.56–$9.00); annual long-term incentive of $2,500,000; and €860,000 sign-on bonus (payable September 2027 if employed through August 31, 2027). Additional benefits include relocation support, car allowance (€15,000/year), school tuition coverage (€30,000/child/year for 3 years), pension contributions (€20,000/year minimum), and post-employment tax assistance. Non-compete restricted to 12 months post-termination in Europe and US with two-thirds monthly salary compensation.