COTY INC. Files DEF 14A with Executive Compensation Details

Ticker: COTY · Form: DEF 14A · Filed: 2024-09-26T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, proxy-statement, corporate-governance

TL;DR

COTY's 2024 DEF 14A is out, showing exec pay details and equity awards for FY24.

AI Summary

COTY INC. filed its DEF 14A on September 26, 2024, detailing executive compensation and corporate governance for the fiscal year ending June 30, 2024. The filing includes information on equity awards granted and outstanding, with specific values for the fiscal years 2021 through 2024.

Why It Matters

This filing provides shareholders with crucial information regarding how executive compensation is structured and awarded, impacting company performance and shareholder value.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of executive compensation and corporate governance, not indicating immediate financial risk.

Key Numbers

Key Players & Entities

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by a company to solicit proxies from shareholders for an upcoming annual or special meeting. It contains detailed information about matters to be voted on, including executive compensation, director elections, and other corporate governance issues.

What specific fiscal year does this COTY INC. DEF 14A filing primarily cover?

This COTY INC. DEF 14A filing primarily covers the fiscal year ending June 30, 2024.

What type of financial information is detailed regarding executive compensation in this filing?

The filing details information related to equity awards granted and outstanding, including their fair value at the end of the covered fiscal years.

What is the filing date of this DEF 14A for COTY INC.?

The filing date for this DEF 14A for COTY INC. is September 26, 2024.

What is the Standard Industrial Classification (SIC) code for COTY INC.?

The Standard Industrial Classification (SIC) code for COTY INC. is 2844, which corresponds to 'Perfumes, Cosmetics & Other Toilet Preparations'.

Filing Stats: 4,785 words · 19 min read · ~16 pages · Grade level 11.4 · Accepted 2024-09-26 17:27:00

Key Financial Figures

Filing Documents

Security Ownership of Certain Beneficial Owners and Management 29

Security Ownership of Certain Beneficial Owners and Management 29 Delinquent Section 16(a) Reports 31 Proposal No. 2: Approval of Advisory Resolution on Named Executive Officer Compensation (Say-On-Pay) 31

Executive Compensation 32

Executive Compensation 32 Pay Versus Performance 56 Proposal No. 3: Ratification of Appointment of Deloitte & Touche LLP as our Independent Registered Public Accounting Firm 61 Audit Fees and Other Fees 61 Audit and Finance Committee Report 62 Stockholder Proposals for the 2025 Annual Meeting 63

Forward-looking Statements 63

Forward-looking Statements 63 Other Matters 65 2 COTY INC. 350 Fifth Avenue New York, New York 10118 PROXY STATEMENT FOR ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON NOVEMBER 7, 2024 These proxy materials are being made available to you electronically or, if you have requested, printed versions of these materials, have been delivered to you by mail in connection with the solicitation of proxies by the Board of Directors of Coty Inc. (the "Company", "Coty", "we" or "us"), a Delaware corporation, for our 2024 Annual Meeting of Stockholders (the "Annual Meeting") to be held at 8:30 a.m. Eastern Time ("ET") on Thursday, November 7, 2024 via the Internet at www.virtualshareholdermeeting.com/coty2024. When used in these proxy materials, the term "includes" and "including" means, unless the context otherwise indicates, including without limitation. QUESTIONS AND ANSWERS ABOUT THE PROXY MATERIALS AND THE ANNUAL MEETING Proxy Materials and Voting Information 1. What are proxy materials? A proxy statement is a document which includes information that we are required to provide to you under Securities and Exchange Commission ("SEC") rules and is designed to assist you in voting your shares (your "shares") of the Company's Class A common stock, par value $0.01 per share ("Class A Common Stock") and/or of the Company's Series B Convertible Preferred stock, par value $0.01 per share ("Series B Preferred Stock"), at the Annual Meeting. The proxy materials include our proxy statement for the Annual Meeting (this "Proxy Statement"), our Annual Report to Stockholders (including our Annual Report on Form 10-K for the fiscal year ended June 30, 2024) ("Annual Report"), and the proxy card or a voting instruction card for the Annual Meeting. This Proxy Statement contains information about the Annual Meeting and was prepared by our management. We sent a Notice of Internet Availability of Proxy Materials (the "Notice"), and made these proxy materials and the Notice ava

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