Coty enters amended stockholders agreement with JAB, appoints lead independent director

COTY INC.

Amended agreement restricts JAB from acquiring shares if it raises voting power >9% above Tender Offer level, for 3 years.
JAB cannot transfer shares to make another the largest beneficial owner for one year; certain exceptions apply.
Company must include specified questions in annual D&O questionnaire per the settlement.
Agreement terminates when JAB's beneficial ownership falls below 25% of voting power on fully diluted basis.
Delaware Court approved settlement on June 13, 2023; Johannes Huth appointed Lead Independent Director.

item 1.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Johannes Huth

Lead Independent Director

COTY · COTY INC.

Effective: 2023-06-13
Filed: June 16, 2023, 7:59 PM ET

the Board approved, the appointment of Johannes Huth as Lead Independent Director, effective June 13, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Johannes Huth was appointed as Lead Independent Director at COTY INC..

Action: appointed
Role: Lead Independent Director

Exact text from the filing

the Board approved, the appointment of Johannes Huth as Lead Independent Director, effective June 13, 2023.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

COTY INC. amended Amended and Restated Stockholders Agreement with JAB Holdings B.V. and JAB Beauty B.V. (effective 2023-06-16).

Action: amendment
Counterparty: JAB Holdings B.V. and JAB Beauty B.V.
Effective: 2023-06-16

Exact text from the filing

On June 16, 2023, Coty Inc. (the “Company”), JAB Holdings B.V. and JAB Beauty B.V. (formerly Cottage Holdco B.V., and together with JAB Holdings B.V., the “JAB Stockholder Parties”) entered into an amendment and restatement of the Stockholders Agreement dated as of March 17, 2019 (the “Amended and Restated Stockholders Agreement”).

View on SEC.gov

15 material agreements filed in the last 30 days. Browse all material agreements →

COTY INC. filing history →

Source: SEC EDGAR

accession 0001024305-23-000046

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.