Natura RI
Indebtedness

Main Debt instruments — Bonds, Debentures and Promissory Notes as of March 31, 2023

The debt instruments below account for over 90% of the Company’s total debt.

Sustainability-Linked Bond – Issuer: Natura Cosméticos S.A.

Issue Date ISIN Maturity Principal Coupon
(per year)		 Payment of interest
05/03/2021 144A: US63883KAB17
RS: USP7088CA03		 05/03/2028 US$1,000.0 million(1) 4.125% per year 6 months
(May and November)

(1) Principal and interests fully hedged (swapped to BRL). For more information, see the explanatory notes to the Company’s financial statements.

For more information on Sustainability Linked Bond issuance, please access the following documents:

Bonds – Issuer: Natura &Co Luxemburg Holding. 

Instrument Issue Date Maturity Date ISIN Principal Coupon (per year) Payment of interest
Unsecured Bonds 04/19/2022 04/19/2029  144A:US63884WAA62

RS: USL6S52VAA02

 US$ 600 million 6.000% 6 months
(April and October)

Bonds – Issuer: Avon Products, Inc.

Instrument Issue Date Maturity Date ISIN Principal Coupon (per year) Payment of interest
Unsecured Bonds 03/15/2013 03/15/2043 US054303AZ59 US$ 216.2 million 8.450%(1) 6 months
(March and September)

(1) Coupon based on current credit ratings, governed by interest rate adjustment provisions

Debentures – Issuer: Natura Cosméticos S.A.

Issuance Issue Date Ticker Maturity Principal Remuneration Payment of interest
11th issue 2022 07/21/2022 NATUA1 07/21/2027 BRL 826.0 million DI + 1.65 per year 6 months (January and  July)

Real State Receivables Certificate (CRIs) – Issuer: Natura Cosméticos S.A.  

Issuance Issue Date Ticker Maturity Principal Remuneration Payment of interest
1st CRI issue 2022 10/06/2022 BRIMWLCRIE48 09/15/2027 BRL 255.9 million CDI + 0.80% 6 months
(March and September)
BRIMWLCRIE55 09/15/2029 BRL 487.2 million IPCA + 6.80%
BRIMWLCRIE63  Equal installments between 2030 and 2032 BRL 306.9 million IPCA + 6.90%

Commercial Notes – Issuer: Natura Cosméticos S.A.

Issuance Issue Date Ticker Maturity Principal Remuneration Payment of interest
1st issue 2022 09/19/2022 NC0022009KK 09/19/2025 BRL 500.0 million DI + 1.55 per year 6 months (March and  September)

Debt Amortization Schedule1

Natura &Co Holding S.A. consolidated position, as of March 31, 2023.

 

Debt Profile

Natura &Co Holding S.A. consolidated position, as of March 31, 2023.

Indebtedness Ratio Evolution

Value
(BRL million)

Mar-22 Natura Cosméticos S.A.(3)

Mar-22
Natura &Co Holding
S.A.(3)

Jun-22 Natura Cosméticos S.A.(3)

Jun-22
Natura &Co Holding
S.A.(3)

Sep-22 Natura Cosméticos S.A.(3)

Sep-22
Natura &Co Holding
S.A.(3)

Dec-22 Natura Cosméticos S.A.(3)

Dec-22
Natura &Co Holding
S.A.(3)

Mar-23 Natura Cosméticos S.A.(3)

Mar-23
Natura &Co Holding
S.A.(3)
    Short Term 772.5 3.863,5 1,045.9 726.0 320 429 134.1 331.2 131.9 289.2
    Long Term 6,678.7 7.692,4 6,994. 11.992,8 7,814 12,971 7,448.1 12,987.6 7,365.7 12,721.8
Gross Debt(1) 7,451.2 11,556.0 8,040.6 12,718.8 8,134 13,401 7,622.2 13,318.8 7,497.7 13,011.0
Foreign Currency Hedging (Swaps)(2) 628.8 627.6 75.5 54.8 59 52 86,4 120 419.7 445.2
Total Gross Debt 8,080.0 12,183.6 8,116.1 12,773.6 8,194 13,453 7,708.6 13,438.8 7,917.4 13,456.2
  Cash and Short-Term Deposits (3,220.2) (4,536.7) (3,041.6) (4,275.6) (3,023) (4,629) (3,844.5) (5,996.2) (2,705.6) (4,048.1)
Total net debt 4,859.8 7,646.9 5,074.5 4,275.6 5,171 8,823 3,864.1 7,442.6 5,211.8 9,408.2
Net Debt/ EBITDA(4) 1.84x 3.06x 1.83x 3.46x 1.88x 4.15x 1.59x 7.83x 2.23x 7.54x
Net Debt/ EBITDA(5) 1.38x 2.13x 1.43x 2.46x 1.49x 2.85x 1.25x 3.49x 1.65x 3.96x

(1) Gross debt excludes PPA impacts of R$243.9 million in Q1-23 and R$311.0 million in Q1-22, and exclude lease agreements 
(2) Foreign currency debt hedging instruments, excluding mark-to-market effects
(3) Short-Term Investments excludes non current balances