Natura RI
Indebtedness

Main Debt instruments — Bonds, Debentures and Promissory Notes

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

Sustainability-Linked Bond – Issuer: Natura &Co Luxemburg Holding.

Issue Date ISIN Maturity Principal Coupon
(per year)		 Payment of interest
05/03/2021 144A: US63883KAB17
RS: USP7088CA03		 05/03/2028 US$450 million 4.125% per year 6 months
(May and November)

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$ 270 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$ 21.8 million 8.450%(1) 6 months
(March and September)

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

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

Issuance Issue Date Ticker Maturity Principal Remuneration Payment of interest
13th issue 2024 06/15/2024 NATUA3 06/15/2029 BRL 1,326 million DI + 1,20 per year 6 months (June and December)

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%

Debt Amortization Schedule1

Natura &Co Holding S.A. consolidated position, as of March 31, 2024.

 

Debt Profile

Natura &Co Holding S.A. consolidated position, as of March 31, 2024.

Indebtedness Ratio Evolution

Value
(BRL million)

Sep-22 Natura Cosméticos S.A.

Sep-22
Natura &Co Holding
S.A.

Dec-22 Natura Cosméticos S.A.

Dec-22
Natura &Co Holding
S.A.

Mar-23 Natura Cosméticos S.A.

Mar-23
Natura &Co Holding
S.A.

Jun-23 Natura Cosméticos S.A.

Jun-23
Natura &Co Holding
S.A.

Sep-23 Natura Cosméticos S.A.

Sep-23
Natura &Co Holding
S.A.

Dec-23 Natura Cosméticos S.A.

  

Dec-23
Natura &Co Holding
S.A.

 

  

Mar-24 Natura Cosméticos S.A.

 

  

Mar-24 Natura &Co Holding
S.A

 
    Short Term 320 429 134.1 331.2 131.9 289.2 21.6 362.7 98.4 141.1 158.7 163.8 80.0 128.1
    Long Term 7,814 12,971 7,448.1 12,987.6 7,365.7 12,721.8 713.0 12,798.3 2,352.2 6,046.5 2,353.6 5,947.9 2,354.6 6,059.1
Gross Debt(1) 8,134 13,401 7,622.2 13,318.8 7,497.7 13,011.0 7,324.6 13,161.0 2,450.6 6,187.6 2,512.3 6,111.7 2,434.6 6,187.1
Foreign Currency Hedging (Swaps)(2) 59 52 86,4 120 419.7 445.2 508.5 553.8 (49.6) (110.8) (52.3) 5,7 (56.8) (55.8)
Total Gross Debt 8,194 13,453 7,708.6 13,438.8 7,917.4 13,456.2 7,833.1 13,714.8 2,401.0 6,076.8 2,460.0 6,117.4 2,377.9 6,131.3
  Cash and Short-Term Deposits (3,023) (4,629) (3,844.5) (5,996.2) (2,705.6) (4,048.1) (2,120.8) (3,455.5) (4,489.1) (6,773.4) (3,214.1) (7,775.0)  (4,657.2) (5,856.0)
Aesop Cash, Cash Equivalents and Short-Term Investment(3)             (226.9) (226.9)
Total net debt 5,171 8,823 3,864.1 7,442.6 5,211.8 9,408.2 5,485.4 10,032.5 (2,088.1) (696.6) (754.2)  (1,657.6) (2,279.3) 275.3
Net Debt/ EBITDA(4) 1.88x 4.15x 1.59x 7.83x 2.23x 7.54x 2.19x 7.24x -1.03x -0.66x -0.32x -0.94x -0.24x 0.19x
Net Debt/ EBITDA(5) 1.49x 2.85x 1.25x 3.49x 1.65x 3.96x 1.68x 4.17x -0.79x -0.37x -0.30x -0.79x -0.23x 0.13x

(1) Gross debt excludes PPA impacts of R$22 million in Q1-24 and R$244 million in Q1-23, and exclude lease agreements
(2) Exchange rate and interest rate hedging instruments- Including mark-to-market effects SWAP(CRI) as well as liabilities
(3) Short-Term Investments excludes non current balances

(4) Debt ratio excluding IFRS 16
(5) Debt ratio including IFRS 16