Natura RI
Indebtedness

Main Debt instruments — Bonds, Debentures and Promissory Notes as of September 30, 2023

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

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 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 September 30, 2023.

 

Debt Profile

Natura &Co Holding S.A. consolidated position, as of September 30, 2023.

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.
    Short Term 320 429 134.1 331.2 131.9 289.2 21.6 362.7 98.4 141.1
    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
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
Foreign Currency Hedging (Swaps)(2) 59 52 86,4 120 419.7 445.2 508.5 553.8 (49.6) (110.8)
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
  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)
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)
Net Debt/ EBITDA(4) 1.88x 4.15x 1.59x 7.83x 2.23x 7.54x 2.19x 7.24x -1.03x -0.66x
Net Debt/ EBITDA(5) 1.49x 2.85x 1.25x 3.49x 1.65x 3.96x 1.68x 4.17x -0.79x -0.37x

(1) Gross debt excludes PPA impacts of R$23.3 million in Q3-23 and R$307.2 million in Q3-22, and exclude lease agreements
(2) Foreign currency debt hedging instruments, excluding mark-to-market effects
(3) Short-Term Investments excludes non current balances and Aesop figures marked as assets available for sale

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