Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-22

Coty Inc (COTY)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$19,691,333
Sue Nabi total, FY2025
75th
CEO pay percentile vs peers
412:1
CEO-to-median pay ratio
76.07%
Say-on-pay support, latest vote
Companies that benchmark against COTY
7 companies name COTY as a compensation peer

Each company listed discloses COTY in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named COTY in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Sue Nabi$3,529,800$0$16,041,664$0$0$0$119,869$19,691,333
Chief Executive Officer
Laurent Mercier903,2120861,823000102,0021,867,036
Chief Financial Officer
Kristin Blazewicz850,1000665,95000053,6021,569,652
Chief Legal Officer and General Counsel
Anna von Bayern866,4870470,085000105,3151,441,887
Chief Corporate Affairs Officer
Priya Srinivasan512,3100475,82900088,4041,076,543
Chief People and Purpose Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Sue Nabi$19,691,333$7,250,579$149,429,486+12,440,754
Laurent Mercier1,867,0368,193,4422,583,217−6,326,406
Kristin Blazewicz1,569,6526,429,6153,483,988−4,859,963
Anna von Bayern1,441,8875,121,1033,507,237−3,679,216
Priya Srinivasan1,076,5431,173,672−97,129

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Laurent MercierRSU2024-10-19111,925$861,823
Priya SrinivasanRSU2024-10-1961,796475,829
Kristin BlazewiczRSU2024-10-1986,487665,950
Sue NabiRSU2024-09-012,083,33319,541,664
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Laurent Mercier$861,823$0$00.0%
Priya Srinivasan475,829000.0%
Kristin Blazewicz665,950000.0%
Sue Nabi19,541,664000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Anna von BayernRSU259,463$1,206,503
Anna von BayernRSU203,938948,312
Laurent MercierRSU86,487402,165
Kristin BlazewiczRSU61,050283,883
Sue NabiRSU475,6822,211,921
Sue NabiRSU2,083,3339,687,498
Kristin BlazewiczRSU367,5701,709,201
Kristin BlazewiczRSU203,938948,312
Laurent MercierRSU126,582558,606
Kristin BlazewiczRSU86,487402,165
Anna von BayernRSU30,898143,676
Priya SrinivasanRSU21,876101,723
Sue NabiRSU8,854,16741,141,877
Priya SrinivasanRSU14,58467,816
Sue NabiRSU111,925520,451
Priya SrinivasanRSU4,74122,046
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation programs for our NEOs are designed to attract, retain, motivate and reward leaders who create value for the Company and its stockholders. Accordingly, the Company seeks to provide competitive compensation with components that: pay for performance by rewarding executives for leadership excellence and financial performance in line with the Company's strategic goals; and align executives interests and risk orientation with the Company's business goals and the interests of the Company's stockholders.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)
Independent consultantWillis Towers Watson
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-11-06520,390,602163,664,273389,41076.07%Passed
20242024-11-07665,312,33039,321,543737,15094.42%Passed
20232023-11-02529,900,139181,871,184753,98674.45%Passed
20222022-11-03590,354,580168,839,178266,06977.76%Passed
20212021-11-04583,314,034170,206,0811,432,82977.41%Passed
20202020-11-03662,456,178131,789,454442,48083.41%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-11-0676.07%a
20242024-11-0794.42%b
20232023-11-0274.45%c

a. Approved under the standard stated in the filing — “However, because broker non-votes and abstentions are not considered votes "cast" under 57 Delaware law, they will have no effect on the approval of Proposals 1, 2 and 3, except where brokers may exercise their discretion on routine matters, as discussed above.”.

b. Approved under the standard stated in the filing — “However, because broker non-votes and abstentions are not considered votes "cast" under 6 Delaware law, they will have no effect on the approval of Proposals 1, 2 and 3, except where brokers may exercise their discretion on routine matters, as discussed above.”.

c. Approved under the standard stated in the filing — “However, because broker non-votes and abstentions are not considered votes "cast" under Delaware law, they will have no effect on the approval of Proposals 1, 2 and 4, except where brokers may exercise their discretion on routine matters, as discussed above.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)412 : 1
CEO total compensation$19,691,333
Median employee compensation$47,840
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Peter HarfIndependent · Board Chair$250,000$324,000$0$0$574,000
Robert SingerIndependent · Audit and Finance Committee (Chair) · Remuneration and Nomination Committee150,000180,00000330,000
Johannes HuthIndependent · Departed during FY150,000180,00000330,000
Beatrice BalliniIndependent · Lead Independent Director · Remuneration and Nomination Committee (Chair)150,000180,00000330,000
Joachim CreusNot independent120,000180,00000300,000
Olivier GoudetIndependent · Not standing for re-election120,000180,00000300,000
Lubomira RochetIndependent · Remuneration and Nomination Committee · Not standing for re-election120,000180,00000300,000
Isabelle ParizeIndependent · Audit and Finance Committee120,000180,00000300,000
Gordon von BrettenNot independent120,000180,00000300,000
Maria Asuncion Aramburuzabala LarreguiIndependent · Remuneration and Nomination Committee · Departed during FY120,000180,00000300,000
Anna Adeola MakanjuIndependent · Audit and Finance Committee120,000180,00000300,000
Sue NabiEmployee director00000
Frank EngelenNot independent · Newly elected00000
09

Board fee structure and ownership guideline

Annual cash retainer
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)120,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,540,000
Equity awards (grant-date value)$2,124,000
All other compensation$0
Total cost of the board$3,664,000

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

CL Colgate-Palmolive Company PuigKVUE Kenvue KeringBDRFF BeiersdorfUL Unilever PLCPG The Procter and Gamble Company Sephora (a subsidiary of LVMH)ULTA Ulta Beauty, Inc. LVMH Moet Hennessy - Louis Vuitton SE
10a

Peer reciprocity

Of the companies Coty Inc names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Coty Inc.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1The Procter and Gamble Company2025Jon Moeller$1,637,500$11,519,645$6,562,515$0$21,909,816
2Coty Inc2025Sue Nabi3,529,80016,041,6640019,691,333
3Colgate-Palmolive Company2025Noel Wallace1,500,0008,005,1523,570,0162,455,95016,478,196
4Ulta Beauty, Inc.2025Kecia Steelman1,350,0034,792,8774,792,5564,383,97215,403,663
5Kenvue2025Kirk Perry566,3462,691,6832,509,60707,494,081
Beiersdorfnot in coverage universe
Unilever PLCnot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Coty Incnot disclosednot disclosedNoWillis Towers Watson
Beiersdorfnot disclosednot disclosednot disclosednot disclosed
Colgate-Palmolive Company93.6%PSU 50 · Options 30 · RSU 20NoFW Cook
Kenvue65.1%PSU 50 · Options 30 · RSU 20NoSemler Brossy
The Procter and Gamble Company57%PSU 50Yes — Relative TSR MultiplierMeridian Compensation Partners, LLC
Ulta Beauty, Inc.180.41%Options 50 · RSU 50not disclosedWillis Towers Watson
Unilever PLCnot disclosednot disclosednot disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Sue NabiDEF 14A2025-09-300001024305-25-000058Section “Summary Compensation Table”. As printed: 19,691,333. Filing ↗machine: r2 · c51 · span 651166–651176
2Section 01, Laurent MercierDEF 14A2025-09-300001024305-25-000058Section “Summary Compensation Table”. As printed: 1,867,036. Filing ↗machine: r6 · c51 · span 661821–661830
3Section 01, Kristin BlazewiczDEF 14A2025-09-300001024305-25-000058Section “Summary Compensation Table”. As printed: 1,569,652. Filing ↗machine: r10 · c51 · span 671322–671331
4Section 01, Anna von BayernDEF 14A2025-09-300001024305-25-000058Section “Summary Compensation Table”. As printed: 1,441,887. Filing ↗machine: t26 · r14 · c23 · span 681950–681959
5Section 01, Priya SrinivasanDEF 14A2025-09-300001024305-25-000058Section “Summary Compensation Table”. As printed: 1,076,543. Filing ↗machine: r18 · c51 · span 691600–691609
6Section 03, Laurent Mercier RSUDEF 14A0001024305-25-000052Section “Fiscal Year 2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t29 · r6 · c10 · span 723877–723884
7Section 03, Priya Srinivasan RSUDEF 14A0001024305-25-000052Section “Fiscal Year 2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t29 · r12 · c10 · span 735419–735425
8Section 03, Kristin Blazewicz RSUDEF 14A0001024305-25-000052Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t26 · r10 · c10 · span 669623–669630
9Section 03, Sue Nabi RSUDEF 14A0001024305-25-000052Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t29 · r4 · c16 · span 720822–720832
10Section 07, pay ratioDEF 14A2025-09-260001024305-25-000052Section “CEO Pay Ratio”. As printed: 412 : 1. Filing ↗machine: span 888909–888912
11Section 08, Peter HarfDEF 14A2025-09-300001024305-25-000058Section “Director Compensation”. As printed: 574,000. Filing ↗machine: t8 · r6 · c13 · span 326894–326901
12Section 08, Robert SingerDEF 14A2025-09-300001024305-25-000058Section “Director Compensation”. As printed: 330,000. Filing ↗machine: t8 · r11 · c13 · span 338862–338869
13Section 08, Johannes HuthDEF 14A2025-09-300001024305-25-000058Section “Director Compensation”. As printed: 330,000. Filing ↗machine: t8 · r7 · c13 · span 329278–329285
14Section 08, Beatrice BalliniDEF 14A2025-09-300001024305-25-000058Section “Director Compensation”. As printed: 330,000. Filing ↗machine: t8 · r3 · c13 · span 319777–319784
15Section 08, Joachim CreusDEF 14A2025-09-300001024305-25-000058Section “Director Compensation”. As printed: 300,000. Filing ↗machine: t8 · r4 · c13 · span 322150–322157
16Section 08, Olivier GoudetDEF 14A2025-09-300001024305-25-000058Section “Director Compensation”. As printed: 300,000. Filing ↗machine: t8 · r5 · c13 · span 324524–324531
17Section 08, Lubomira RochetDEF 14A2025-09-300001024305-25-000058Section “Director Compensation”. As printed: 300,000. Filing ↗machine: t8 · r10 · c13 · span 336489–336496
18Section 08, Isabelle ParizeDEF 14A2025-09-300001024305-25-000058Section “Director Compensation”. As printed: 300,000. Filing ↗machine: t8 · r9 · c13 · span 334102–334109
19Section 08, Gordon von BrettenDEF 14A2025-09-300001024305-25-000058Section “Director Compensation”. As printed: 300,000. Filing ↗machine: t8 · r12 · c13 · span 341280–341287
20Section 08, Maria Asuncion Aramburuzabala LarreguiDEF 14A2025-09-300001024305-25-000058Section “Director Compensation”. As printed: 300,000. Filing ↗machine: t8 · r2 · c13 · span 317342–317349
21Section 08, Anna Adeola MakanjuDEF 14A2025-09-300001024305-25-000058Section “Director Compensation”. As printed: 300,000. Filing ↗machine: t8 · r8 · c13 · span 331668–331675
22Section 08, Sue NabiDEF 14A2025-09-300001024305-25-000058Section “Director Compensation”. As printed: 0. Filing ↗
23Section 08, Frank EngelenDEF 14A2025-09-300001024305-25-000058Section “Director Compensation”. As printed: 0. Filing ↗
24Section 06, 2025 voteForm 8-K2025-11-120001024305-25-000068Item 5.07 · say-on-pay result. As reported: 76.07% (votes for as printed: 520,390,602). Filing ↗
25Section 06, 2024 voteForm 8-K2024-11-070001024305-24-000076Item 5.07 · say-on-pay result. As reported: 94.42% (votes for as printed: 665,312,330). Filing ↗
26Section 06, 2023 voteForm 8-K2023-11-080001024305-23-000103Item 5.07 · say-on-pay result. As reported: 74.45% (votes for as printed: 529,900,139). Filing ↗
27Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
28Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
29Section 09b board cost (computed)ComputedcomputedCash 1,540,000 + equity 2,124,000 + all other 0 = 3,664,000, summed across the director compensation table rows.machine: formula: Σ = 3,664,000
30The Procter and Gamble Company, Section 10b CEO totalDEF 14A2025-08-290001193125-25-191749CEO total compensation as printed in The Procter and Gamble Company's own proxy. As printed: 21,909,816. Filing ↗machine: t160 · r6 · c44 · span 892224–892234
31Coty Inc (subject), Section 10b CEO totalDEF 14A2025-09-300001024305-25-000058CEO total compensation as printed in Coty Inc's own proxy. As printed: 19,691,333. Filing ↗machine: r2 · c51 · span 651166–651176
32Colgate-Palmolive Company, Section 10b CEO totalDEF 14A2026-03-250001308179-26-000136CEO total compensation as printed in Colgate-Palmolive Company's own proxy. As printed: 16,478,196. Filing ↗machine: t137 · r1 · c18 · span 723853–723863
33Ulta Beauty, Inc., Section 10b CEO totalDEF 14A2026-04-220001104659-26-046308CEO total compensation as printed in Ulta Beauty, Inc.'s own proxy. As printed: 15,403,663. Filing ↗machine: t216 · r7 · c24 · span 1201446–1201456
34Kenvue, Section 10b CEO totalDEF 14A2026-04-080001944048-26-000085CEO total compensation as printed in Kenvue's own proxy. As printed: 7,494,081. Filing ↗machine: t147 · r2 · c9 · span 1957777–1957786
35Section 10a, The Procter and Gamble Company reciprocityDEF 14A0001193125-25-191749The Procter and Gamble Company's most recent proxy was read; its disclosed peer group does not include Coty Inc. Filing ↗
36Section 10a, Ulta Beauty, Inc. reciprocityDEF 14A0001104659-26-046308Ulta Beauty, Inc.'s most recent proxy was read; its disclosed peer group does not include Coty Inc. Filing ↗