X0306 4 2019-12-31 0 0000008868 AVON PRODUCTS INC AVP 0001377480 Armario Jose C/O AVON PRODUCTS, INC. 1 AVON PLACE SUFFERN NY 10901 1 0 0 0 Deferred Stock Units 2019-12-31 4 A 0 3323.29 5.642 A Common Stock 3323.29 100215.452 D Under the Board of Directors of Avon Products, Inc. Deferred Compensation Plan (the "Plan") directors may defer receipt of quarterly fees into a cash account or an Avon stock unit account. All amounts deferred are paid in cash upon termination of services as a director. Units correspond 1-for-1 with common stock. Pursuant to the Plan, the number of stock units credited quarterly is determined by dividing deferred quarterly fees by the average closing price of Avon stock during the last 10 trading days of such quarter. Ginny Edwards, Attorney-In-Fact 2020-01-03