X0306 4 2020-01-03 0 0000008868 AVON PRODUCTS INC AVP 0001472194 Fernandez Calero Miguel Angel C/O AVON PRODUCTS, INC., 1 AVON PLACE SUFFERN NY 10901 0 1 0 0 Global President Common Stock 2020-01-03 4 J 0 100000 D 0 D Restricted Stock 2020-01-03 4 J 0 683407 D Common Stock 683407 0 D Stock Option (Right to Buy) 2020-01-03 4 J 0 915589 D Common Stock 915589 0 D In conjunction with Avon Products, Inc.'s ("Avon") merger with Natura Cosmeticos S.A. (the "Merger") that was completed on 01/03/2020 each share of Avon stock converted into the right to receive shares of Natura & Co. Holding. Each award of Avon Stock Options outstanding at the effective time of the Merger was canceled in exchange for the right to receive an amount in cash equal to the aggregate spread value of such award. 307,753 options had an exercise price of $3.44, 307,753 options had an exercise price of $3.49 and 300,083 options had an exercise price of $3.30. The closing price on the date of the Merger was $5.60. Ginny Edwards, Attorney-In-Fact 2020-01-07