Introduction

The presentation includes the following division of business units:

• Natura &Co Latin America, which encompasses the Natura and Avon brands, as well as the master franchised regional operation of The Body Shop.
• Avon International, which includes all markets served by the brand outside Latin America.

This integrated report covers the period from January 1st to December 31st, 2023 and is constructed based on international performance disclosure parameters, including the Global Reporting Initiative (GRI) Standards, according to the International Integrated Reporting Framework (<IR>)¹, the SASB Standards of the IFRS Foundation, and the guidelines of the Task Force on Climate-related Financial Disclosures (TCFD). We also align our actions with the Ten Principles of the United Nations Global Compact and the Sustainable Development Goals (SDGs). Additionally, we are committed to complying with the Task Force on Nature-related Financial Disclosures (TNFD), focused on biodiversity and ecosystems.

We are preparing for the adoption of the IFRS Sustainability Financial Disclosure Standards (S1 and S2) in the coming years, in compliance with the schedule provided by the Brazilian Securities and Exchange Commission (CVM). We also prioritize transparency in relevant environmental, social, and governance (ESG) indices and ratings, such as the Dow Jones Sustainability Index (DJSI).

The content of this report is divided into four sections. The first presents the unified results from the year for Natura &Co Holding. The second and third sections respectively report on projects and indicators of the Natura &Co Latin America and Avon International business units, and the fourth section presents the results from Fable Investments.

The topics addressed in this report are aligned with our materiality matrix, updated in 2022 under the concept of double materiality. Another key reference is our business strategy and sustainability agenda, reflected in our Commitments to Life, our regeneration-oriented strategy and other causes and activities of our brands.

Our Integrated Report follows the same periodicity as the company's financial report. The financial and sustainability analysis includes data from two business units, Natura &Co Latin America and Avon International. We maintain consistency throughout the report by not adjusting data for minority interests and clearly specifying scope differences in footnotes. Natura &Co's leadership administrators are responsible for ensuring the completeness and integrity of this Integrated Report, as well as the application of collective thinking and the principles of the <IR> Framework in this document.

To ensure transparency and comprehensiveness, we reference other data sources in this report that complement our performance communication, including Consolidated Financial Statements for 2023 Natura &Co, Management Reports, the Natura &Co Sustainability Compendium, Data Book Latin America, and the Latin America ESG Scorecard.

This report has undergone external verification by KPMG to ensure adherence to the principles of Integrated Reporting of the IFRS Foundation and the indicators and guidelines of the Global Reporting Initiative (GRI), in accordance with ISAE 3000. GRI 2-5