Statement from New Avon LLC

NEW YORK, March 15, 2016 -- Avon North America is not impacted by any of the recent actions announced by Avon Products, Inc. Avon Representatives and their customers in North America can rest assured that Avon remains in full operation in the United States. We can say with great confidence that the Avon they know and love will be here in the United States for generations to come.

Avon’s business in North America (US, Canada, Puerto Rico) operates as New Avon LLC, a privately held company majority owned by Cerberus Capital Management, LP. In North America, Avon is investing to grow its business, strengthen its broad network of Representatives and improve the customer experience.