Avon To Engage Investor Community With Appointment of New Head of Investor Relations

Amy Greene joins as Vice President,Investor Relations

LONDON,July 30,2018 --Avon Products,Inc. (NYSE: AVP),a global leader in direct selling of beauty products,today announced that Amy Greene has been appointed Vice President,Investor Relations,effective 13 August 2018. A seasoned financial communications professional,Amy led investor relations and corporate engagement at Herbalife Ltd. and GNC Holdings Inc. following a 10 year career publishing investment research on consumer products companies.

"We are pleased to have an investor relations professional of Amy's calibre join the Avon team," said CFO Jamie Wilson. "She brings 20years of experience in sell-side research and communications combined,a deep knowledge of capital markets and a strong network of relationships within the investment community. Further,Amy has a tremendous understanding of the direct selling industry and consumer products. We look forward to the value she will add in engaging analysts and investors with our plans to achieve sustainable,profitable growth."

Amy Greene brings two decades of experience as an industry analyst and as in-house investor relations executive.She built an award-winning investor relations programme at Herbalife Ltd. optimizing the investor base,during her tenure as Senior Vice President of Global Engagement and Senior Vice President of Investor,Government & Community Relations,as the company grew from a small to mid-cap business. Amy served as Vice President of Investor Relations & Government Relations at GNC Holdings Inc.,the global vitamin and supplements retailer,where she led the external engagement with investors,analysts and various Congressional offices and industry groups,to change the narrative around topics such as wellness and care.

Earlier in her career Amy spent more than 10 years as an equity analyst at Avondale Partners LLC and First Union Securities,covering the direct selling,personal care and restaurants and beverage sectors. Most recently she founded and served as Chief Strategy Officer of LAILA Strategic Consulting,an independent consulting company that assists corporate executives in designing and implementing investor and public affairs strategies. She received a BS in Politics from Randolph-Macon Women's College.

About Avon Products,Inc.

Avon is the Company that for 130 years has proudly stood for beauty,innovation,optimism and,above all,for women. Avon products include well-recognized and beloved brands such as ANEW,Avon Color,Avon Care,Skin-So-Soft,and Advance Techniques sold through approximately 6 million active independent Avon Sales Representatives. Learn more about Avon and its products at www.avoncompany.com.

Forward Looking Statements

This press release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995,including efforts to achieve profitable growth. Because forward-looking statements inherently involve risks and uncertainties,actual future results may differ materially from those expressed or implied by such forward-looking statements.These risks and uncertainties include,but are not limited to,the possibility of business disruption,competitive uncertainties,and general economic and business conditions in Avon's markets as well as the other risks detailed in Avon's filings with the Securities and Exchange Commission. Avon undertakes no obligation to update any statements in this press release for changes that happen after the date of this release.