Board of Directors

Fábio Colletti Barbosa is a member of the boards of directors of various organizations, including Ambev, Votorantim S.A. and CBMM. He joined Natura Cosméticos’ Board of Directors in 2017 and remained a member of Natura &Co Holding S.A.’s Board of Directors until 2023. Additionally, he was also a member of Natura &Co’s Audit, Strategic, People and Organizational Development, and Group Operational Committees, as well as the Corporate Governance Committee. In 2024, he returned to the Board of Directors, also assuming the leadership of the People and Organizational Development Committee, as well as a position as a member of the Sustainability and Strategic Committees. He also served as Chief Executive Officer of Natura &Co Holding S.A. between 2022 and 2025. Following the completion of the reverse incorporation of Natura &Co Holding S.A. by its then wholly-owned subsidiary, Natura Cosméticos, he assumed the position of Chairman of the Board of Directors of Natura Cosméticos. With a solid career in the financial sector, Fábio Barbosa was President of Banco ABN Amro Real, subsequently becoming President of Santander Brasil after its acquisition. Between 2007 and 2011, he presided over Febraban. From 2011 to 2015, he was President of Abril Mídia. Currently, he holds board positions in third-sector organizations, including Centro de Liderança Pública (CLP), UN Foundation (supporting the UN), and the UNICEF Advisory Board, among others. Fábio holds a degree in Business Administration from Fundação Getúlio Vargas and an MBA from the Institute for Management Development (IMD) in Lausanne, Switzerland. He is also recognized with awards such as Personality of the Year by the Brazilian-American Chamber of Commerce (2011) and Champion of the Earth by UNEP (2012). His performance and leadership have been highlighted in various awards, including recognition by the Worldfund for Education in 2017.

Antonio Luiz da Cunha Seabra founded Natura Cosméticos in 1969 and began his activities on the company’s Board of Directors in 1998. Since then, he has dedicated himself to the company’s construction and development. He started with a small store on Rua Oscar Freire, where he provided personalized consulting. Five years later, he expanded the reach of his message and products by adopting direct sales through consultants as Natura’s commercial model. With a background in economics, Luiz Seabra developed new products, languages, and messages for the beauty industry, gaining extensive experience in the consumer goods segment. He actively participated in transforming the organization into one of the largest cosmetics companies in the world, strongly committed to ethics and sustainability. Luiz Seabra served as Co-Chairman of the Board of Directors and a member of the Corporate Governance, Sustainability, and Products and Brands Committees of Natura &Co Holding S.A. In 2025, following the completion of the merge process of Natura &Co Holding S.A. by its wholly-owned subsidiary, he became a member of the Board of Directors and of the Corporate Governance, Sustainability, and Products and Brands Committees of Natura Cosméticos S.A.. In addition to being a Board Member of Instituto Natura, Luiz Seabra is the Chief Executive Officer of Vivavida Instituto de Ações Solidárias, an NGO that promotes solidarity actions and supports entities, movements, initiatives, projects, and programs focused on social assistance, education, and sustainable economic, social, and environmental development, valuing cultural expressions, income-generating activities, and conservation throughout the national territory.

Pedro Luiz Barreiros Passos, co-founder of Natura Cosméticos, joined the company’s Board of Directors in 1998. He currently serves as a member of its Board of Directors and of its Corporate Governance, Sustainability, and Products and Brands Committees. He also served as Co-Chairman of the Board of Directors of Natura &Co Holding S.A. and as a member of its Corporate Governance, Sustainability, and Products and Brands Committees. Pedro holds a degree in Production Engineering from the Polytechnic School of the University of São Paulo (USP), with an extension in Business Administration from Fundação Getúlio Vargas (FGV). Pedro currently holds positions in the following Private entities/organizations: (i) Board Member of IEDI (Private Institution); (ii) Board Member of Fundação Dom Cabral (Private Foundation); (iii) Board Member of Fundação SOS Mata Atlântica (Private Foundation); (iv) Board Member of AC Camargo (Private Foundation); (v) Board Member of Empresa Brasileira de Pesquisa e Inovação Industrial – EMBRAPII (Private Association); (vi) Board Member of Instituto Semeia (Civil Society Organization of Public Interest – OSC). He also serves in Public entities: (vii) Board Member of Fundação de Amparo à Pesquisa do Estado de S. Paulo – FAPESP (Public Foundation).

Guilherme Peirão Leal holds a degree in Business Administration from the University of São Paulo (USP) and completed an executive education program at FDC/INSEAD. He is a co-founder of Natura Cosméticos, a major shareholder, and currently serves as a member of its Board of Directors and of its Corporate Governance, Sustainability, and Products and Brands Committees. He also served as Co-Chairman of the Board of Directors of Natura &Co Holding S.A. and as a member of its Corporate Governance, Sustainability, and Products and Brands Committees. Additionally, he is a Board Member of Instituto Natura and the founder and Board Member of Dengo Chocolates, a privately owned organization established in 2017 with the purpose of building a fairer cocoa supply chain. In the 1990s, he participated in the creation and promotion of various social organizations, such as Instituto Ethos de Empresas e Responsabilidade Social. After 2000, he became deeply involved in several environmental institutions, including the Brazilian Biodiversity Fund (Funbio), WWF Brazil, and the UN Global Compact. In 2007, he was one of the founders of the Movimento Nossa São Paulo. Since 2008, he initiated the structuring of his socio-environmental work through Instituto Arapyaú, a private, non-partisan, and non-profit organization focused on fostering and incubating structured networks and initiatives to promote the country’s fair, inclusive, and low-carbon development. In the 2010 national elections, Guilherme Leal joined former Senator Marina Silva, then from the Green Party, as a Vice-Presidential candidate. Together, they received approximately 20 million votes. In 2012, he helped found the Rede de Ação Política pela Sustentabilidade (RAPS), a non-partisan institution dedicated to identifying, supporting, developing, and bringing together political leaders committed to ethical values and the construction of inclusive and sustainable development. In the same year, he joined The B-Team, a group of international leaders aiming to engage leaders worldwide to disseminate a new vision of business success, integrating social and environmental objectives with profits. Currently, Guilherme holds the following positions in other companies or third-sector organizations: (i) Member of the Board of Directors of Instituto Arapyaú de Educação e Desenvolvimento Sustentável (Institute) and (ii) Co-founder of The B-Team (Association).

João Paulo Brotto Gonçalves Ferreira holds a degree in Electrical Engineering from the University of São Paulo (USP) and an Executive MBA from the University of Michigan, in the United States. Within Natura &Co Holding S.A., he served as Executive Director for Latin America. Since 2016, he has been the Chief Executive Officer of Natura Cosméticos S.A., where he joined in 2009 as Vice President of Operations and Logistics. Throughout his career at Natura, he has held key positions, including Vice President of Networks, responsible for the Commercial Area and Channel Development, and leadership of International Operations and the Sustainability Area. Since 2025, he also serves as a Board Member of Natura Cosméticos S.A. Prior to his work at Natura, he accumulated 20 years of experience at Unilever, where he reached the position of Vice President of Supply Chain. In addition to his role at Natura, João Paulo is a member of the Natura Institute Board and, between 2021 and 2023, was an independent member of the Board of Directors of Infracommerce, a business digitalization solutions company.

Alessandro Giuseppe Carlucci holds a degree in Business Administration from FGV (Brazil-SP), an Executive MBA from PDG, and executive programs at Kellogg’s, Insead, and Wharton. Alessandro worked for 25 years at Natura Cosméticos S.A. and served as the company’s CEO from 2005 to 2014. He also served as a Senior Advisor at Avon International from 2024 to 2025, was Chairman of the Board of Arezzo & Co. from 2017 to 2024, was a board member of Rodan & Fields from 2022 to 2024, a board member of Lojas Renner from 2015 to 2017, a member of the Advisory Board of Itaú/Unibanco from 2013 to 2015, a member of the Advisory Board of Alcoa (Latin America) from 2012 to 2014, a board member of Redecard from 2010 to 2013, and Chairman of the World Federation of Direct Selling Associations (WFDSA) from 2011 to 2014. He is currently Chairman of the Board of Business for Social Responsibility (BSR), Executive-in-Residence at Columbia University (Business School), and Senior Fellow at NYU (Stern Business School), in addition to being Chairman of the Advisory Board of TowerBrook’s “Delta” Impact Fund.

Bruno de Araújo Lima Rocha is a member of the Board of Directors and of the Strategic and People and Organizational Development Committees at Natura Cosméticos S.A. He also served in these same positions at Natura &Co Holding S.A. between 2023 and 2025. Bruno holds a degree in Economics from PUC-RJ and is a co-founding partner of Dynamo, a Brazil-based company, since 1993. In 2005, he relocated to London, where he led the firm’s investment activities in international markets until early 2023. Prior to his tenure at Dynamo, he served as a partner at Banco Garantia from 1983 to 1992.

Gilberto Mifano holds a degree in Business Administration from FGV-SP (1972). He has served as an Independent Board Member of TOTVS S/A (listed company) since 2017 and of Pacaembu Construtora S/A since 2018, also coordinating the Audit Committees of both companies. Furthermore, he has been an Advisory Board Member for Pragma Patrimônio Ltda since 2009, a private equity firm. Between 1994 and 2008, he was CEO of BOVESPA and CBLC, subsequently becoming Chairman of the Board of Directors of BM&FBOVESPA from 2008 to 2009. Mr. Mifano also served as an Independent Board Member for Cielo S/A (2009-2021), SEB Educacional S/A, Isolux Infrastructure S/A, Baterias Moura S/A, Âmbar S/A, and as a member of the Sustainability Committee of Banco Santander Brasil S/A. Internationally, he was a member and Vice-Chairman of the executive committees of the WFE and FIAB for approximately 8 years. At Natura, he acted as a consultant to the Audit, Risk Management, and Finance Committee from 2009 to 2016, joining the Board of Directors in 2017. He was an Independent Board Member of Natura &Co Holding S.A., chairing the Audit, Risk Management, and Finance Committee. Following the completion of the company’s incorporation by its wholly-owned subsidiary, he assumed the same positions at Natura Cosméticos S.A.. Gilberto Mifano also holds the following positions: (i) Fiscal Council Member at the third-sector organization Instituto Arapyaú. In the past, he was (ii) Fiscal Council Member of Instituto Natura; (iii) Chairman of the Board of Directors of IBGC – Instituto Brasileiro de Governança Corporativa; (iv) Fiscal Council Member of CIEB – Centro de Inovação para a Educação (Institute); (v) Fiscal Council Member of Amigos da Poli (Institute); and (vi) Member of the Deliberative Council of RAPS – Rede de Ação Política pela Sustentabilidade (Institute).

Duda Kertész is a global executive with three decades of experience in the beauty, wellness, and health industry. She is currently the CEO of Advantice Health, a New Jersey, USA-based privately owned company with a portfolio of renowned brands in the skincare and OTC segments, including New Skin, AmLactin, Triple Paste, and Kerasal. She has over 25 years of leadership experience, helping companies transform vision into accelerated growth strategies and profitable results. In both executive and consulting roles, Duda has built and led multinational and multifunctional teams through a wide range of business challenges, including acquisitions, accelerated growth, startups, and restructurings. Before joining Advantice Health in 2024, Duda built a distinguished 25-year career at Johnson & Johnson Consumer Health. There, she served as President of U.S. Skin Health & Beauty, leading iconic brands such as Neutrogena®, Aveeno®, and Johnson’s®. During her tenure, Neutrogena® was revitalized to drive growth among younger consumers, with a greater focus on skin health, digital innovation, and e-commerce expansion, which grew from 7% to 20% of total revenue. Previously, she presided over U.S. HealthE, managing the unit of brands that included Listerine® and Band-Aid® in the United States. In Brazil, she had a remarkable trajectory at Johnson & Johnson Consumer, holding strategic roles as Marketing Director, Vice President of the Global Baby and Beauty Business Unit for Latin America, and subsequently as President of the company in the country, leading the Brazilian operation through a five-year period of accelerated growth. Duda is also an active advocate for diversity and inclusion, having founded the WLI Chapter for Latin America at J&J and participating in strategic diversity councils in North America. She was a founding member of the Mulheres do Brasil group, reinforcing her commitment to gender equity and inclusion in the corporate environment. Duda holds a degree in Business Administration from Fundação Getúlio Vargas (FGV) in São Paulo and a Certificate of Special Studies in Administration and Management from Harvard Extension School. She currently serves as a Board Member at CHPA – Consumer Healthcare Products Association and has also been part of executive boards and committees of organizations such as the association Personal Care Products Council (PCPC), the American Chamber of Commerce in Brazil, the non-profit organization Cosmetic Executive Women (CEW), and ABIHPEC, actively contributing to the development of the beauty and health industry. Her visionary leadership and commitment to innovation and excellence make her a reference in the health, beauty, and wellness sector.

Moacir Salzstein has a degree in chemical engineering from the Escola Politécnica da
Universidade de São Paulo and a postgraduate degree in business administration
and an MBA from Fundação Getúlio Vargas – FGV-SP. He serves as Corporate
Governance Officer at Natura Cosméticos S.A., having previously held the
position of Strategic Planning Officer for Natura Cosméticos S.A.. With a
diversified professional career, he has accumulated experience in companies
such as Monitor Group, Ultrapar, Dow /Union Carbide, Itaú, Jaakko Poyry and
Promon Engenharia. Since 2020, Moacir has served as an advisory advisor to
Samplemed/Grupo Samplemed from 2022 and 2024 and has been a guest professor at
IBGC – Brazilian Institute of Corporate Governance.