Natura Taps Advent for Up to 10% Stake as Founders Move to Advisory Council

Overview

• Advent’s Lotus fund agreed to buy 8% to 10% of Natura shares in the secondary market at an average price of R$9.75 within six months.
• If Advent reaches at least 8%, it can nominate two directors and join advisory committees, with the board allowed to expand to up to ten seats.
• Natura proposed a fully refreshed board for a two-year term with Alessandro Carlucci as chair and a slate that keeps CEO João Paulo Ferreira and adds new members.
• Founders Luiz Seabra, Guilherme Leal, and Pedro Passos, along with outgoing chair Fábio Barbosa, will leave the board for a statutory advisory council with no decision power.
• Major shareholder blocs signed a new 10‑year agreement that leaves their stakes unchanged and signals long‑term support for the company’s next phase.