Avon is strongly committed to conducting its business in full compliance with all
applicable laws, rules and regulations in every country in which we do business,
including but not limited to those related to labor and employment; direct selling;
product labeling; advertising; improper payments and bribery; and antitrust and
competition. Laws affecting the operation of our business in every country have
grown in number and complexity. It is expected that associates will have a working
knowledge of permissible activities involved in their work.