background image
NATURA COSMÉTICOS S.A.
CNPJ/MF nº 71.673.990/0001-77 Publicly Held Company
NIRE 35.300.143.183
MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS
HELD ON JUNE 12, 2012

On June 12, 2012, at 6:00 p.m., at the Company's head office located in the City of Itapecerica da
Serra, State of São Paulo, at Rodovia Régis Bittencourt, s/nº, Km 293, Edifício I, all the members of
the Board of Directors of NATURA COSMÉTICOS S.A. met, having Mr. Pedro Luiz Barreiros
Passos as chairman of the meeting, in order to approve the guarantee to be given by the Company to
its subsidiary Indústria e Comércio de Cosméticos Natura Ltda. ("Indústria"), in the credit facility
agreements to be entered by and between Indústria and Banco Nacional de Desenvolvimento
Econômico e Social ­ BNDES, pursuant to the terms and condition set forth in the BNDES Decision
Dir. No. 426/2012 ­ BNDES, dated May 15, 2012, which is filed at the Company's head office. The
total amount of the financial collaboration for Indústria is of R$ 141,140,000.00 (one hundred, forty
one million, one hundred and forty thousand reais).
The officers of the Company are hereby authorized to take any and all necessary measures in order to
comply with the guarantee herein approved.
As there were no further matters to be discussed, these minutes were read, approved and executed by
all present.
Itapecerica da Serra, June 12, 2012.
PEDRO LUIZ BARREIROS PASSOS
Chairman of the Meeting
Co- Chairman of the Board
ANTONIO LUIZ DA CUNHA SEABRA
Co- Chairman of the Board

GUILHERME PEIRÃO LEAL
Co- Chairman of the Board

LUIZ ERNESTO GEMIGNANI
Director

JULIO MOURA NETO
Director

RAUL GABRIEL BEER ROTH
Director

MARCOS DE BARROS LISBOA
Director

PLÍNIO VILLARES MUSETTI
Director

ROBERTO OLIVEIRA DE LIMA
Director

MOACIR SALZSTEIN
Secretary of the Meeting