L'Oréal - 2018 Registration Document

Corporate Governance REMUNERATION OF THE EXECUTIVE OFFICERS

2018 NON-FINANCIAL OBJECTIVES (40% OF TOTAL ANNUAL VARIABLE REMUNERATION)

CSR CRITERIA THE SHARING BEAUTY WITH ALL PROGRAMME

2018 RESULTS 2017 RESULTS The Sharing Beauty With All programme was launched in October 2013 by Mr Jean-Paul Agon. It structures the Group’s CSR strategy and sets ambitious targets to be met by 2020. This project consists of 4 pillars, for which the 2018 achievements are set out in detail in chapter 3 (see pararagraph 3.4) “Innovating Sustainably” Improved environmental or social benefit for 100% of our s products. 79% of new products that have been screened have an improved s environmental or social profile. 76% “Producing Sustainably” (plants and distribution centres) -60% CO 2 emissions s Reduction of our environmental footprint by ( versus 2005): -77% CO 2 emissions s -48% water consumption s

2

-73% -48% -37%

-60% water consumption s -60% waste generation s

-37% waste generation by plants and distribution. The objective s was met to send 0% of waste from plants and distribution centres to landfill.

“Living Sustainably” Each brand will have assessed its environmental and social s footprint. Each brand will have reported on its progress and associated s consumers with its commitments. “Developing Sustainably” With employees (L’Oréal Share & Care programme) 100% of s L’Oréal employees around the world will have access to healthcare and social protection in 2020.

88% of brands have evaluated their impact. s

91%

57% of the brands have carried out an action to raise awareness s among consumers.

46%

96% of the Group’s permanent employees have access to s healthcare coverage reflecting the best practices in their country of residence. 93% of the Group’s permanent employees benefit from financial s protection in the event of unexpected life events, such as death or total permanent disability. 93% of the Group's strategic suppliers carried out a s self-assessment of their Sustainable Development policy. Access to work for 63,584 people. s 31% of Executive Committee members are women (11 men and 5 s women) 45% of key positions held by women. s France: 5 th place in the 2018 “Féminisation des Instances s dirigeantes” ranking (French Ministry of health, social affairs and women’s rights on women in management bodies). Grand Prix de la Mixité CAC40 (Diversity Awards) awarded by the Institute of Responsible Capitalism and Ethics & Boards Worldwide: 1 st place in Equileap Europe 2018 ranking (first ranking s of companies worldwide on compliance with parity criteria) 2018 RESULTS

96%

92%

With strategic suppliers. s

87%

With communities. s

53,505

HUMAN RESOURCES CRITERIA

2017 RESULTS

Gender Balance Improving gender parity, in particular at the level of senior s management positions.

33% (10m / 5w)

45% 2 nd place

N°1 World

Talent Development Positive policy results for the recruitment of both experienced s and more junior talented employees, and talent development all over the world, in order to favour the emergence of local talent. Attractive, targeted, digital employer communication. s Access to training 100% of employees will receive training once a year starting s in 2020.

N°12 in the Universum global ranking (business schools). s

N°8 worldwide

1.28 million

Strong presence on social networks: 1.67 million followers on s LinkedIn. Digital sourcing has become the first source of recruitment.

88% of employees received training in 2018. s Over 184,000 hours of digital training

78% 170,000 hours

REGISTRATION DOCUMENT / L'ORÉAL 2018

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