L'Oréal - 2018 Registration Document

Corporate Governance SUMMARY STATEMENT OF TRADING BY THE CORPORATE OFFICERS IN L’ORÉAL SHARES IN 2018

SUMMARY STATEMENT OF TRADING 2.7.

BYTHECORPORATEOFFICERS INL’ORÉALSHARES IN 2018

(Article 223-26 of the General Regulation of the Autorité des Marchés Financiers )

2

Description of the financial instrument

Person concerned

Nature of transaction Number of transactions

Total amount

Jean-Paul Agon Chairman and Chief Executive Officer

Equity securities

Sale

11

€17,303,494.20

Exercise of options under the SO plan of 27/04/2010

Exercise of stock options

3 1

€16,006,000.00

Equity securities

Acquisition

€0

Virginie Morgon Director Patrice Caine Director Georges Liarokapis Director

Equity securities

Acquisition

1

€152,278.00

Equity securities

Acquisition

1

€99,739.50

Employees Mutual Fund (FCPE) Employee shareholding plan Employee shareholding plan

Acquisition

1

€13,746.00

Acquisition

1

€12,474.00

Ana Sofia Amaral Director

Acquisition

1

€2,000.00

Françoise Bettencourt Meyers Director

Equity securities

Others*

1

€0

Transfer of 16,623 L’Oréal shares to Ms Françoise Bettencourt Meyers in connection with the estate of Ms Liliane Bettencourt. *

RISK FACTORS AND CONTROL ENVIRONMENT 2.8.

At the request of the Chairman and Chief Executive Officer the Group’s risks which aims at covering the main operational, and the Board of Directors, the Administration and Finance legal, industrial, environmental, economic and financial risks Division compiled the information contained in this Document and to present the Internal Control and risk management based on the different types of work carried out by procedures aimed at preventing them better and bringing departments working on Internal Control and management of them under control.

DEFINITION AND OBJECTIVES 2.8.1. OF INTERNAL CONTROL Reference work 2.8.1.1. For the preparation and drafting of this Document and the definition of Internal Control, L’Oréal used the Reference Framework and its application guide initially published in January 2007, and updated on 22 July 2010 by the Autorité des Marchés Financiers (AMF). Internal Control Objectives 2.8.1.2. In L’Oréal, Internal Control is a system that applies to the Company and its consolidated subsidiaries (“the Group”) and aims at ensuring that:

economic and financial targets are achieved in s compliance with the laws and regulations in force and the Group’s Ethical Principles and standards; the orientations set by General Management are followed; s the Group’s assets and reputation are valued and protected; s the Group’s financial and accounting information is reliable s and provides true and fair statements. By contributing to preventing and managing the risks to which the Group is exposed, the purpose of the Internal Control system is to enable the Group’s industrial and economic development to take place in a steady and sustainable manner in a control environment appropriate for the Group’s businesses. There are however limits inherent in any system and process. These limits result from a number of factors, in particular the uncertainties of the outside world or malfunctions that may occur due to technical or human failures.

REGISTRATION DOCUMENT / L'ORÉAL 2018

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