L'Oréal - 2018 Registration Document

L’Oréal’s corporate social, environmental and societal responsibility POLICIES, PERFOR MANCE INDICATORS AND RESULTS

FOCUS ON L’ORÉAL EGYPT “L’Oréal Egypt is very proud of the work we have achieved and will continue to support Share & Care programme. We want L’Oréal Egypt to be a best-in-class company within the Egyptian market. That means we must continue to benchmark ourselves against other top employers to ensure that our employer value proposition and benefits are very competitive and well advan c ed.” Hossam SOLIMAN - HR Director, L’Oréal Egypt. Hossam SOLIMAN - HR Director, L’Oréal Egypt.The launch of the Share & Care programme in 2013 aimed at taking commitments to our employees in terms of social protection, health, parenthood and quality of life at work. L’Oréal Egypt quickly achieved all of the programme’s must-haves on the Protect pillar. In a very practical way, this has allowed eligible employees to benefit from full medical coverage as well as life insurance that can cover up to 24 months’ salary. On the Care pillar, the programme has achieved significant results. L’Oréal Egypt has given its employees the opportunity to benefit from access to gyms at competitive prices, and has organised numerous awareness actions such as stress and breast cancer prevention, and health checks. In 2018, the country implemented all of the commitments defined by the second phase of the programme on this pillar. In addition, in 2018, L’Oréal Egypt also held its first day dedicated to well-being. This gave employees the opportunity to participate in various activities focused on positive energy such as meditation, to better help preventing stress. In order to ensure transparency and reliability, the entire programme is regularly subject to measurement and assessment, in order to verify that it has been implemented in accordance with the objectives: self-assessment and definition of the action plan through a s reporting tool: the Follow-up-Tool, completed by each country annually; internal audit: Internal Audit plans in the countries contain s detailed verification of the programme’s implementation; external audit: certain key indicators are audited within the s scope of the annual external audit. The assessment tools of L’Oréal’s Share & Care programme

In 2015, on the Balance pillar, maternity leave was extended from 13 to 14 fully paid weeks. The programme has also been enriched with childcare services, such as a list of nurseries with discounted rates. In addition, a one-day event dedicated to employees’ family will be launched before 2020 to contribute to the variety of actions on this pillar. On the Enjoy pillar – or quality of life at work– L’Oréal Egypt has made its offices accessible to employees with disabilities. In addition, ergonomic trainings at work are organised annually. In 2015, quarterly “What You Need To Know” meetings were launched to share the latest business results in all divisions, to promote information sharing, participation and employee engagement. L’Oréal Egypt regularly reviews its Share & Care programme to ensure that its employees receive the best quality services – in line with the level offered by the most advanced companies in the country – in each pillar of the programme.

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academics, trade union officials or members of international organisations. Since 2014, the Advisory Board has met annually with the aim of providing support for developments in the L’Oréal Share & Care programme over the coming years, accordingly making a big contribution to the second stage of the programme, launched in January 2017. The International Labour Organisation associated with the L’Oréal Share & Care programme Preparation of the L’Oréal Share & Care programme attracted the attention of the ILO (International Labour Organization) in the context of its study on the contribution by large companies to broader social protection all over the world. A close collaboration was developed and enabled the ILO to launch the Global Business Network for Social Protection Floor in October 2015 which aims to act collectively and mobilise companies in order to create a basic set of social protection measures for everyone. L’Oréal is a founding member of this new business network created by the ILO to promote social protection all over the world.

The Advisory Board for the L’Oréal Share & Care programme

In order to cast a critical eye over the programme, to provide an analysis of the main social trends and to study best practices in the major regions of the world, L’Oréal has set up an Advisory Board chaired by the Executive Vice-President Human Relations, and composed of personalities from outside the Group representing different geographic zones, and consisting of

REGISTRATION DOCUMENT / L'ORÉAL 2018

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