L'Oréal - 2018 Registration Document

Stock Market Information Share capital THE L’ORÉAL SHARE/L’ORÉAL SHARE MARKET

Ten-year evolution of a portfolio of approximately €15,000 invested in L’Oréal shares 6.5.2.2.2. with reinvestment of dividends

Number of shares after the transaction

Date of transaction Nature of transaction

Investment (€)

Income (€)

31.12.2008 24.04.2009

Purchase of 241 shares at €62.30

15,014.30

241 241 248 248 253 253 259 259 265 265 270 270 276 276 281 281 287 287 293 293 299

Dividend: €1.44 per share

347.04

Reinvestment: purchase of 7 shares at €52.02

364.14

05.05.2010

Dividend: €1.50 per share

372.00

Reinvestment: purchase of 5 shares at €76.77

383.85

04.05.2011

Dividend: €1.80 per share

455.40

Reinvestment: purchase of 6 shares at €85.79

514.74

03.05.2012

Dividend: €2.00 per share

518.00

Reinvestment: purchase of 6 shares at €92.84

557.04

10.05.2013

Dividend: €2.30 per share

609.50

Reinvestment: purchase of 5 shares at €134.05

670.25

05.05.2014

Dividend: €2.50 per share

675.00

Reinvestment: purchase of 6 shares at €123.90

743.40

07.05.2015

Dividend: €2.70 per share

745.20

Reinvestment: purchase of 5 shares at €168.60

843.00

03.05.2016

Dividend: €3.10 per share

871.10

Reinvestment: purchase of 6 shares at €157.80

946.80

03.05.2017

Dividend: €3.30 per share

947.10

Reinvestment: purchase of 6 shares at €184.55

1,107.30

27.04.2018

Dividend: €3.55 per share

1,040.15

Reinvestment: purchase of 6 shares at €196.90

1,181.40 22,326.22 15,745.73

TOTAL

6,580.49

TOTAL NET INVESTMENT

Portfolio value at 31.12.2018 (299 shares at €201.20, price at 31.12.2018): €60,158.80 The initial capital has thus been multiplied by 4 over 10 years (10-year inflation rate = 9.23% – Source INSEE) and the final capital is 3.82 times the total net investment.

The Total Shareholder Return of the investment is thus 14.65% per year (assuming that the shares are sold on 31 December 2018, excluding tax on capital gains). Note: Any income tax that may be paid by the investor as a result of the successive dividend payments is not taken into account.

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REGISTRATION DOCUMENT / L'ORÉAL 2018

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