L'Oréal - 2018 Registration Document

Corporate Governance REMUNERATION OF THE MEMBERS OF THE BOARD OF DIRECTORS

AMOUNT OF ATTENDANCE FEES ALLOCATED (€)

2018 7 Board meetings (of which 6 with pay) 16 Committee meetings

2017 7 Board meetings (of which 6 with pay) 18 Committee meetings

Directors

Mr Jean-Paul Agon Ms Ana Sofia Amaral Ms Sophie Bellon

0

0

80,500 134,250 77,500 107,000 50,020 63,250 25,800 19,000 78,775 94,000 84,000 94,000 107,000 94,000 130,000 81,500

79,000 114,000 84,000 80,000

2

Ms Françoise Bettencourt Meyers

Mr Paul Bulcke

Mr Patrice Caine (1) Mr Axel Dumas (1)

- -

Mr Charles-Henri Filippi (1)

124,000 84,000 71,300 94,000 84,000 94,000 104,000 94,000 119,000 62,000

Mr Xavier Fontanet (1)

Ms Belén Garijo

Ms Béatrice Guillaume-Grabisch

Mr Bernard Kasriel

Mr Georges Liarokapis Mr Jean-Pierre Meyers Mr Jean-Victor Meyers Ms Virginie Morgon (2) Ms Eileen Naughton (2)

TOTAL

1,320,595

1,287,300 (3)

Directors whose term of office began or ended during the 2018 financial year. (1) Amount per Board meeting, increased to account for intercontinental travel for Directors located outside Europe. (2) This amount does not include the attendance fees paid to Directors whose term of office ended in 2017. (3)

RULES FOR ALLOCATION IN RESPECT OF THE 2019 FINANCIAL YEAR 2.4.3. With the goal of maintaining the attractiveness of serving on the Board, particularly taking into consideration the intercontinental travel involved, and to compensate the Directors for participating in additional Board meetings, the maximum annual amount of the attendance fees was increased to €1,600,000 beginning in 2018.

The Board of Directors decided to renew for 2019 the procedures for distributing the Directors’ attendance fees applied for the 2018 year, as part of the €1,600,000 budget voted in by the Annual General Meeting of 17 April 2018.

REGISTRATION DOCUMENT / L'ORÉAL 2018

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