LOREAL_Registration_Document_2017

2017 Consolidated Financial Statements* NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Net profit attributable to owners of the company (€ millions)

Earnings per share attributable to owners of the company (€)

Number of shares

2016

Earnings per share

3,105.8

559,190,339

5.55

Stock options Free shares

- -

2,677,722 2,641,074

- -

DILUTED EARNINGS PER SHARE

3,105.8

564,509,135

5.50

Net profit attributable to owners of the company (€ millions)

Earnings per share attributable to owners of the company (€)

Number of shares

2015

Earnings per share

3,297.4

557,351,236

5.92

Stock options Free shares

- -

4,480,499 3,059,653

- -

DILUTED EARNINGS PER SHARE

3,297.4 564,891,388

5.84

Earnings per share from continuing operations excluding non-recurring items 10.4.3. The tables below set out in detail earnings per share from continuing operations attributable to owners of the company excluding non-recurring items (excluding the dilutive impact of shares carrying preferential dividend rights, note 10.4.5.):

4

Net profit attributable to owners of the company excluding non-recurring items (€ millions)

Net profit attributable to owners of the company excluding non-recurring items (€)

Number of shares 559,233,644

2017

Earnings per share excluding non-recurring items

3,748.7

6.70

Stock options Free shares

- -

1,792,615 2,502,243

- -

Diluted earnings per share excluding non-recurring items

3,748.7 563,528,502

6.65

Net profit attributable to owners of the company excluding non-recurring items (€ millions)

Net profit per share attributable to owners of the company excluding non-recurring elements (€)

Number of shares

2016

Earnings per share excluding non-recurring items

3,619.6

559,190,339

6.47

Stock options Free shares

- -

2,677,722 2,641,074

- -

Diluted earnings per share excluding non-recurring items

3,619.6 564,509,135

6.41

Net profit attributable to owners of the company excluding non-recurring items (€ millions)

Net profit per share attributable to owners of the company excluding non-recurring items (€)

Number of shares

2015

Earnings per share excluding non-recurring items

3,436.2

557,351,236

6.17

Stock options Free shares

- -

4,480,499 3,059,653

- -

Diluted earnings per share excluding non-recurring items

3,436.2 564,891,388

6.08

Calculation of the number of shares 10.4.4. All potential ordinary shares are included in the calculation of earnings per share since all stock option plans have a dilutive impact on the periods presented. Diluted earnings per share including the impact of shares carrying preferential dividend 10.4.5. rights The table below shows the calculation of diluted earnings per payment date. The number of shares eligible for the share taking into account the 10% preferential dividend preferential dividend cannot exceed 0.5% of the share capital payable for 2017 on shares held continuously in registered for any one shareholder. form between 31 December 2015 and the 2018 dividend

REGISTRATION DOCUMENT / L'ORÉAL 2017

269