LOREAL_Registration_Document_2017

6 Stock Market Information Share capital INFORMATION CONCERNING THE SHARE CAPITAL*

Since 22 June 2013, the Board of Directors no longer has an authorisation to allocate stock options to purchase or subscribe for shares. At 31 December 2017, 2,233,775 share subscription options had been allocated and not yet exercised. All these options are exercisable on the basis of one new share per option, and are therefore liable to lead to the creation of the same number of shares. Furthermore, 3,650,290 conditional shares had been

granted to Group employees subject to performance conditions, not yet met. Out of these, 3,650,290 shares will be created when necessary and, where applicable, by capitalisation of reserves. Accordingly, the potential share capital of the Company amounts to €113,280,630.60, divided

into 566,403,153 shares with a par value of €0.20.

The Company has not issued any securities which grant indirect entitlement to shares in the capital.

CHANGES IN THE SHARE CAPITAL OVER THE LAST FIVE YEARS 6.2.3.

Amount of the share capital on completion of the transaction €121,762,165.40

Amount of the change in share capital

Number of shares created or cancelled

Number of shares after the transaction 608,810,827

Date

Nature of transaction

Share premiums

31.12.2012 01.01 to 10.02.2013 11.02.2013 11.02 to 25.03.2013 26.03.2013 26.03 to 26.05.2013 27.05.2013 27.05 to 29.11.2013 29.11.2013 30.11 to 31.12.2013 01.01 to 27.04.2014 28.04.2014 29.04 to 07.07.2014 08.07.2014 09.07 to 31.12.2014 01.01 to 01.03.2015 02.03.2015 02.03 to 21.04.2015 22.04.2015 22.04 to 31.12.2015 01.01 to 30.06.2016 30.06.2016 01.07 to 12.07.2016 13.07.2016

Exercise of share subscription options

€115,508.80 €48,046,701.36 €121,877,674.20

577,544 609,388,371 -5,077,250 604,311,121

Cancellation of shares -€1,015,450.00

€120,862,224.20

Exercise of share subscription options

€154,620.00 €62,560,063.50 €121,016,844.20

773,100 605,084,221 237,800 605,322,021

Conditional grant of shares

€47,560.00

€121,064,404.20

Exercise of share subscription options

€105,598.00 €42,689,529.48 €121,170,002.20

527,990 605,850,011

Conditional grant of shares

€80.00

€121,170,082.20

400 605,850,411

Exercise of share subscription options

€422,853.40 €132,489,663.04 €121,592,935.60

2,114,267 607,964,678 -4,031,391 603,933,287

Cancellation of shares -€806,278.20

€120,786,657.40

Exercise of share subscription options

€393,720.00 €136,453,362.00 €121,180,377.40

1,968,600 605,901,887

Exercise of share subscription options

€160,065.40 €47,381,984.35 €121,340,442.80

800,327 606,702,214 389,300 607,091,514

Conditional grant of shares

€77,860.00

€121,418,302.80

Exercise of share subscription options

€243,377.00 €74,294,609.14 €121,661,679.80

1,216,885 608,308,399

Cancellation of shares -€9,700,000.00

€111,961,679.80 -48,500,000 559,808,399

Exercise of share subscription options

€284,398.00 €93,932,388.88 €112,246,077.80

1,421,990 561,230,389

Exercise of share subscription options

€197,786.40 €63,711,066.62 €112,443,864.20

988,932 562,219,321

Conditional grant of shares

€90.00

€112,443,954.20

450 562,219,771

Exercise of share subscription options

€62,240.80 €20,382,327.94 €112,506,195.00

311,204 562,530,975 -2,905,000 559,625,975

Cancellation of shares -€581,000.00

€111,925,195.00

Exercise of share subscription options

€671,474.60 €253,534,790.22 €112,596,669.60

3,357,373 562,983,348

Exercise of share subscription options

€226,538.40 €89,132,049.59 €112,823,208.00

1,132,692 564,116,040 -3,202,500 560,913,540

Cancellation of shares -€640,500.00

€112,182,708.00

Exercise of share subscription options

€9,974.00 €3,995,962.20 €112,192,682.00

49,870 560,963,410 1,025 560,964,435

Conditional grant of shares

€205.00

€112,192,887.00

14.07.2016 to 31.12.2016 01.01.2017 to 02.05.2017

Exercise of share subscription options

€178,261.20 €69,671,555.92 €112,371,148.20

891,306 561,855,741

Exercise of share subscription options

€136,585.00 €49,890,155.95 €112,507,733.20

682,925 562,538,666

03.05.2017

Conditional grant of shares

€25.00

€112,507,758.20

125 562,538,791

03.05.2017 to 31.05.2017

Exercise of share subscription options

€38,323.60 €16,191,514.77 €112,546,081.80

191,618 562,730,409 -2,846,604 559,883,805

31.05.2017

Cancellation of shares -€569,320.80

€111,976,761.00

01.06.2017 to 30.06.2017

Exercise of share subscription options

€16,641.00 €6,033,441.35 €111,993,402.00

83,205 559,967,010 250 559,967,260

30.06.2017

Conditional grant of shares

€50.00

€111,993,452.00

01.07.2017 to 31.12.2017

Exercise of share subscription options

€110,365.60 €45,927,808.87 €112,103,817.60

551,828 560,519,088

REGISTRATION DOCUMENT / L'ORÉAL 2017

322