LOREAL_Registration_Document_2017

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 (€)

31.12.2007 30.04.2008

Purchase of 153 shares at €97.98

14,990.94

153 153 156 156 161 161 165 165 169 169 173 173 176 176 180 180 183 183 187 187 191

Dividend: €1.38 per share

211.14

Reinvestment: purchase of 3 shares at €76.21

228.63

24.04.2009

Dividend: €1.44 per share

224.64

Reinvestment: purchase of 5 shares at €52.02

260.08

05.05.2010

Dividend: €1.50 per share

241.50

Reinvestment: purchase of 4 shares at €76.77

307.08

04.05.2011

Dividend: €1.80 per share

297.00

Reinvestment: purchase of 4 shares at €85.79

343.16

03.05.2012

Dividend: €2.00 per share

338.00

Reinvestment: purchase of 4 shares at €92.84

371.36

10.05.2013

Dividend: €2.30 per share

397.90

Reinvestment: purchase of 3 shares at €134.05

402.15

05.05.2014

Dividend: €2.50 per share

440.00

Reinvestment: purchase of 4 shares at €123.90

495.60

07.05.2015

Dividend: €2.70 per share

486.00

Reinvestment: purchase of 3 shares at €168.60

505.80

03.05.2016

Dividend: €3.10 per share

567.30

Reinvestment: purchase of 4 shares at €157.80

631.20

03.05.2017

Dividend: €3.30 per share

617.10

Reinvestment: purchase of 4 shares at €184.55

738.20

TOTAL

19,274.20 15,453.62

3,820.58

TOTAL NET INVESTMENT

Portfolio value at 31.12.2017 (191 shares at €184.95, share price at 31.12.2017): €35,325.45 The initial capital has thus been multiplied by 2.4 over 10 years (10-year inflation rate = 9.91% - Source INSEE) and the final capital is 2.29 times the total net investment.

The Total Shareholder Return of the investment is thus 8.74% per year (assuming that the shares are sold on 31 December 2017, excluding tax on capital gains). NOTA: 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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