LOREAL_Registration_Document_2017

Stock Market Information Share capital INFORMATION POLICY

Portfolio value at 31.12.2017 (601 shares at €184.95, share price at 31.12.2017): €111,154.95 The initial capital has thus been multiplied by 7.37 over 20 years (20-year inflation rate = 27.5% – Source INSEE) and the final capital is 6.36 times the total net investment. The Total Shareholder Return of the investment is thus 9.96% 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. Dividends 6.5.2.3. The limitation period for dividends is five years. Any dividends for which payment has not been requested are paid to the Caisse des Dépôts et Consignations.

INFORMATION POLICY 6.6.

L’Oréal is committed to improving the quality of its financial information and takes steps to ensure it maintains a regular dialogue with its shareholders and with French and international investors. Beyond its legal obligations, a whole range of tools: printed and digital media, events and meetings, investor conferences and roadshows, are made available to all those in contact with us to enable them to get a better understanding of L’Oréal’s business model and the potential of the beauty market. COMMUNICATIONS MEDIA Keen on transparency and accessibility of information, in 2017, L’Oréal’s Financial Communications Department shared a wealth of information with the entire financial community via a whole range of communication tools, using digital media to a great extent. L’Oréal makes available two exhaustive annual, highly complementary publications, the Annual Report – discover the entire annual report online at www.loreal-finance.com/en/annual-report-2017/ – and the Registration Document. The www.loreal-finance.com website contains a complete set of all financial and extra-financial information. Its content and its ergonomics evolve regularly to provide ever quicker, easier access to information. The L’Oréal Finance mobile application, available on App Store and Google Play, makes it possible to keep L’Oréal Finance news close to hand. Downloaded nearly 42,000 times, it is greatly appreciated by professionals and individual shareholders. The Shareholders’ newsletters and L’Oréal Finance News make it possible to keep subscribers regularly informed of all major events in the life of the Group. COMPLEMENTARY 6.6.1.

Re-edited in 2017, the Shareholder Brochure presents the “5 reasons to take part in the L’Oréal adventure” and describes the advantages of registered shares to answer the questions that shareholders may have with regard to this method of holding shares.

A LARGE NUMBER OF 6.6.2.

SHAREHOLDER EVENTS FOR A REGULAR AND DETAILED DIALOGUE

Every year, the Financial Communications Department s organises a financial information meeting and telephone conferences intended for analysts and institutional investors, to which journalists specialising in the cosmetics sector are invited. The presentations of the L’Oréal Group’s financial results and the business activities of the Operational Divisions are broadcast live online on the financial website www.loreal-finance.com. All the information presented is made available on this site, on the day its publication, when the annual and half-yearly results are published, as well as at investor conferences or Capital Market Days. A number of meetings with shareholders, organised in s different forms in several large provincial cities in France and also in the Paris region, in collaboration with the French Individual Investor and Investment Club Federation ( Fédération des Investisseurs Individuels et des Clubs d’Investissement – F2iC), the Society of Investor Relation Managers in France ( Cercle de Liaison des Informateurs Financiers en France – CLIFF), shareholder associations and financial newspapers brought together nearly 2,000 participants. In 2017, the Individual Shareholder Relations Department successfully organised various site visits (to the Group’s stores and laboratories) and Shareholder Meetings. Participation in the Actionaria Stock Market Fair for the s fourteenth year running, which brought together more than 400 people who attended a presentation by Mr. Jean-Paul Agon, Chairman and CEO of L'Oréal. Many shareholders were also able to meet representatives of the Group directly at the L’Oréal stand and obtain information on registering their shares.

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REGISTRATION DOCUMENT / L'ORÉAL 2017

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