L'Oréal Finance and Shareholders

As of January 1, 2011, the Executive Committee of the Group confirms five significant changes. Two new members are appointed to the Committee: An Verhulst-Santos, Managing Director of the Professional Products Division and Sara Ravella, Managing Director for Corporate Communications, Sustainable Development and Public Affairs. A Strategic Marketing Department is created and headed by Marc Menesguen. Nicolas Hieronimus is appointed Managing Director of the Luxury Products Division.

- Jean-Paul Agon: Chief Executive Officer
- Laurent Attal: Executive Vice-President Research and Innovation
- Jean-Philippe Blanpain: Managing Director Operations
- Nicolas Hieronimus: Managing Director Luxury Products Division
- Jean-Jacques Lebel: President Consumer Products Division
- Brigitte Liberman: Managing Director Active Cosmetics Division
- Marc Menesguen: Managing Director Strategic Marketing Department
- Christian Mulliez: Executive Vice-President Administration & Finance
- Alexandre Popoff: Managing Director Latin America Zone and Africa, Middle East Zone
- Sara Ravella: Managing Director Corporate Communications, Sustainable Development and Public Affairs
- Frédéric Rozé: Managing Director North America Zone
- Geoff Skingsley: Executive Vice-President Human Resources
- An Verhulst-Santos: Managing Director Professional Products Division
- Jochen Zaumseil: Managing Director Asia Pacific Zone

January 4, 2011

Laurence Balmayer
lbalmayer@dgc.loreal.com
+33 1 47 56 76 88

Laura Lovasik
llovasik@dgc.loreal.com
+ 33 1 47 56 76 77