2024 universal registration document

1. Presentation of the Group – Integrated Report

COMPOSITION OF THE BOARD AT

31 DECEMBER 2024

Chairman

AGMJean-Paul Agon

Age : 68

Gender : M

Nationality : French

Number of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF code (i.e., excluding directorships held in subsidiaries and aff iliates, held alone or in concert, by an executive corporate off icer of companies whose main activity is to acquire and manage said affiliates). 0

Independence : no

First appointed : 25/04/2006

Term of office expires(AGM)  : 2026

Seniority on the Board (years) : 18

Board Committees

Strategy and Sustainability : Chairman of the Committee C

Chief Executive Officer

Nicolas Hieronimus

Age : 60

Gender : M

Nationality : French

Number of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF code (i.e., excluding directorships held in subsidiaries and aff iliates, held alone or in concert, by an executive corporate off icer of companies whose main activity is to acquire and manage said affiliates). 0

Independence : no

First appointed : 20/04/2021

Term of office expires(AGM)  : 2025

Seniority on the Board (years) : 3

Board Committees

Françoise Bettencourt Meyers and her family

Françoise Bettencourt Meyers

Vice-Chairwoman

Age : 71

Gender : W

Nationality : French

Number of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF code (i.e., excluding directorships held in subsidiaries and aff iliates, held alone or in concert, by an executive corporate off icer of companies whose main activity is to acquire and manage said affiliates). 0

Independence : no

First appointed : 12/06/1997

Term of office expires(AGM) : 2025

Seniority on the Board (years) : 27

Board Committees

Strategy and Sustainability : Member of the Committee ●

HR and Remuneration : Member of the Committee ●

Nominations and Governance : Member of the Committee ●

Françoise Bettencourt Meyers and her family
 

Jean-Victor Meyers

Age : 38

Gender : M

Nationality : French

Number of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF code (i.e., excluding directorships held in subsidiaries and aff iliates, held alone or in concert, by an executive corporate off icer of companies whose main activity is to acquire and manage said affiliates). 0

Independence : no

First appointed : 13/02/2012

Term of office expires(AGM) : 2028

Seniority on the Board (years): 12

Board Committees

Strategy and Sustainability : Member of the Committee ●

Françoise Bettencourt Meyers and her family

Nicolas Meyers

Age : 36

Gender : M

Nationality : French

Number of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF code (i.e., excluding directorships held in subsidiaries and aff iliates, held alone or in concert, by an executive corporate off icer of companies whose main activity is to acquire and manage said affiliates). 0

Independence : no

First appointed : 30/06/2020

Term of office expires (AGM) : 2028

Seniority on the Board (years) : 4

Board Committees

Audit : Member of the Committee ●

Directors linked too Nestlé

Paul Bulcke** was a Director of L’Oréal from 2012 to June 2014 and then again since 2017.

Vice-Chairman

Age : 70

Gender : M

Nationality : Belgian Suisse

Number of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF code (i.e., excluding directorships held in subsidiaries and aff iliates, held alone or in concert, by an executive corporate off icer of companies whose main activity is to acquire and manage said affiliates). 1

Independence : no

First appointed : 20/04/2017

Term of office expires (AGM) : 2025

Seniority on the Board (years) : 7

Board Committees

Strategy and Sustainability : Member of the Committee ●

HR and Remuneration : Member of the Committee ●

Nominations and Governance : Member of the Committee ●

Directors linked to Nestlé

Béatrice Guillaume-Grabisch

Age : 60

Gender : W

Nationality : French

Number of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF code (i.e., excluding directorships held in subsidiaries and aff iliates, held alone or in concert, by an executive corporate off icer of companies whose main activity is to acquire and manage said affiliates). 0

Independence : no

First appointed : 20/04/2016

Term of office expires(AGM) : 2028

Seniority on the Board (years) : 8

Board Committees

Audit : Member of the Committee ●

Independant Directors

Sophie Bellon

Age : 63

Gender : W

Nationality : French

Number of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF code (i.e., excluding directorships held in subsidiaries and aff iliates, held alone or in concert, by an executive corporate off icer of companies whose main activity is to acquire and manage said affiliates). 1

Independence : ♦

First appointed : 22/04/2015

Term of office expires(AGM) : 2027

Seniority on the Board (years) : 9

Board Committees

HR and Remuneration : Chairman of the Committee C

Nominations and Governance : Member of the Committee ●

Independent Directors

Patrice Caine

Age : 54

Gender : M

Nationality : French

Number of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF code (i.e., excluding directorships held in subsidiaries and aff iliates, held alone or in concert, by an executive corporate off icer of companies whose main activity is to acquire and manage said aff iliates). 1

Independence : ♦

First appointed : 17/04/2018

Term of office expires(AGM) : 2026

Seniority on the Board (years) : 6

Comités d’études

Strategy and Sustainability : Member of the Committee  ●

Nominations et Gouvernance : Chairman of the Committee C

Independent Directors

Fabienne Dulac

Age : 57

Gender : W

Nationality : French

Number of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF code (i.e., excluding directorships held in subsidiaries and aff iliates, held alone or in concert, by an executive corporate off icer of companies whose main activity is to acquire and manage said aff iliates). 1

Independence : ♦

First appointed : 18/04/2019

Term of office expires(AGM) : 2027

Seniority on the Board (years) : 5

Comités d’études

Audit : Member of the Committee  ●

HR and Remuneration : Member of the Committee ●

Independent Directors

Ilham Kadri

Age : 55

Gender : W

Nationality : French Maroccan

No. of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF Code (i.e. excluding directorships held in subsidiaries and affiliates, held alone or in concert, by an executive corporate officer of companies whose main activity is to acquire and manage such affiliates).: 2

Independence : ♦

First appointed : 30/06/2020

Term of office expires(AGM) : 2028

Seniority on the Board (years) : 4

Board Committees

Audit : Member of the Committee ●

Independent Directors

Virginie Morgon

Age : 55

Gender : W

Nationality : French

No. of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF Code (i.e. excluding directorships held in subsidiaries and affiliates, held alone or in concert, by an executive corporate officer of companies whose main activity is to acquire and manage such affiliates).: 0

Independence : ♦

First appointed : 26/04/2013

Term of office expires(AGM) : 2025

Seniority on the Board (years) : 11

Board Committees

Audit : Chairman of the Committee C

Independent Directors

Alexandre Ricard

Age : 52

Gender : M

Nationality : French

No. of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF Code (i.e. excluding directorships held in subsidiaries and affiliates, held alone or in concert, by an executive corporate officer of companies whose main activity is to acquire and manage such affiliates).: 1

Independence : ♦

Initial appointment date : 20/04/2021

Term of office expires(AGM) : 2025

Seniority on the Board (years) : 3

Board Committees

Strategy and Sustainability : Member of the Committee  ●

HR and Remuneration : Member of the Committee ●

Independent Directors

Jacques Ripoll

Age : 58

Gender : M

Nationality : French

No. of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF Code (i.e. excluding directorships held in subsidiaries and affiliates, held alone or in concert, by an executive corporate officer of companies whose main activity is to acquire and manage such affiliates): 0

Independence : ♦

Initial appointment date : 23/04/2024

Term of office expires(AGM) : 2028

Seniority on the Board (years) : <1

Board Committees

Audit : Member of the Committee  ●

Directors representing employees

Thierry Hamel

Age : 70

Gender : M

Nationality : French

No. of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF Code (i.e. excluding directorships held in subsidiaries and affiliates, held alone or in concert, by an executive corporate officer of companies whose main activity is to acquire and manage such affiliates).: 0

Independence : no

Initial appointment date : 21/04/2022

Term of office expires(AGM) : 2026

Seniority on the Board (years) : 2

Board Committees

HR and Remuneration : Member of the Committee ●

Directors representing employees

Benny de Vlieger

Age : 60

Female/Male : M

Nationality : Belgian

No. of directorships in listed companies Number of directorships (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF Code (i.e. excluding directorships held in subsidiaries and affiliates, held alone or in concert, by an executive corporate officer of companies whose main activity is to acquire and manage such affiliates).: 1

Independence : ♦

Initial appointment date : 21/04/2022

Term of office expires(AGM) : 2024

Seniority on the Board (years) : 2

Board Committees

Strategy and Sustainability : Member of the Committee ●

58.5

average age
of Directors

50%

independent Directors Hors administrateurs représentant les salariés conformément au Code de commerce et au Code AFEP-MEDEF

43%

de femmes administrateursExcluding Directors representing the employees, in accordance with the French Commercial Code (Code de commerce) and the AFEP-MEDEF Code.

57%

men DirectorsExcluding Directors representing the employees, in accordance with the French Commercial Code (Code de commerce) and the AFEP-MEDEF Code.