The information in this paragraph relating to the remuneration of L’Oréal’s Directors and corporate officers (Directors, Chairman of the Board of Directors and Chief Executive Officer), as required by Articles L. 22-10-9 I and L. 22-10-34 I and II of the French Commercial Code, is subject to the approval of the Annual General Meeting of 29 April 2025 and is subject to a vote in the 11th to 13th resolutions.
A total amount of €1,459,500, within the limits of the €1,700,000 budget approved by the Annual General Meeting of 21 April 2023, will be paid to the Directors for financial year 2024.
The Board of Directors met seven times in 2024 (including one unremunerated meeting) and 21 meetings of its Committees were organised.
The average attendance rates at meetings in 2024 were 99.2% for the Board of Directors, 100% for the Strategy and Sustainable Committee, 100% for the Audit Committee, 100% for the Nominations and Governance Committee and 82.9%(1) for the Human Resources and Remuneration Committee.
It should be noted that neither Jean-Paul Agon nor Nicolas Hieronimus receive any remuneration for their roles as Directors, and neither Jean-Paul Agon nor Nicolas Hieronimus receive any remuneration for their roles as directors of Group companies.
| Directors | Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings | Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings |
|---|---|---|
| Jean-Paul Agon | Jean-Paul Agon Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings0 |
Jean-Paul Agon Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings0 |
| Nicolas Hieronimus | Nicolas Hieronimus Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings0 |
Nicolas Hieronimus Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings0 |
| Sophie Bellon | Sophie Bellon Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings117,000 |
Sophie Bellon Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings116,000 |
| Françoise Bettencourt Meyers | Françoise Bettencourt Meyers Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings117,000 |
Françoise Bettencourt Meyers Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings98,600 |
| Paul Bulcke | Paul Bulcke Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings117,000 |
Paul Bulcke Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings112,100 |
| Patrice Caine | Patrice Caine Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings117,000 |
Patrice Caine Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings106,350 |
| Fabienne Dulac | Fabienne Dulac Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings113,000 |
Fabienne Dulac Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings111,750 |
| Belén Garijo(1) | Belén Garijo (1)Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings13,900 |
Belén Garijo (1)Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings81,025 |
| Béatrice Guillaume-Grabisch | Béatrice Guillaume-GrabischRemuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings 99,000 |
Béatrice Guillaume-GrabischRemuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings 98,000 |
| Thierry Hamel | Thierry Hamel Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings85,000 |
Thierry Hamel Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings77,000 |
| Ilham Kadri | Ilham Kadri Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings92,500 |
Ilham Kadri Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings91,500 |
| Jean-Victor Meyers | Jean-Victor Meyers Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings85,000 |
Jean-Victor Meyers Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings84,600 |
| Nicolas Meyers | Nicolas Meyers Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings99,000 |
Nicolas Meyers Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings98,000 |
| Virginie Morgon | Virginie Morgon Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings129,000 |
Virginie Morgon Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings127,000 |
| Alexandre Ricard | Alexandre Ricard Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings94,600 |
Alexandre Ricard Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings84,600 |
| Jacques Ripoll(2) | Jacques Ripoll (2)Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings81,500 |
Jacques Ripoll (2)Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings- |
| Benny de Vlieger | Benny de Vlieger Remuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings99,000 |
Benny de Vlieger Remuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings93,000 |
| TOTAL | TOTALRemuneration awarded in respect of 2024 and paid in 2025 (in euros) 7 Board meetings (of which 6 paid), 21 Committee meetings1,459,500 | TOTALRemuneration awarded in respect of 2023 and paid in 2024 (in euros) 8 Board meetings (of which 6 paid), 18 Committee meetings1,379,525 |
