Highlights of the 2016 Annual General Meeting
Plus de 1 800 actionnaires étaient présents lors de l’Assemblée Générale de L’Oréal qui s’est tenue le 20 avril dernier au Palais des Congrès à Paris.
High shareholder participation
High participation, increasing each year, demonstrates L’Oréal shareholders’ interest in their group and their eagerness to be true stakeholders. All in all, more than 14,000 shareholders, present or represented, took part in the vote, accounting for 80.22% of the company’s share capital. All the resolutions were adopted by a very large majority, more than 86% , reflecting shared confidence in the strategy and the future of L’Oréal.
Appointments of two new directors
Mrs Béatrice Guillaume-Grabisch has more than 30 years of experience in marketing and sales in the consumer goods sector. Since July 2015, she has been the General Manager of Nestlé Germany.
After a career in media and digital with the Time Warner group, Mrs Eileen Naughton joined the Google group in 2006, where she is currently Vice-President and Managing Director, UK & Ireland.
(1) At the end of the AGM of 20 April 2016. (2) For shares continuously held in registered form for a minimum of two full calendar years, up to a maximum of 0.5% of the capital for the same shareholder.