L'Oréal - 2018 Registration Document

Stock Market Information Share capital LONG-TERM INCENTIVE PLANS

CHANGE IN THE NUMBER OF BENEFICIARIES OF STOCK OPTIONS AND ACAS SINCE 2009

2,177

2,141

2,092

2,079 2,038

1,903

1,978 1,943

1,037

557

195

381

Beneficiaries of SO Beneficiaries of SO + ACAs Beneficiaries of ACAs

439

434

88 1

2018

2009 2010 2011 2012 2013 2014 2015 2016 2017

STOCK OPTION PLANS FOR THE SUBSCRIPTION AND PURCHASE OF L’ORÉAL 6.4.2. PARENT COMPANY SHARES No stock options for the purchase or subscription of shares were granted in 2018, as the Board of Directors has decided since 2012, on the proposal of the Human Resources and Remuneration Committee, to replace the grant of stock options with ACAs for all beneficiaries including the Chairman and Chief Executive Officer.

Current stock option plans for the subscription of L’Oréal parent company shares (1) 6.4.2.1. The main features of the plans that existed at 31 December 2018, are included in the tables set out hereafter:

6

24.04.2007 16.04.2009 22.04.2011 25.03.2009 27.04.2010 22.04.2011

AGM authorisation date

Date of Board of Directors’ Meeting

Total number of beneficiaries

634

815

89

Total number of shares that may be subscribed or purchased

3,650,000

4,200,000

1,470,000

Of which may be subscribed or purchased by the executive officers (2) : Mr.. Jean-Paul Agon s

0 (3)

400,000 200,000 (4)

Start date for exercise of the options

26.03.2014 28.04.2015 23.04.2016 25.03.2019 27.04.2020 22.04.2021

Date of expiry

Subscription or acquisition price (€)

50.11

80.03

83.19

Number of stock options exercised at 31.12.2018

3,303,922 233,000 113,078

3,225,949 249,200 724,851

760,128 234,000 475,872

Total number of share subscription or purchase options that have been cancelled or lapsed

Number of share subscription or purchase options remaining year-end

There are no share subscription option plans at subsidiaries of L’Oréal. (1) This is the number of stock options granted to the executive officer during his term of office within the scope of each of the above-mentioned plans. Mr. (2) Jean-Paul Agon has been an executive officer since April 2006. As Mr. Jean-Paul Agon informed the Board of Directors that he did not wish to be granted any share subscription options with respect to 2009, he did not (3) receive any stock option under the plan dated 25 March 2009. The Board of Directors’ Meeting of 22 April 2011 allocated 400,000 share subscription options to Mr. Jean-Paul Agon who waived 200,000 of the (4) options. He therefore benefits from 200,000 stock options under the plan decided by the Board of Directors at its meeting of 22 April 2011. There were 1,313,801 outstanding options granted by the 31 December 2018, at an average price of €78.60, namely Board of Directors within the scope of the authorisations voted 0.23% of the 560,396,652 shares making up the share capital at by the Annual General Meetings and not yet exercised at such date.

REGISTRATION DOCUMENT / L'ORÉAL 2018

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