LOREAL_Registration_Document_2017

3 L'Oréal’s corporate social, environmental and societal responsibility* L’ORÉAL’S CORPORATE SOCIAL, ENVIRONMENTAL AND SOCIETAL POLICIES

NUMBER OF DEPARTURES

2017 10,555

2015

2016

Number of departures (resignations, agreed terminations, dismissals) (permanent contracts)

10,068

10,498

Number of dismissals (permanent contract)

2,386

2,589

2,787

To achieve the objective of sustainable growth which is the consideration and is the subject of clear, regular best guarantee it can offer its employees, L’Oréal has to communication with regard to employees and an ongoing continually adapt to its environment. This may lead to dialogue with the employees themselves and their restructuring, particularly in light of the current difficult representatives, in accordance with L’Oréal’s values of integrity economic climate. Nevertheless, any decision that may affect and transparency. the working life and jobs of employees is made after in-depth

ABSENTEEISM RATES Total absenteeism rate (%)

4.22% C/(A+B) 2.24% D/(A-B)

Absenteeism rate due to illness (included in the overall absenteeism rate)

Number of working days worked by all statutory employees. (A) Number of days of annual leave enjoyed by all statutory employees. (B) Number of days of absence (sick leave, occupational diseases, maternity leave, paternity leave, accidents in the workplace and/or travel-to-work accidents or any other paid (C) or unpaid absence). Number of days of sick leave (excluding occupational diseases, maternity leave, work-related accidents and/or travel-to-work accidents). (D)

Priority given to employee training 3.1.2.2. throughout their careers Within the scope of the Group’s universalisation strategy, the mission of the Learning teams is to contribute to L’Oréal’s competitive advantage by developing talents, by anticipating the skills required to enable the Group to remain one step ahead, by accompanying the Company’s transformations and by ensuring the cohesion of the teams all over the world through dissemination of the corporate culture.

L’Oréal has always considered the development of its employees as one of the main drivers of its performance and its transformation. To prepare tomorrow’s leaders, the Group’s ambition is to provide all its employees throughout the world with the best possible response in terms of training. The vision of Learning for all For L’Oréal, Learning for all is a question of social responsibility. Therefore, within the scope of the Sharing Beauty With All programme, L’Oréal made the commitment that by 2020, every employee will have access to training wherever they are in the world.

78% of the Group's employees participated in at least one training course in 2017

To achieve the ambition of Learning for all aimed at enabling the largest possible number of employees to develop, L’Oréal has set up a training system open to everyone without distinction as to employee professional level, jobs or countries. This system makes it possible to:

promote the global dissemination of the corporate culture s and the integration of new employees; help to develop each person’s potential; s accelerate the transmission of know-how and develop s strategic professional skills.

REGISTRATION DOCUMENT / L'ORÉAL 2017

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