LOREAL_Registration_Document_2017

3 L'Oréal’s corporate social, environmental and societal responsibility* THE SHARING BEAUTY WITH ALL PROGRAMME

DEVELOPING SUSTAINABLY 3.2.4. Sharing growth with its stakeholders is one of L’Oréal’s priorities. The Group applies its vision of responsible corporate citizenship with regard to its employees, its suppliers and the surrounding communities. … with our employees 3.2.4.1. “By 2020, L’Oréal employees will have access to healthcare, social protection and training, wherever they are in the world.”

2020 TARGETS

2017 RESULTS

96% of the Group’s permanent employees have access to healthcare coverage reflecting best practices in their country of residence (1) . 92% of the Group’s permanent employees benefit from financial protection in the event of unexpected life events, such as death or total permanent disability (1) .

Our employees will benefit from healthcare coverage aligned with the best practices of the country they are based in. Our employees will benefit from financial protection in the event of unexpected life events such as death or total permanent disability.

Our employees will have access to training wherever they are in the world. 78% of the Group’s employees followed at least one training course in 2017. I.e. 100% of the employees within the scope of the “L’Oréal Share & Care” programme (the Group's permanent employees except, in certain countries, part-time contracts (1) <21 hours a week, beauty advisers and store employees, noting that the integration of recent acquisitions and new subsidiaries takes place gradually.

Providing all the Group’s employees with healthcare coverage and financial protection in the event of unexpected life events L’Oréal seeks to offer its employees the best levels of social protection and to universalise its social model, in a manner that is completely consistent with its global dimension. This is a strong commitment which reflects the Company’s vision, whereby sustainable growth necessarily goes hand in hand with a global vision and a high level of social performance. L’Oréal has made the commitment (see L’Oréal’s Share & Care programme) that all employees will have access to: healthcare coverage which is aligned with best practices in s their country of residence; financial protection in the event of unexpected life events, s such as temporary or permanent disability.

Providing access to one training session per year for all the Group’s Employees wherever they are in the world Training is at the heart of Human Resources strategy. L’Oréal thereby puts itself in a position to attract the best talents and prepare the leaders of the future. The Group’s ambition is to enable its employees, whatever their profession, job, position or country, to have access to development opportunities throughout their working life. This vision is borne out by its training policy called Learning for All . The Sharing Beauty With All programme has translated this ambition into a commitment: to have all employees benefit from a training initiative every year by 2020 (see paragraph 3.1.2.2 relating to training).

REGISTRATION DOCUMENT / L'ORÉAL 2017

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