LOREAL_Registration_Document_2017

Corporate governance * REMUNERATION OF THE MEMBERS OF THE BOARD OF DIRECTORS

AMOUNTS OF ATTENDANCE FEES ALLOCATED (€)

2017 financial year (total of 7 meetings and 18 Committee meetings)

2016 financial year (total of 6 meetings and 17 Committee meetings)

Directors

Mr. Jean-Paul Agon

0

0

Mrs. Françoise Bettencourt Meyers Mr. Peter Brabeck-Letmathe *

84,000 24,000 80,000 104,000 79,000 114,000 124,000 84,000 71,300 94,000 84,000 94,000 94,000 119,000 62,000

75,000 95,000

2

Mr. Paul Bulcke *

-

Mr. Jean-Pierre Meyers Mrs. Ana-Sofia Amaral

95,000 70,000 85,000 105,500 77,500 63,800 68,750 83,000 85,000 85,000 97,500 45,000

Mrs. Sophie Bellon

Mr. Charles-Henri Filippi

Mr. Xavier Fontanet Mrs. Belén Garijo

Mrs. Béatrice Guillaume-Grabisch

Mr. Bernard Kasriel

Mr. Georges Liarokapis Mr. Jean-Victor Meyers Mrs. Virginie Morgon Mrs. Eileen Naughton

TOTAL

1,311,300

1,131,050 (1)

Director whose term of office began or ended during the 2017 financial year. * This amount does not include the attendance fees paid to Directors whose term of office ended in 2016. (1)

RULES FOR ALLOCATION IN RESPECT OF THE 2018 FINANCIAL YEAR 2.4.3. In order to maintain the appeal of the Board, taking into account intercontinental travel, and in order to remunerate the Directors for their attendance at additional Board meetings, the Board, on the recommendation of the Human Resources and Remuneration Committee, has decided to propose, at the Annual General Meeting of 17 April 2018, to revise the maximum amount of annual attendance fees, set at €1,450,000 since 2014 and to increase the amount to a maximum €1,600,000.

The authorisation would replace that granted by the Annual General Meeting in 2014. As of 2018, the attendance fees for Directors whose tax residence is located outside of Europe would be increased to €10,000 per Board meeting instead of €6,500. The attendance fees paid for taking part in the Appointments and Governance Committee and the Human Resources and Remuneration Committee, currently set at €10,000 per year, would be increased to €11,500 per year (of which 60% based on attendance).

REGISTRATION DOCUMENT / L'ORÉAL 2017

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