LOREAL_Registration_Document_2017

2 Corporate governance *

REMUNERATION OF THE EXECUTIVE OFFICERS

The Committee examines the expectations of investors and proxy advisors, and the rules and recommendations of the regulatory authorities report on corporate governance and the compensation of executives of listed companies, and the report of the High Committee on Corporate Governance. It is mindful of the observations and requests of investors and strives to accommodate them while preserving consistency in the remuneration policy adopted by the Board and subject to It carefully analyses the law and reports concerning executive constraints relating to the disclosure of confidential compensation, notably the Autorité des Marchés Financiers' information. 2.5.3.3

REGISTRATION DOCUMENT / L'ORÉAL 2017

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