LOREAL_Registration_Document_2017

Corporate governance * REMUNERATION OF THE EXECUTIVE OFFICERS

Chart of the organisation of the work of the Human Resources and Remuneration 2.5.3.4. Committee concerning the remuneration of the executive officer

February 2017

April 2017

October 2017

December 2017

February 2018

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Presentation of the 2017 study on the executive officer’s remuneration carried out by an independent consulting firm including: ¡ composition of the panel, link between performance and remuneration, balance and structure of the remuneration. Recommendations concerning the 2016 remuneration: ¡ evaluation and setting of the variable remuneration after a review of the 2016 financial and extra-financial results; ¡ draft resolution on the Say On Pay. Recommendations concerning the 2017 remuneration: ¡ fixed remuneration; ¡ setting of the level of 2017 variable remuneration, the criteria and the objectives to be met; ¡ Draft resolution for the remuneration policy. Long-term incentive plans: ¡ assessment of the performance levels achieved for the ACA Plans vesting; ¡ reflection on the 2017 ACAs Plan. weight of the performance

Recommendations for the 2017 ACAs plan: ¡ policy and rules for grants including those applicable to the executive officer; ¡ list of beneficiaries including the executive officer; ¡ level of grants including those to the executive officer.

Reflection on 2018 remuneration policy: ¡ analysis of the vote on the ex ante and ex post resolutions on the remunera- tion of the executive officer (AGM of 20 April 2017); ¡ CAC40 benchmark practices .

Work on the resolution on the remuneration policy applicable to the executive officers: ¡ to be submitted to the 2018 Annual General Meeting. Analysis of the AMF and HCGE reports on executive remuneration issues.

Presentation of the 2018 study on the executive officer’s remuneration carried out by an independent consulting firm including: ¡ composition of the remuneration, balance and structure of the remuneration . Recommendations concerning the 2017 remuneration: ¡ evaluation and setting of the variable remuneration after a review of the 2017 financial and extra-financial results; resolution on Say On Pay Recommendations concerning the 2018 remuneration policy: ¡ including fixed remuneration, annual variable remuneration and award of performance shares; ¡ Draft resolution for the 2018 remuneration policy . ACAs Plans: ¡ assessment of the performance levels achieved for the 2014 ACAs Plan finally vesting; ¡ reflection on the 2018 ACAs Plan . panel, link between performance and ¡ ex post draft

REGISTRATION DOCUMENT / L'ORÉAL 2017

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