2025 Universal Registration Document

2. Corporate governance

2.4.2 Remuneration of Directors and corporate officers for 2025

The information in this paragraph relating to the remuneration of L'Oréal's Directors and corporate officers (Directors, Chairman of the Board of Directors and Chief Executive Officer), as required by Articles L. 22-10-9 I and L. 22-10-34 I and II of the French Commercial Code, is subject to the approval of the General Meeting of 24 April 2026 and is subject to a vote in the 10th to 12th resolutions.

2.4.2.1 Remuneration paid in or allocated in respect of 2025 to Directors

A total amount of €1,686,614, within the limits of the €2,000,000 budget approved by the General Meeting of 29 April 2025, will be paid to the Directors for financial year 2025.

The Board of Directors met eight times in 2025 (including one unremunerated meeting) and 23 meetings of its Committees were organised.

The average attendance rates at meetings in 2025 were 99.4% for the Board of Directors, 100% for the Strategy and Sustainability Committee, 100% for the Audit Committee, 100% for the Nominations and Governance Committee and 100% for the Human Resources and Remuneration Committee.

It should be noted that neither Jean-Paul Agon nor Nicolas Hieronimus receive any remuneration for their roles as Directors, and neither Jean-Paul Agon nor Nicolas Hieronimus receive any remuneration for their roles as directors of Group companies.

Remuneration paid in or allocated in respect of 2025 to Directors
Directors

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

Jean-Paul Agon

Jean-Paul Agon

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

0

Jean-Paul Agon

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

0

Nicolas Hieronimus

Nicolas Hieronimus

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

0

Nicolas Hieronimus

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

0

Sophie Bellon

Sophie Bellon

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

123,500

Sophie Bellon

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

117,000

Françoise Bettencourt Meyers(1) Françoise Bettencourt Meyers(1)

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

38,942

Françoise Bettencourt Meyers(1)

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

117,000

Paul Bulcke

Paul Bulcke

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

126,357

Paul Bulcke

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

117,000

Patrice Caine

Patrice Caine

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

119,857

Patrice Caine

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

117,000

Fabienne Dulac

Fabienne Dulac

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

121,500

Fabienne Dulac

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

113,000

Belén Garijo

Belén Garijo

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

0

Belén Garijo

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

13,900

Béatrice Guillaume-Grabisch

Béatrice Guillaume-Grabisch

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

105,500

Béatrice Guillaume-Grabisch

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

99,000

Thierry Hamel 

Thierry Hamel 

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

91,500

Thierry Hamel 

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

85,000

Aurélie Jean(2)

Aurélie Jean

(2)

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

71,429

Aurélie Jean

(2)

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

0

Ilham Kadri

Ilham Kadri

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

99,786

Ilham Kadri

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

92,500

Jean-Victor Meyers

Jean-Victor Meyers

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

113,557

Jean-Victor Meyers

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

85,000

Nicolas Meyers

Nicolas Meyers

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

104,700

Nicolas Meyers

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

99,000

Virginie Morgon(1)

Virginie Morgon

(1)

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

41,571

Virginie Morgon

(1)

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

129,000

Alexandre Ricard

Alexandre Ricard

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

116,071

Alexandre Ricard

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

94,600

Jacques Ripoll

Jacques Ripoll

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

135,100

Jacques Ripoll

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

81,500

Isabelle Seillier(2)

Isabelle Seillier

(2)

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

83,529

Isabelle Seillier

(2)

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

0

Téthys(2)

Téthys

(2)

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

88,215

Téthys

(2)

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

0

Benny de Vlieger 

Benny de Vlieger 

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

105,500

Benny de Vlieger 

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

99,000

TOTAL

TOTAL

Remuneration awarded in respect of 2025 and paid in 2026 (in euros)

8 Board meetings (of which 7 paid),

23 Committee meetings

1,686,614

TOTAL

Remuneration awarded in respect of 2024 and paid in 2025 (in euros)

7 Board meetings (of which 6 paid),

21 Committee meetings

1,459,500