2025 Universal Registration Document

1. Presentation of the Group – Integrated Report

CHANGE IN THE L'ORÉAL SHARE PRICE COMPARED TO THE CAC 40 INDEX (from 31 December 2015 to 31 December 2025)

This chart shows the change in the l’Oréal share price compared to the CAC 40 index.

L’Oréal

  • 2015: €155.30
  • 2025: €366.60

CAC 40 indexed to L’Oréal

  • 2015: €4,637.06
  • 2025: €8,149.50
STEADY INCREASE IN DIVIDEND PER SHARE (€)

This chart shows a steady increase in dividend per share in euros.

  • 2010: €1.80
  • 2011: €2.00
  • 2012: €2.30
  • 2013: €2.50
  • 2014: €2.70
  • 2015: €3.10
  • 2016: €3.30
  • 2017: €3.55
  • 2018: €3.85
  • 2019: €3.85(1)
  • 2020: €4.00
  • 2021: €4.80
  • 2022: €6.00
  • 2023: €6.60
  • 2024: €7.00
  • 2025: €7.20(2)

An increase of €4 over 16 years.

5-YEAR CHANGE OF A PORTFOLIO OF APPROXIMATELY €15,000 INVESTED IN L'ORÉAL SHARES WITH REINVESTMENT OF DIVIDENDS
5-YEAR CHANGE OF A PORTFOLIO OF APPROXIMATELY €15,000 INVESTED IN L'ORÉAL SHARES WITH REINVESTMENT OF DIVIDENDS
Date of transaction Nature of transaction Investing activities (€) Income (€) Number of shares after the transaction
31.12.2020

31.12.2020

Nature of transaction

Purchase of 49 shares at €310.80

31.12.2020

Investing activities

(€)

15,229

31.12.2020

Income (€)

 

31.12.2020

Number of shares after the transaction

49

29.04.2021

29.04.2021

Nature of transaction

Dividend €4.00 per share

29.04.2021

Investing activities

(€)

 

29.04.2021

Income (€)

196

29.04.2021

Number of shares after the transaction

49

 

 

Nature of transaction

Reinvestment: purchase of 1 share at €343.10

 

Investing activities

(€)

343

 

Income (€)

 

 

Number of shares after the transaction

50

29.04.2022

29.04.2022

Nature of transaction

Dividend €4.80 per share

29.04.2022

Investing activities

(€)

 

29.04.2022

Income (€)

240

29.04.2022

Number of shares after the transaction

50

 

 

Nature of transaction

Reinvestment: purchase of 1 share at €348.90

 

Investing activities

(€)

349

 

Income (€)

 

 

Number of shares after the transaction

51

28.04.2023

28.04.2023

Nature of transaction

Dividend €6.00 per share

28.04.2023

Investing activities

(€)

 

28.04.2023

Income (€)

306

28.04.2023

Number of shares after the transaction

51

 

 

Nature of transaction

Reinvestment: purchase of 1 share at €432.75

 

Investing activities

(€)

433

 

Income (€)

 

 

Number of shares after the transaction

52

30.04.2024

30.04.2024

Nature of transaction

Dividend €6.60 per share

30.04.2024

Investing activities

(€)

 

30.04.2024

Income (€)

343

30.04.2024

Number of shares after the transaction

52

 

 

Nature of transaction

Reinvestment: purchase of 1 share at €439.65

 

Investing activities

(€)

440

 

Income (€)

 

 

Number of shares after the transaction

53

07.05.2025

07.05.2025

Nature of transaction

Dividend €7.00 per share

07.05.2025

Investing activities

(€)

 

07.05.2025

Income (€)

371

07.05.2025

Number of shares after the transaction

53

 

 

Nature of transaction

Reinvestment: purchase of 1 share at €374.40

 

Investing activities

(€)

374

 

Income (€)

 

 

Number of shares after the transaction

54

TOTAL AS OF 31 DECEMBER 2025

TOTAL AS OF

31 DECEMBER 2025

Nature of transaction

 

TOTAL AS OF

31 DECEMBER 2025

Investing activities

(€)

17,168

TOTAL AS OF

31 DECEMBER 2025
Income (€)

1,456

TOTAL AS OF

31 DECEMBER 2025

Number of shares after the transaction

54

TOTAL NET INVESTMENT

TOTAL NET INVESTMENT

Nature of transaction

 

TOTAL NET INVESTMENT

Investing activities

(€)

15,712

TOTAL NET INVESTMENT

Income (€)

 

TOTAL NET INVESTMENT

Number of shares after the transaction

 

Portfolio value at 31 December 2025 (54 shares at €366.60, price at 31 December 2025): €19,796.

The initial capital has thus been multiplied by 1.3 over 5 years (5-year inflation rate = 13.35% - Source: INSEE) and the final share capital is 1.3 times the total net investment.

The Total Shareholder Return of the investment is thus 4.8% per year (assuming that the shares are sold on 31 December 2025, excluding tax on capital gains).

Note: Any income tax that may be paid by the investor as a result of the successive dividend payments is not taken into account.