2025 Universal Registration Document

8. General Meeting

SUMMARY TABLE OF THE COMPONENTS OF REMUNERATION PAID IN 2025 OR ALLOCATED FOR THAT YEAR TO JEAN‑PAUL AGON, CHAIRMAN OF THE BOARD OF DIRECTORS
SUMMARY OF REMUNERATION ELEMENTS PAID DURING THE 2025 FINANCIAL YEAR OR ALLOCATED FOR THAT YEAR TO MR. JEAN-PAUL AGON, CHAIRMAN OF THE BOARD OF DIRECTORS class="bg-pink"
Remuneration components submitted for approval Amounts allocated for the 2025 financial year or accounting valuation Amounts paid in 2025 or accounting valuation Description
Fixed remuneration Fixed remuneration

Amounts allocated for the 2025 financial year or accounting valuation

€950,000
Fixed remuneration

Amounts paid in 2025 or accounting valuation

At its meeting of 13 March 2025, on the recommendation of the Human Resources and Remuneration Committee, the Board of Directors decided to maintain Jean-Paul Agon’s fixed remuneration at the gross amount of €950,000 on an annual basis.

Benefits in addition to remuneration Benefits in addition to remuneration

Amounts allocated for the 2025 financial year or accounting valuation

€0
Benefits in addition to remuneration

Amounts paid in 2025 or accounting valuation

Benefits in kind

Jean-Paul Agon benefits from the material resources needed for the performance of his office such as, for example, the provision of a car with a driver. These arrangements, which are strictly limited to professional use and may not be used for any private use, are not benefits in kind.

Remuneration components submitted for approval

€2,905.65

Amounts allocated for the 2025 financial year or accounting valuation

Employee benefit scheme

Jean-Paul Agon benefits from the same employee benefit scheme as the senior executives of the Company.

SUMMARY TABLE OF THE COMPONENTS OF REMUNERATION PAID IN 2025 OR ALLOCATED FOR THAT YEAR TO NICOLAS HIERONIMUS, CHIEF EXECUTIVE OFFICER
SUMMARY OF REMUNERATION ELEMENTS PAID DURING THE 2025 FINANCIAL YEAR OR ALLOCATED FOR THAT YEAR TO MR. NICOLAS HIERONIMUS, CHIEF EXECUTIVE OFFICER
Remuneration components submitted for approval Amounts allocated for the 2025 financial year or accounting valuation Amounts paid in 2025 or accounting valuation Description
Fixed remuneration €2,300,000 At its meeting of 13 March 2025, on the recommendation of the Human Resources and Remuneration Committee, the Board of Directors set Nicolas Hieronimus' fixed remuneration at the gross amount of €2,300,000 on an annual basis.
Annual variable remuneration €2,762,000 i.e., 120.1% of the annual fixed remuneration

The annual variable remuneration is designed to align the executive corporate officer’s remuneration with the Group’s annual performance and the implementation of its strategy year after year. The Board of Directors strives to encourage the executive corporate officer both to maximise performance for each financial year and to ensure that this is repeated and regular year-on-year.

The target annual variable remuneration is set at 113% of the fixed remuneration (or €2,600,000 gross); the annual variable remuneration may reach up to 130.4% of the fixed remuneration (€3,000,000 gross) if there is outperformance on the objectives.

CRITERIA FOR ASSESSMENT OF 2025 PERFORMANCE

Financial criteria

60%

Change in like-for-like sales as compared to the budget

15%

Growth in market share as compared to the main competitors

15%

Growth in consolidated operating profit as compared to the budget

10%

Earnings per share as compared to the budget

10%

Cash flow as compared to net profit

10%

Non-financial and qualitative criteria

40%

CSR criteria: L’Oréal for the Future

10%

Human Resources criteria

7.5%

Digital development criteria

7.5%

Qualitative criteria: Management

7.5%

Qualitative criteria: Image, company reputation, dialogue with stakeholders

7.5%
The assessment is carried out on a criterion-by-criterion basis with no possibility to offset between criteria. For each of the financial criteria, underperformance is penalised at least as harshly as outperformance is rewarded. A summary of achievements in 2025 is set out in section 2.4.2.2.2. of the Universal Registration Document.