| 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. |
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| 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. |
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| 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. | ||||