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Table of contents
2025 Universal Registration Document
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2. Corporate governance
2. Corporate governance
2.1 Framework for the implementation of corporate governance principles
2.2 Composition of the Board at 31 December 2025
2.3 Organisation and operating procedures of the Board of Directors
2.4 Remuneration of Directors and corporate officers
2.5 Summary table of AFEP-MEDEF Code recommendations that are not applied
2.6 Summary statement of trading by Directors and corporate officers in L'Oréal shares in 2025
2.7 Statutory Auditors' special report on related-party agreements
Introduction
Prospects : Jean-Paul Agon, Chairman of the Board of Directors of L’Oréal
Prospects: Nicolas Hieronimus, Chief Executive Officer of L’Oréal
1. Presentation of the Group – Integrated Report
2. Corporate governance
3. Risk factors and risk management
4. Sustainability Report
5. 2025 Consolidated Financial Statements
6. 2025 parent company financial statements
7. Information on the Company and the share capital
8. General Meeting
9. Additional and complementary information