2025 Universal Registration Document

2. Corporate governance

French company

Expiry date of term of office: 2029

Committee Member:
Audit
Strategy and Sustainability

Téthys

Téthys is the holding company of the Bettencourt Meyers family, L'Oréal's main shareholder. Téthys is chaired by Françoise Bettencourt Meyers, and Jean-Pierre Meyers serves as its Chief Executive Officer. Téthys has been a Director of L'Oréal since 2025.

Business address: Téthys SAS – 27-29, rue des Poissonniers - 92200 Neuilly-sur-Seine – France

Holds 152,514,292 L'Oréal shares

Other corporate offices and directorships held
None
Corporate offices and directorships held over the last five years that have expired
None

Information relating to Alexandre Benais, appointed by Téthys as its representative on L'Oréal's Board of Directors in accordance with Article L. 225-20 of the French Commercial Code 

Age : 50 

French

Business address:

Téthys SAS – 27-29, rue des Poissonniers - 92200 Neuilly-sur Seine – France

Alexandre Benais does not hold any L'Oréal shares.

Director represented by Alexandre Benais

Alexandre Benais is Deputy Chief Executive Officer of Téthys, which he joined in 2016, having previously been a managing partner of Lazard from 2011.

Other corporate offices and directorships held
French companies  
Téthys InvestT

Téthys Invest

T

 

Chief Executive Officer

Financière Senior Gallus (Ceva group)TI

Financière Senior Gallus (Ceva group)

TI

 

Director

Galileo Global Education Strategy (Galileo group)TI

Galileo Global Education Strategy (Galileo group)

TI

 

Director

Sphinx (Sebia group)TI

Sphinx (Sebia group)

TI

 

Member of the Supervisory Committee

Foreign company
None
Corporate offices and directorships held 
over the last five years that have expired
Expiry date
of term of office
French companies
Financière Senior CinqusTI Director 2025
T-Inv 1T Chairman 2024
T-Inv 2T Chairman 2024
Elsan Santé HoldingTI Member of the Supervisory Board 2024
Financière RivageTI Member of the Supervisory Board 2024
Sphinx Reserve CoTI Member of the Supervisory Committee 2024
SAM TopcoTI Member of the Supervisory Committee 2024
Horace HoldingTI Member of the Supervisory Board 2022
Foreign companies
Tethys Invest CorpT (United States) Chairman and Director 2024
Tethys Invest Corp IIT  (United States) Chairman and Director 2024
Cambridge AssociatesTI (United States) Board Advisor (censeur) 2024
Skills related to L'Oréal's strategy and development objectives
  • Knowledge of the cosmetics sector and of L'Oréal
  • Experience of General Management
  • International profile
  • Financial expertise
  • ESG including Governance

T: Téthys subsidiary.
TI: Téthys Invest holding.