2022 Universal Registration Document

Chapter 1 : Presentation of the Group – Integrated Report

Composition of the Board at 31 December 2022
Chairman

Mr Jean-Paul Agon

Age : 66

Female/Male : M

Nationality : French

N° of offices in listed companies* : 0

Independence : no

Initial date of appointment : 25/04/2006

Expiry date of term of office (AGM) : 2026

Years of service on the Board : 16

Board Committees

Strategy and Sustainability : Chairman of the Committee C

Chief Executive Officer

M. Nicolas Hieronimus

Age : 58

Female/Male : M

Nationality : French

N° of offices in listed companies* : 0

Independence : no

Initial date of appointment : 20/04/2021

Expiry date of term of office (AGM) : 2025

Years of service on the Board : 1

Board Committees

 

Françoise Bettencourt Meyers and her family

Françoise Bettencourt Meyers

Vice-Présidente

Age : 69

Female/Male : F

Nationality : French

N° of offices in listed companies* : 0

Independence : no

Initial date of appointment : 12/06/1997

Expiry date of term of office (AGM) : 2025

Years of service on the Board : 25

Board Committees

Strategy and Sustainability : Member of the Committee

HR and Remuneration : Member of the Committee

Nominations and Governance : Member of the Committee

Françoise Bettencourt Meyers and her family

M. Jean-Victor Meyers

Age : 36

Female/Male : M

Nationality : French

N° of offices in listed companies* : 0

Independence : no

Initial date of appointment : 13/02/2012

Expiry date of term of office (AGM) : 2024

Years of service on the Board : 10

Board Committees

Strategy and Sustainability : Member of the Committee

Françoise Bettencourt Meyers and her family

M. Nicolas Meyers

Age : 34

Female/Male : M

Nationality : French

N° of offices in listed companies* : 0

Independence : no

Initial date of appointment : 30/06/2020

Expiry date of term of office (AGM) : 2024

Years of service on the Board : 2

Board Committees

Audit : Membre du Comité

Directors linked to Nestlé

M. Paul Bulcke **

Vice-Président

Age : 68

Female/Male : M

Nationality : Belgian Swiss

N° of offices in listed companies* : 1

Independence : no

Initial date of appointment : 20/04/2017

Expiry date of term of office (AGM) : 2025

Years of service on the Board : 5

Board Committees

Strategy and Sustainability : Member of the Committee

HR and Remuneration : Member of the Committee

Nominations and Governance : Member of the Committee

Directors linked to Nestlé

Mme Béatrice Guillaume-Grabisch

Age : 58

Female/Male : F

Nationality : French

N° of offices in listed companies* : 0

Independence : no

Initial date of appointment : 20/04/2016

Expiry date of term of office (AGM) : 2024

Years of service on the Board : 6

Board Committees

Audit : Member of the Committee

Independent directors

Mme Sophie Bellon

Age : 61

Female/Male : F

Nationality : French

N° of offices in listed companies* : 1

Independence : yes

Initial date of appointment : 22/04/2015

Expiry date of term of office (AGM) : 2023

Years of service on the Board : 7

Board Committees

HR and Remuneration : Chairman of the Committee C

Nominations and Governance : Chairman of the Committee C

Independent directors

M. Patrice Caine

Age : 52

Female/Male : M

Nationality : French

N° of offices in listed companies* : 1

Independence : yes

Initial date of appointment : 17/04/2018

Expiry date of term of office (AGM) : 2026

Years of service on the Board : 4

Board Committees

Strategy and Sustainability : Member of the Committee

Nominations and Governance : Member of the Committee

Independent directors

Mme Fabienne Dulac

Age : 55

Female/Male : F

Nationality : French

N° of offices in listed companies* : 1

Independence : yes

Initial date of appointment : 18/04/2019

Expiry date of term of office (AGM) : 2023

Years of service on the Board : 3

Board Committees

Audit : Member of the Committee

HR and Remuneration : Member of the Committee

Independent directors

Mme Belén Garijo

Age : 62

Female/Male : F

Nationality : Spanish

N° of offices in listed companies* : 2

Independence : yes

Initial date of appointment : 17/04/2014

Expiry date of term of office (AGM) : 2026

Years of service on the Board : 8

Board Committees

HR and Remuneration : Member of the Committee

Independent directors

Mme Ilham Kadri

Age : 53

Female/Male : F

Nationality : French Moroccan

N° of offices in listed companies* : 2

Independence : yes

Initial date of appointment : 30/06/2020

Expiry date of term of office (AGM) : 2024

Years of service on the Board : 2

Board Committees

Audit : Member of the Committee

Independent directors

Mme Virginie Morgon

Age : 53

Female/Male : F

Nationality: French

N° of offices in listed companies* : 1

Independence : yes

Initial date of appointment : 26/04/2013

Expiry date of term of office (AGM) : 2025

Years of service on the Board : 9

Board Committees

Audit : Chairman of the Committee C

Independent directors

M. Alexandre Ricard

Age : 50

Female/Male : M

Nationality : French

N° of offices in listed companies* : 1

Independence : yes

Initial date of appointment : 20/04/2021

Expiry date of term of office (AGM) : 2025

Years of service on the Board : 1

Board Committees

Strategy and Sustainability : Member of the Committee

Directors representing employees

M. Thierry Hamel

Age : 68

Female/Male : M

Nationality : French

N° of offices in listed companies* : 0

Independence : no

Initial date of appointment : 21/04/2022

Expiry date of term of office (AGM) : 2026

Years of service on the Board : < 1

Board Committees

Directors representing employees

M. Benny de Vlieger

Age : 58

Female/Male : M

Nationality : Belgian

N° of offices in listed companies* : 0

Independence : no

Initial date of appointment : 21/04/2022

Expiry date of term of office (AGM) : 2026

Years of service on the Board : < 1

Board Committees

Composition of the Board at 31 December 2022

56.8

average age of directors

50 %

independent directors ***

50 %

female directors ***

50 %

male directors ***

◆ Independence within the meaning of the criteria of the AFEP-MEDEF Code as assessed by the Board of Directors ● Member of the Committee C Chairman of the Committee

* Number of offices (excluding L’Oréal) held in listed companies, including foreign companies, in accordance with the provisions of Article 20 of the AFEP-MEDEF Code (i.e. excluding offices in subsidiaries and shareholdings, held alone or in concert, by a corporate executive officer of companies whose main activity is to acquire and manage such holdings).

** Paul Bulcke was a Director of L’Oréal from 2012 to June 2014 and then again since 2017.

*** Excluding directors representing employees.