L’Oréal has been informed that on 16 December 2016, the members of the Bettencourt Meyers family group, and Mr. Jean-Paul Agon for 100 shares, signed lock-up agreement sunder the Dutreil law for 185,704,189 L’Oréal shares representing 33.065% of the capital and of the voting rights of the Company on the date of the agreement.
The lock-up agreements were concluded in application of Articles 787 B and 885 I bis of the French General Tax Code for a period of two years, tacitly renewable for one-year periods. They do not include any preferential rights for sales or acquisitions for the benefit of the signatories and do not constitute a concerted action vis-à-vis the Company.
In 2022, no significant transactions were carried out with a member of senior management or a shareholder with a significant influence, except for the operation above.
| Ernst & Young Audit | Deloitte & Associés | |||||||
|---|---|---|---|---|---|---|---|---|
| Auditor Ernst & Young Audit | Network | Auditor Deloitte & Associés | Network | |||||
| € millions excl. VAT | Amount | As a % | Amount | As a % | Amount | As a % | Amount | As a % |
| Review of interim, company and consolidated financial statements | ||||||||
| L’Oréal | 1.6 | 64% | n/a | n/a | 1.5 | 56% | n/a | n/a |
| Fully consolidated subsidiaries | 0.7 | 29% | 4.7 | 53% | 0.6 | 22% | 5.0 | 64% |
| Subtotal | 2.3 | 93% | 4.7 | 53% | 2.1 | 78% | 5.0 | 64% |
| Non-audit services(1) | ||||||||
| L’Oréal | 0.2 | 7% | 2.3 | 26% | 0.6 | 22% | 1.3 | 16% |
| Fully consolidated subsidiaries | — | —% | 1.9 | 21% | — | — | 1.6 | 20% |
| Subtotal | 0.2 | 7% | 4.2 | 47% | 0.6 | 22% | 2.9 | 36% |
| TOTAL | 2.5 | 100% | 8.9 | 100% | 2.7 | 100% | 7.9 | 100% |
(1) Mainly concerning acquisition audits.
| PricewaterhouseCoopers | Deloitte & Associés | |||||||
|---|---|---|---|---|---|---|---|---|
| Auditor PricewaterhouseCoopers Audit | Network | Auditor Deloitte & Associés | Network | |||||
| € millions excl. VAT | Amount | As a % | Amount | As a % | Amount | As a % | Amount | As a % |
| Review of interim, company and consolidated financial statements | ||||||||
| L’Oréal | 1.2 | 55% | n/a | n/a | 1.4 | 54% | n/a | n/a |
| Fully consolidated subsidiaries | 0.7 | 32% | 4.0 | 56% | 0.6 | 22% | 4.7 | 83% |
| Subtotal | 1.9 | 86% | 4.0 | 56% | 2.0 | 76% | 4.7 | 83% |
| Non-audit services(1) | ||||||||
| L’Oréal | 0.3 | 14% | 2.1 | 29% | 0.6 | 24% | — | — |
| Fully consolidated subsidiaries | — | — | 1.1 | 15% | — | — | 0.9 | 17% |
| Subtotal | 0.3 | 14% | 3.2 | 44% | 0.6 | 24% | 0.9 | 17% |
| TOTAL | 2.2 | 100% | 7.2 | 100% | 2.6 | 100% | 5.6 | 100% |
(1) Mainly concerning acquisition audits.
No significant events occurred between the balance sheet date and the date on which the consolidated financial statements were approved by the Board of Directors.
