2022 Universal Registration Document

Chapter 2 : Corporate governance

Situation at 31 December 2022

This graph shows the situation at 31 December 2022.

Breakdown by Age

  • 61 to 70 years: 37%
  • 51 to 60 years: 44%
  • 41 to 50 years: 6%
  • Under 40 years: 13%

Seniority in Office*

  • 12 years and more: 14%
  • 4 to 12 years: 50%
  • 1 to 4 years: 36%

Breakdown by Gender*

  • Men: 50%
  • Women: 50%

* Excluding Directors representing the employees.

Qualifications and professional experience of the Directors
Skills base and shared expertise

All L’Oréal Directors provide the Board of Directors with:

  • Good judgement
  • Ethics
  • Concern for the interests of the Company
  • Strategic vision
  • A sense of innovation and entrepreneurship
  • International experience
  • Experience in the functioning of governance bodies
Skills related to the strategy and development objectives of L’Oréal

L’Oréal’s Directors complement one another on account of their different professional experience and business undertakings.

Their individual skills and expertise cover the areas indicated in the chart below.

This diagram shows the skills related to the strategy and development objectives of L’Oréal.

Directors

ESG : 13

HR Labour Relations: 12

Industrial Expertise Research Innovation: 8

Digital New Technologies E-commerce Retail : 10

Knowledge of cosmetic industry and of L’Oréal: 8

General management experience in international companies: 11

Knowledge of consumers: 12

Financial expertise: 11

With their complementary expertise and freedom of judgement, the Directors collectively ensure that the measures adopted contribute to the implementation of L’Oréal’s strategy.