The following receivables and payables were recorded on the balance sheet for the related parties:
| € millions | 31.12.2023 | 31.12.2022 | 31.12.2021 |
|---|---|---|---|
| Operating receivables |
Operating receivables 31.12.2023— |
Operating receivables 31.12.2022— |
Operating receivables 31.12.20210.1 |
| Operating payables |
Operating payables 31.12.2023— |
Operating payables 31.12.2022— |
Operating payables 31.12.2021— |
| Financial receivables |
Financial receivables 31.12.20230.1 |
Financial receivables 31.12.20220.1 |
Financial receivables 31.12.20210.1 |
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 agreements under 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.
On 29 December 2023, the agreements concluded in 2016 were terminated and a new lock-up agreement was concluded pursuant to Article 787 B of the French General Tax Code, representing the same number of L’Oréal shares and similar to those concluded in 2016, with the addition of the company Financière L’Arcouest (controlled by Ms Françoise Bettencourt Meyers and her family) as a signatory.
FEES FOR THE 2023 FINANCIAL YEAR
| non-inclus | Ernst & Young Audit | Deloitte & Associés | ||||||
|---|---|---|---|---|---|---|---|---|
| non-inclus | 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 | 1.7 | 55% | n/a | n/a | 1.8 | 52% | n/a | n/a |
| Fully consolidated subsidiaries | 0.9 | 29% | 4.8 | 61% | 0.9 | 27% | 5.6 | 77% |
| Subtotal | 2.6 | 84% | 4.8 | 61% | 2.7 | 79% | 5.6 | 77% |
| Non-audit services(1)Mainly concerning acquisition audits and IT services. | ||||||||
| L’Oréal | 0.5 | 16% | 2.6 | — | 0.7 | 21% | 0.6 | — |
| Fully consolidated subsidiaries | — | —% | 0.5 | 6% | — | — | 1.1 | 15% |
| Subtotal | 0.5 | 16% | 3.1 | 39% | 0.7 | 21% | 1.7 | 23% |
| TOTAL |
3.1 |
100% |
7.9 |
100% |
3.4 |
100% |
7.3 |
100% |
