2023 universal registration document

	Share capital	Reserves and retained earnings before appropriation of net profit	% holding	Gross	Net	Profit or loss in last financial year	DividendsFor foreign subsidiaries and investments, the capital, reserves and retained earnings have been translated into thousands of euros on the basis of year-end exchange rates, while profits and losses have been translated at average rate. It is specified that the list above is not exclusive. booked during the financial year
non-inclus				Carrying amount of shares held		non-inclus
L’Oréal Singapore Pte Ltd (Singapore)	6,402,955	-283,989	100.00%	6,394,939	4,656,039	13,053	0
L’Oréal Suisse S.A.	346	24,214	100.00%	160,311	160,311	210,960	18,919
L’Oréal Sverige AB (Sweden)	2,038	-2,679	100.00%	2,247	2,247	46,569	17,576
L’Oréal Taiwan Co Ltd (Taiwan Region)	187	-168	100.00%	17,881	17,881	29,278	28,276
L’Oréal Thailand Ltd	3,992	1,887	100.00%	5,238	5,238	24,105	12,341
L’Oréal Turkiye Kozmetik Sanayi Ve Ticaret Anonim Sirketi	67,289	-56,368	100.00%	55,093	14,243	26,288	628
L’Oréal UAE General Trading LLC (United Arab Emirates)	21,638	12,155	100.00%	34,523	34,523	7,693	7,194
L’Oréal UK Ltd (United Kingdom)	121,150	-70,360	100.00%	145,573	145,573	193,694	168,051
L’Oréal Ukraine	3,033	10,178	100.00%	2,990	0	22,942	0
L’Oréal Uruguay S.A.	244	1,364	100.00%	2,718	2,718	1,305	0
L’Oréal USA Inc.⁽³⁾	647,731	3,776,327	100.00%	4,851,879	4,851,879	1,151,532	1,115,323
L’Oréal Vietnam Co Ltd	13,537	-1,108	100.00%	13,646	13,646	11,139	9,167
L’Oréal West Africa Ltd (Ghana)	21,278	-21,031	100.00%	25,260	0	-495	0
Masrelor LLC (Egypt)	17,686	-13,544	100.00%	17,573	17,573	2,790	0
Nanda CO Ltd. (Korea)	-705	42,002	100.00%	486,139	486,139	22,424	14,309
Nihon L’Oréal KK (Japan)	-17,697	103,275	100.00%	351,504	351,504	20,766	0
L’Oréal Travel Retail Americas Inc. (USA)	40	1,611	100.00%	100,317	100,317	24,646	20,892
Procosa Productos de Beleza Ltda (Brazil)	154,665	-59,398	100.00%	223,938	103,138	4,095	43,936
P.T. L’Oréal Indonesia	1,510	5,040	99.00%	2,305	2,305	1,974	2,682
P.T. Yasulor Indonesia	70,936	477	99.99%	110,022	79,022	3,330	3,846
Scental Limited (Hong Kong SAR)	5	199	100.00%	8	8	0	0
B. Main foreign investments (Holdings of under 50%)
LIPP Distribution (Tunisia)	3,561	4,766	49.00%	9,009	9,009	1,982	0

For foreign subsidiaries and investments, the capital, reserves and retained earnings have been translated into thousands of euros on the basis of year-end exchange rates, while profits and losses have been translated at average rate. It is specified that the list above is not exclusive.
Data from the sub-consolidation of subsidiary L’Oréal USA Inc.

GLOBAL INFORMATION RELATING TO SUBSIDIARIES AND INVESTMENTS

	French	Foreign	French	Foreign
non-inclus	Subsidiaries		Other investments
Book value of shares held:
Gross (after revaluation)	1,801,950	16,651,540	498,421	9,009
Net	1,676,620	14,055,034	453,341	9,009
Amount of loans and advances granted	3,750,000	3,200
Amount of guarantees and security granted	6,275	1,834,026
Amount of dividends booked	860,702	3,894,824	420,889	0