Shareholder's Guide

Which shareholding

solution suits you best?

REGISTERED SHARES AND A SHARE SAVINGS PLAN

If you hold your L’Oréal shares in a share savings plan (PEA⁽¹⁾) and you would like to benefit from the advantages of holding registered shares, in particular the loyalty bonus, while keeping the tax advantages offered by the PEA, you should choose to hold managed registered shares.

ADVANTAGES OF DIRECTLY REGISTERED SHARES

If you would also like to benefit from free management and custody fees, as well as preferential brokerage and bank fees, you should choose to hold directly registered shares. However this is only possible outside a share savings plan (PEA)⁽¹⁾.

(1) In French, Plan d’épargne en actions.

	DIRECTLY REGISTERED	MANAGED REGISTERED	BEARER
CUSTODY OF YOUR SHARES	CUSTODY OF YOUR SHARES DIRECTLY REGISTERED UPTEVIA Grands Moulins de Pantin - Relations Actionnaires L’Oréal 9 rue du Débarcadère 93761 PANTIN, FRANCE	CUSTODY OF YOUR SHARES MANAGED REGISTERED Managed by your financial institution
MANAGEMENT OF YOUR SHARES	MANAGEMENT OF YOUR SHARES DIRECTLY REGISTERED Use the UPTEVIA secure website www.planetshares.uptevia.pro.fr or call + 33 1 40 14 80 50	MANAGEMENT OF YOUR SHARES MANAGED REGISTERED Managed by your financial institution
MANAGEMENT AND CUSTODY FEES TRADE ORDER	MANAGEMENT AND CUSTODY FEES TRADE ORDER DIRECTLY REGISTERED Free	MANAGEMENT AND CUSTODY FEES TRADE ORDER MANAGED REGISTERED Depending on your financial institution’s fees
TRADE ORDER	TRADE ORDER DIRECTLY REGISTERED Placed online on the secure website www.planetshares.uptevia.pro.fr or to be sent to UPTEVIA	TRADE ORDER MANAGED REGISTERED To be sent to your financial institution
BROKERAGE AND BANK FEES	BROKERAGE AND BANK FEES DIRECTLY REGISTERED Discounted rates Brokerage rate: 0.10% excl. VAT for all orders, no minimum Bank commission: €18.10 excl. VAT for paper confirmation forms, €8.10 excl. VAT for all other orders (internet) Payment costs: free of charge for bank transfers (France or international), an additional €30 excl. VAT for all payments by cheque	BROKERAGE AND BANK FEES MANAGED REGISTERED Depending on you financial institution’s fees
ANNUAL TAX DECLARATION	ANNUAL TAX DECLARATION DIRECTLY REGISTERED A single tax declaration form (IFU in French) concerning trading in L’Oréal shares only is sent to you by UPTEVIA	ANNUAL TAX DECLARATION MANAGED REGISTERED A single tax declaration form (IFU in French) showing all the transactions on your share account is sent to you by your financial institution
ENTITLEMENT TO LOYALTY BONUS OF +10%	ENTITLEMENT TO LOYALTY BONUS OF +10% DIRECTLY REGISTERED Yes, for shares that have been held in registered form continuously for two full calendar years at 31 December and until the date of payment of the dividend	ENTITLEMENT TO LOYALTY BONUS OF +10% MANAGED REGISTERED	ENTITLEMENT TO LOYALTY BONUS OF +10% BEARER No
NOTICE TO ATTEND THE ANNUAL GENERAL MEETING	NOTICE TO ATTEND THE ANNUAL GENERAL MEETING DIRECTLY REGISTERED Automatically receive the convening notice in paper form or in electronic form if you choose the e-invitation	NOTICE TO ATTEND THE ANNUAL GENERAL MEETING MANAGED REGISTERED	NOTICE TO ATTEND THE ANNUAL GENERAL MEETING BEARER Convening notice available from your financial institution on request
L’ORÉAL AND YOU	L’ORÉAL AND YOU DIRECTLY REGISTERED Automatically receive the Letter to Shareholders and invitations to shareholder meetings in your region	L’ORÉAL AND YOU MANAGED REGISTERED	L’ORÉAL AND YOU BEARER Invitations and information available by email on request