Shareholder's Guide 2024/2025 Edition

Creating value through beauty

Creating value through beauty

SHARE PRICE from 22 April 2019 to 22 April 2024(1)

This graph shows the share price from 22 April 2019 to 22 April 2024 (CAC 40 index rebased on L'Oréal's share price since 22 April 2019), L'Oréal vs CAC 40 rebased since 22/04/2019. 04/2019:- L'Oréal : €243.20 CAC 40 rebased since 22/04/2019 : 5, 580.38 04/2024:- L'Oréal : €441.00 (+81.33%) CAC 40 rebased since 22/04/2019 : 8, 040.36 (+44.08%).

HYPOTHESIS

Total Shareholder Return over ten years, for €15,000 invested in L’Oréal shares, including reinvestment of dividends, excluding bank charges and tax.

2014 : €15,031 & 123 SHARES, + 15.5 % PER YEAR, CAPITAL INVESTMENT x 4, 2024 : €66,150 & 150 SHARES

TOTAL SHAREHOLDER RETURN(2)

Among the various economic and financial measures of value creation, L’Oréal prefers Total Shareholder Return (TSR). This indicator is based on a range of criteria, including the share price and revenue received in the form of dividends, excluding taxes on capital gains and dividends, based on the closing share price on 22 April 2024.

A loyalty bonus for registered shares

Before the end of 2024

Register your shares in your name.

2025/2026

Hold your registered shares continuously for two full calendar years.

From 2027

Receive your first +10% loyalty bonus (preferential dividend) for shares continuously held in registered form in 2025 and 2026. You will be entitled to receive the +10% loyalty bonus in subsequent years if you hold your shares in registered form continuously.

2024

20252026

2027 2028

(1) CAC40 index rebased on the L’Oréal share price since 22/04/2019 // Source: Refinitiv, share price on 22/04/2024.

(2) Total Shareholder Return of the investment, assuming that the shares are sold at the closing price on 22 April 2024.