2024 universal registration document

2. Corporate governance

SITUATION AT 31 DECEMBER 2024

BREAKDOWN BY AGE

BREAKDOWN BY AGE

This diagram represents a composition of the Board of Directors as of 31 December 2024.

Breakdown by Age

6% – Over 70

25% – 61 to 70

56% – 51 to 60

13% – Under 40

SENIORITY IN OFFICE*

SENIORITY IN OFFICE*

Seniority in Office (excluding employee representatives)*.

21% – More than 12 years

58% – 4 to 11 years

21% – Less than 4 years

BREAKDOWN BY GENDER*

BREAKDOWN BY GENDER*

Breakdown by Gender (excluding employee representatives)

57% – Men

43% – Women

DIRECTORS' QUALIFICATIONS AND PROFESSIONAL EXPERIENCE

Skills base and shared expertise

All L’Oréal Directors offer the Board of Directors:

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

L’Oréal’s Directors complement one another on account of their varied professional experience and business undertakings. Their individual skills and expertise cover the areas indicated in the chart below.

This diagram shows the personal skills and areas of expertise of L’Oréal’s Board members, as well as the fields they cover. Out of 16 Board members as of 31/12/2024:

Knowledge of the cosmetics industry and L’Oréal: 8

General management experience: 12

International profile: 10

Consumer knowledge: 12

Financial expertise: 14

Digital / New Technologies / Retail / E-Commerce: 11

Industrial expertise / Research and innovation: 8

Human resources / Social relations: 12

ESG expertise: 13

E (Environmental): 9

S (Social): 10