2021 UNIVERSAL REGISTRATION DOCUMENT

1. Presentation of the Group integrated report

THE STRATEGY

Glocalization

Meaning the globalisation of its brands with a detailed understanding and respect for local differences. The goal is to offer beauty by responding to the specific aspirations of consumers in every region of the world.

In contrast to standardisation, it is based on careful attention to consumers and a deep respect for their differences.

ETHICAL PRINCIPLES

INTEGRITY

Respect

Courage

TRANSPARENCY

STAKEHOLDERS

Employees
  • 1st prize for gender equality in business (Equileap France)
  • 97% of the Group’s permanent employees have access to healthcare coverage reflecting the best practices in their country of residence
  • 93% of the Group’s permanent employees have access to financial protection in the event of unexpected life events (including death or permanent disability)
Consumers
  • 96% of the Group’s products are eco-designed
Shareholders
  • Dividends distributed in 2021: €2.3 billion
  • Market capitalisation at 31/12/2021: €232.5 billion
  • Shareholder return over 10 years: +19.8% per year
  • Employee shareholders: approximately 30,000 employees
Providers and suppliers of goods and services
  • 82% of the direct and indirect strategic suppliers have completed a self-assessment of their sustainable development policy with the support of L’Oréal Group
Governments and local authorities
  • Tax charge in 2021: €2 billion
Communities
  • 985,089 people benefited from the brands’ social commitment programmes.
  • 13,946 people from underprivileged communities gained access to employment
Ecosystem and environment
  • Achieving zero waste to landfill for all plants and distribution centres (excluding regulatory obligations)
  • 35% reduction in CO2 emissions and 5% reduction in water consumption vs 2019 (plants and distribution centres)

BUSINESS ACTIVITY

2021 CONSOLIDATED SALES: €32.28 BILLION

Presence in over 150 countries
Diversity of distribution channels: hair salons, mass-market retail channels, perfume shops, department stores, pharmacies, drug stores, medispas, branded retail, travel retail, e-commerce

BREAKDOWN OF SALES (€ millions)

by operational division

This diagram shows the breakdown of sales by operating division in millions of euros   Professional Products: 3,783.9 L'Oréal Luxe: 12,346.2 Consumer Products: 12,233.5 Active Cosmetics: 3,924.0

by geographic zone

This diagram shows the breakdown of sales by geographical zone in millions of euros   Europe: 10,184.8 SAPMENA-SSA: 2,312.0 North America: 8,155.9 Latin America: 1,771.5 North Asia: 9,863.3

by business segment

This diagram shows the breakdown of sales by business segment in millions of euros   Skincare: 12,982.3 Hair colourants: 3,016.1 Make-up: 6,626.8 Perfumes: 3,511.8 Hair care: 4,880.1 Other: 1,270.6

(1) " Other” includes hygiene products and sales made by American distributors with non-Group brands.