2021 UNIVERSAL REGISTRATION DOCUMENT

Composition	Independence	Number of meetings in 2021	Attendance (average 100%)	Date of appointment to the Committee
Mr Jean-Paul Agon (Chairman)	Mr Jean-Paul Agon (Chairman) Independence	Mr Jean-Paul Agon (Chairman) Number of meetings in 20215	Mr Jean-Paul Agon (Chairman) Attendance (average 100%)100%	Mr Jean-Paul Agon (Chairman) Date of appointment to the Committee2011
Ms Françoise Bettencourt Meyers	Ms Françoise Bettencourt Meyers Independence		Ms Françoise Bettencourt Meyers Number of meetings in 2021100%	Ms Françoise Bettencourt Meyers Attendance (average 100%)2012
Mr Paul Bulcke	Mr Paul Bulcke Independence		Mr Paul Bulcke Number of meetings in 2021100%	Mr Paul Bulcke Attendance (average 100%)2017
Mr Patrice Caine	Mr Patrice Caine Independence◆		Mr Patrice Caine Number of meetings in 2021100%	Mr Patrice Caine Attendance (average 100%)2020
Mr Jean-Victor Meyers	Mr Jean-Victor MeyersIndependence		Mr Jean-Victor MeyersNumber of meetings in 2021100%	Mr Jean-Victor MeyersAttendance (average 100%)2020

◆ Independence within the meaning of the criteria of the AFEP-MEDEF Code as assessed by the Board of Directors.

It is specified that two members belong to the Bettencourt Meyers family and one member is linked to Nestlé.

An update on the latest CSR initiatives is presented at each meeting by Ms Alexandra Palt, Chief Corporate Responsibility Officer.

Providing insight, through its analyses, into the strategic orientations submitted to the Board.
Monitoring the implementation and advancement of significant operations in progress and ensuring that the main financial balances are maintained.
Examination of the main strategic lines of development, options or projects presented by the General Management, and their economic and financial consequences, opportunities for acquisitions and financial transactions likely to significantly change the balance sheet structure.
Verification of the integration of the Company’s commitments with regard to Sustainable Development, in light of the challenges specific to the Group’s business activities and its objectives.
Examination of the proposed strategic orientations defined by the Board of Directors for consultation of the Central Works Council.

Analysis of sales, update on business activities, regular report on the consequences of Covid-19.
Update on changes in the markets and on competition.
Analysis of the performance of the latest product launches.
Review of the Group’s strategic development prospects.
Review of the latest sustainable development initiatives.
Review of the proposed credit line subject to ESG criteria.
Review of the main acquisition projects, and follow-up of recent acquisitions.
Update on the brands.

2. Corporate Governance