Sharing Beauty With All. Our vision Our commitments Our results Living sustainably

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2 Sharing Beauty With All Our vision Our commitments Our results Living sustainably

3 L ORÉAL IN SHORT

4 L ORÉAL KEY FIGURES /p. 1COSMETICS GROUP WORLDWIDE MISSION = BEAUTY BILLION NEW CONSUMERS 40 INTERNATIONAL BRANDS EUROS 25.26BILLION OF SALES 80,000 EMPLOYEES 130 COUNTRIES MOLECULES CREATED BY R & I

5 A LEADER IN BEAUTY IN THE NORDIC REGION / #1 in beauty on all 4 markets / Average market share of 25 percent. / 900 employees / Headquarters in Copenhagen and Country offices in Stockholm, Oslo and Helsinki

6 A PORTFOLIO of complementary brands to meet all Beauty needs

7 OUR IDENTITY/p. 7 ACROSS ALL CHANNELS HAIR SALONS MASS MARKET DEPARTMENT STORES PERFUMERIES PHARMACIES DRUGSTORES MEDISPAS BRANDED RETAIL TRAVEL RETAIL HAIRCARE HAIR COLOR SKIN CARE FRAGRANCES MAKE-UP ACROSS ALL CATEGORIES

8 OUR SUSTANABILITY & CSR VISION AND COMMITMENTS

9 OUR VISION /p. 9 OUR VISION - Our program of sustainable development commitments - Ambitious targets to be reached by 2020 «Growth is a matter of financial performance. The future is a matter of behaving responsibly. Our objective is clear: to become one of the leaders of a new economic development model, which is increasingly ecological, responsible and inclusive» Jean-Paul Agon, CEO

10 OUR SUSTAINABILITY VISION 10 /p. To make beauty sustainable, and to make sustainability beautiful. DESIGN & SOURCING INNOVATING SUSTAINABLY LESS & MORE PRODUCING SUSTAINABLY PEOPLE & PARTNERS DEVELOPING SUSTAINABLY INFORM & EMPOWER LIVING SUSTAINABLY

11 Elaboration of the targets We have identified the relevant issues : Regarding our activity and business they had to concern the heart of our business Regarding our impacts (environmental, social, economic)

12 SHARING BEAUTY WITH ALL Our ambitious sustainable commitments to be met by 2020, impacting all our activities all along our value chain, deployed all around the world with dedicated action plans INNOVATING SUSTAINABLY PRODUCING SUSTAINABLY LIVING SUSTAINABLY DEVELOPING SUSTAINABLY EMPLOYEES DEVELOPING SUSTAINABLY SUPPLIERS DEVELOPING SUSTAINABLY COMMUNITIES By 2020, we will innovate so that 100% of products have an environmental or social benefit. By 2020, we will reduce our environmental footprint by 60 % whilst bringing beauty to one billion new customers. By 2020, we will empower every L ORÉAL consumer to make sustainable consumption choices while enhancing the beauty of the planet. By 2020, L'ORÉAL employees will have access to health care, social protection and training, wherever they are in the world. By 2020, 100% of our strategic suppliers will be participating in our supplier sustainability program. By 2020, we will enable more than 100,000 people from underprivileged communities, equivalent to the size of our global workforce, to access work.

13 ENVIRONMENTAL FOOTPRINT BY 2020 FROM A 2005 BASELINE -60%CO2 EMISSION WATER CONSUMPTION ENERGY CONSUMPTION WASTE

14 SHARING BEAUTY WITH ALL EMPLOYEES By 2020, L Oréal employees will have access to health care, social protection and training, wherever they are in the world SUPPLIERS By 2020, 100% of ourstrategicsupplierswillbe participating in our supplier sustainability programme COMMUNITIES By 2020, wewillenablemore than100,000 people from underprivilegedcommunities, equivalentto the size of our global workforce, to access work

15 INNOVATING SUSTAINABLY SHARING BEAUTY WITH ALL PROMOTING BIODIVERSITY Raw materials: 46 % of new products uses renewable raw materials of plant origin Green chemistry: 22 % of our new raw materials comply with the principles of green chemistry Responsible sourcing; 100 % of our shea butter supplies comes from fair-trade sources Palm oil: 100 % of our palm oil supplies are certified sustainable ENVIRONMENTAL PROTECTION with priority given to water Our plants have reduced their consumption of water by re-use and recycling of water and by finding new cleaning solutions. We are formulating shampoo s that can be rinsed off with only one liter of water, compared to the current average of seven liters.

16 SHARING BEAUTY WITH ALL GLOBAL CO 2 neutral plants L Oréal s plants in Libramont (Belgium), Settimo (Italy), Burgos (Spain), Ychang (China), and Rambouillet (France) have already achieved a CO 2 emissions neutral status by the end of LOCAL Distribution Center Greve Denmark Dedicated work to reduce water, CO 2 emissions and waste. From waste was reduced by 23%. 87 % Of our products are in-house production 58% CO2 reduction in % Waste reduction from 2013 to 2015.

17 SHARING BEAUTY WITH ALL VIDEO OUR RESULTS

18 L ORÉAL INFORMATION STAND AT COP21 IN PARIS

19 SHARING BEAUTY WITH ALL LIVING SUSTAINABLY By 2020, we will empower every L Oréalconsumer to make sustainable choices while enhancing the beauty of the planet

20 SHARING BEAUTY WITH ALL HELPING THE CONSUMER TO SUSTAINABLE CHOICES PROMOTING responsible communication Biotherm, via The BiothermWater Lovers platform, designs products that use less water, and works to raise consumer awareness about the need to conserve water. RAISING consumer awareness La Roche-Posayhas been proactively involved in the fight against skin cancer Free screenings by dermatologists people screened in more than 30 countries in 2014 Almost 1000 persons screened in Denmark in 2015

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22 USA RECYCLING OF SHAMPOO BOTTLES

23 CORPORATE SOCIAL RESPONSABILITY /p. OUR GLOBAL AND LOCAL PHILANTROPY PROGRAMS For Women in Science In partnership with UNESCO, the For Women in Science program provides support for women researchers on all continents and at different points in their careers. Product donations to organizations L Oréal donates products to humanitarian organizations to support under privileged people. In Denmark, L Oréal supports the Look Good Feel Better association, the Red Cross, centrally and regionally, Girltalk.dk, Børnehjælpsdagen, Alexandrakollegiet, Danner Stiftelsen, Løkkefonden og andre.

24 L ORÉAL SUPPORTS UN GLOBAL COMPACT L Oréal is a signatory of the United Nations Global Compact since In the framework of the United Nations Global Compact, L Oréal is committed to supporting and implementing, the ten fundamental principles relating to human rights, labor standards, the environment and the fight against corruption. With 8,000 corporate signatories in 145 countries, it is the world s largest voluntary corporate sustainability initiative. 5 % of corporate signatories have reached Advanced level in United Nations Global Compact. L Oréal is one of them. GLOBAL 100 Index In 2015, L Oréal ranked #14 most sustainable company by Corporate Knights. L ORÉAL RECOGNISED for the 6 th time as one of the World s Most Ethical Companies

25 CO2 EMISSION L ORÉAL WILL BE CARBON BALANCED BY 2020 NEW AMBITION BECOME CARBON BALANCED IN 2020 Capturing quantities of carbon equivalent to those we emit

26 THANK YOU FOR YOUR ATTENTION!

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29 OUR CORPORATE SOCIAL RESPONSABILITY