TAKE PART IN THE L'ORÉAL ADVENTURE

Page created by Kurt Hudson
 
CONTINUE READING
TAKE PART IN THE L'ORÉAL ADVENTURE
2021/2022 EDITION

                                                                                                                                                              TAKE PART
                                                                                                                                                                  IN THE
OUR INDIVIDUAL SHAREHOLDER RELATIONS TEAM                                                                                                                       L’ORÉAL
IS DEDICATED TO ANSWER YOUR QUESTIONS                                                                                                                        ADVENTURE
Contact us from France:
      0 800 66 66 66
Contact us from outside France:
      +33 1 40 14 80 50
Contact us by email:
      contact@loreal-finance.com

USEFUL INFORMATION

Find out more on the L’Oréal Finance website:
www.loreal-finance.com

For more information about the L’Oréal group,
please consult our Annual Report:
www.lorealannualreport2020.com
                                                                                                  Download the mobile app

Edited by the L’Oréal Financial Communications team - www.loreal-finance.com. Copyrights: Hunter & Gatti Armani (cover), L’Oréal Professionnel (cover),
L’Oréal Paris (p.2), Candice Millon /Publicis / Helena Rubinstein (p.3), Aleaimage (p.4), Bruno & Nicolletta Van Mossevelde / Vichy (p.6), L’Oréal (p.11).
Production: Makassar
TAKE PART IN THE L'ORÉAL ADVENTURE
BECAUSE BEAUTY IS A
        Become                                                                                    VALUE FOR THE FUTURE
      a registered
      shareholder
      and receive
           A LOYALTY
           BONUS OF

             +10                   %
                                                                                                    1st                                27.99                                    5.21                                   85,400
                                                                                                      cosmetics                         billion euros                           billion euros in                        employees
                                                                                                      group                             of sales in 2020                        operating profit
                                                                                                      worldwide 1                                                               in 2020
      A preferential dividend:
      €4.401 instead of €4.002
                                                                                                     35
                                                                                                     brands
                                                                                                                                                                                                                       Commitments for

                                                                                                                                       500                                      26.6%                                  2030
                                                                                                    150
                                                                                                      countries
                                                                                                                                        patents
                                                                                                                                        registered
                                                                                                                                        in 2020
                                                                                                                                                                                of consolidated
                                                                                                                                                                                sales in
                                                                                                                                                                                e-commerce 2
                                                                                                                                                                                                                       “L’Oréal for
                                                                                                                                                                                                                       the Future” 3

(1) For shareholders who continuously hold their shares in registered
form for a minimum of two full calendar years at 31 December 2020,      (1) Source: WWD, “Beauty’s Top 100”, May 2020.
up to a maximum of 0.5% of the capital for the same shareholder.        (2) Sales achieved on our brands’ websites + estimated sales achieved by our brands corresponding to sales through our retailers’ websites in 2020 (non-audited data).
(2) Dividend approved at the Annual General Meeting of 20 April 2021.   (3) Corporate Social Responsibility programme of the L’Oréal group.
TAKE PART IN THE L'ORÉAL ADVENTURE
WHY SHOULD YOU                                                                                           BEAUTY, CREATING
                                                                                                         VALUE
                                                                                                                                                                             SHARE PRICE from 29 April 2016 to 30 April 2021 1
TAKE PART IN                                                                                                         350
                                                                                                                             CAC 40 index rebased on the L'Oréal share price since 29 April 2016
                                                                                                                                                                                                                                                                                €341.65
                                                                                                                                                                                                                                                                                +115.60%

THE L’ORÉAL
                                                                                                                     330

                                                                                                                     310     L’Oréal

ADVENTURE?
                                                                                                                     290

                                                                                                                     270

                Being a L’Oréal shareholder means believing in the                                                  250                                                                                                                                                         6,269.48

                strength of the Group’s balanced, value-creating                                                    230
                                                                                                                                                                                                                                                                                +41.60 %

                development model, underpinned by decisive assets.                                                  210

                                                                                                                    190

                                                                                                         €158.45
                                                                                                                    170

                                                                                                        4,428.96 150
                                                                                                                     130

                                                                                                                     29/04/2016      29/10/2016     29/04/2017      29/10/2017       29/04/2018    29/10/2018      29/04/2019     29/10/2019   29/04/2020   29/10/2020   30/04/2021

         L’ORÉAL: THE MARKET LEADER                                                                                                                                                         HYPOTHESIS                TOTAL SHAREHOLDER RETURN 2
                                                                                                                                                                                 Total Shareholder Return             Amongst the various economic and financial measures
        OUR MISSION                    OUR VISION                       OUR PASSION                                                                                                     over ten years, for           of value creation, L’Oréal prefers Total Shareholder
                                                                                                                                    CAPITAL        €72,430                              €15,000 invested              Return (TSR). This indicator is based on a range
        Beauty for All                 Beauty: a long-term              Innovation                                     +16.81%
                                                                                                                                   INVESTED
                                                                                                                                    x 4.8         212 SHARES                             in L’Oréal shares,           of criteria, including the share price and revenue
        L’Oréal is present worldwide   perspective                      L’Oréal’s passionate teams
                                                                                                        €14,982
                                                                                                        175 SHARES
                                                                                                                       PER  YEAR
                                                                                                                                                                                   including reinvestment             received in the form of dividends (excluding
        in all market segments and                                      have an insatiable appetite                                                                               of dividends, excluding             taxes on capital gains and dividends, based
                                       Our acquisition policy, brand                                                                                                                bank charges and tax.             on the closing share price on 30 April 2021).
        product categories: from       strategies, corporate social     for innovation, in order
        luxury to dermocosmetics,      responsibility, shareholder      to make L’Oréal a major             2011                                          2021

        by way of consumer products    policy, and Corporate            beauty player and digital
        and hair products.             governance guidelines            pioneer on the market
        The Group is underpinned       all adopt a long-term            and to provide consumers
        by a balanced business         perspective. Given the           with the best in beauty          A LOYALTY BONUS
                                                                        in all distribution channels.
        model that drives long-term,   uncertain and volatile context                                    FOR REGISTERED SHARES
        profitable growth.             of the global economy,
                                       this is a major asset for                                                                                                                                                      BEFORE THE END OF 2021 Register your shares.
                                       sustainable growth.                                                  What are registered shares?
                                                                                                            These shares are registered in your name, which enables you                                               2022/2023 Hold your registered shares continuously
                                                                                                            to receive information from L’Oréal directly.                                                             for two full calendar years.
                                                                                                                                                                                                                      FROM 2024 Receive for the first time the +10%
                                                                                                                                                                                                                      loyalty bonus for your shares continuously held
                                                                                                            Your loyalty is rewarded                                                                                  in registered form since 2021.
                                                                                                            If you register your shares and keep them for two years,                                                  You will be entitled to receive the +10% loyalty bonus
                                                                                                            L’Oréal offers you an additional dividend of +10%3.                                                       in subsequent years if you hold your shares continuously
                                                                                                                                                                                                                      for two full calendar years.

                                                                                                        (1) CAC 40 index rebased on the L’Oréal share price since 29/04/2016. Source: Thomson Reuteurs Eikon, share price on 30/04/2021.
                                                                                                        (2) Total Shareholder Return of the investment, assuming that the shares are sold at the closing price on 30/04/2021.
                                                                                                        (3) Up to a maximum of 0.5% of the capital for the same shareholder, at the closing date of the previous financial year.
TAKE PART IN THE L'ORÉAL ADVENTURE
OUR BRANDS                                                        HOW ARE REGISTERED                           WILL TRANSFERRING                             HOW MUCH HAS L’ORÉAL
                                                                              SHARES TAXED?                                MY L’ORÉAL SHARES TO                          NEGOTIATED BROKERAGE
CONSUMER   L’ORÉAL   PROFESSIONAL     ACTIVE                                  Registering your shares has no fiscal        REGISTERED FORM COST                          COSTS AT FOR DIRECTLY
PRODUCTS     LUXE      PRODUCTS     COSMETICS                                 impact. The tax regime for registered        ME ANYTHING AND HOW                           REGISTERED SHARES?
                                                                              shares is the same as for bearer shares.     CAN I BE REIMBURSED?                          L’Oréal has negotiated very competitive
                                                                              If you hold L’Oréal shares in a PEA (share                                                 brokerage costs for you:
                                                                              savings plan) and wish to benefit from       Some financial institutions may charge

                                                YOUR QUESTIONS, OUR ANSWERS
                                                                              the advantages of registered shares, then    you for transferring shares to directly        
                                                                                                                                                                          Brokerage rate: 0.10% for all orders.
                                                                              managed registered shares are for you.       registered form and we recommend that          No minimum.
                                                                                                                           you ask your bank for information. We
                                                                                                                           remind you that L’Oréal will reimburse you      ank commission:
                                                                                                                                                                          B
                                                                              IF I REGISTER MY SHARES,                     any transfer costs for directly registered     €18.10 excl. VAT for paper forms;
                                                                              CAN I SELL THEM AS EASILY?                   shares up to a maximum of 50 euros.            €8.10 excl. VAT for all other orders;
                                                                                                                           You simply have to send your request for       €30 excl. VAT additional fee for
                                                                              Yes, your registered shares can be           reimbursement, together with proof of          payment by cheque.
                                                                              disposed of at any time, just like bearer    your transfer costs, and full bank details,
                                                                              shares. You retain complete freedom to       to the following address:
                                                                              manage your shares.                          BNP Paribas Securities Services               WHERE CAN I LEARN
                                                                                                                           C.T.S. Emetteurs                              MORE ABOUT REGISTERED
                                                                              HOW LONG WILL IT TAKE                        Service Mouvement Titres                      SHARES?
                                                                                                                           Grands Moulins de Pantin
                                                                              TO REGISTER OR TRANSFER                      9 rue du Débarcadère
                                                                                                                                                                         You can learn more at
                                                                              MY SHARES TO REGISTERED                      93761 PANTIN CEDEX                            www.loreal-finance.com
                                                                              FORM?                                        FRANCE                                        Shareholders section / Loyalty Bonus
                                                                                                                                                                         and Registered Shares.
                                                                              The time required varies by financial
                                                                              institution. As a reminder, to benefit       HOW WILL I HEAR ABOUT                         You will find all of the information you
                                                                              from the loyalty bonus from 2024, your       EXCLUSIVE L’ORÉAL EVENTS?                     need, as well as the enrolment, transfer
                                                                              shares must be converted to managed                                                        and purchase forms. You can also call
                                                                              registered or directly registered by         When you register your shares or              0 800 66 66 66 (toll free from a landline
                                                                              31 December 2021. To ensure you meet         transfer them to registered form, please      in France) or +33 1 40 14 80 50 (outside
                                                                              the deadline, we suggest you send your       remember to provide your e-mail               France).
                                                                              registration order by 15 December 2021       address, so we can send you invitations
                                                                              at the latest.                               to our exclusive shareholder events.

                                                                                                                                                                                    WE ARE HERE
                                                                                                                                                                                  TO ADVISE YOU
                                                                                                                                                                                IN YOUR CHOICES
                                                                              (1) In French, Plan d’épargne en actions.
TAKE PART IN THE L'ORÉAL ADVENTURE
DIRECTLY REGISTERED                          MANAGED REGISTERED                               BEARER
HOW TO CHOOSE                                CUSTODY OF               BNP Paribas Securities Services                                                                   Managed by                              HOW CAN YOU FOLLOW YOUR REGISTERED SHARES?
THE METHOD OF                                YOUR SHARES              Grands Moulins de Pantin - Relations Actionnaires L’Oréal
                                                                      9 rue du Débarcadère, 93761 PANTIN CEDEX – France
                                                                                                                                                                  your financial institution                   The introduction of the preferential dividend has made
HOLDING YOUR                                                                                                                                                                                                   it necessary to create specific ISIN codes. These codes
                                                                                                                                                                                                               make it possible to determine each year whether the
SHARES?                                      MANAGEMENT               Use the BNP Paribas Securities Services                                                           Managed by                             shares concerned will give the right to an ordinary
                                             OF YOUR SHARES           secure website www.planetshares.bnpparibas.com                                              your financial institution                   dividend or a preferential dividend.
Identify the advantages                                               or call +33 1 40 14 80 50 from outside France
that interest you the most!
                                             MANAGEMENT AND
                                                                                                                                                                       Depending on
                                             CUSTODY FEES             FREE
                                             TRADE ORDER                                                                                                       your financial institution’s fees

                                                                                                                                                                                                                                                                                                 TRADING CODE
                                                                                                                                                                                                               FR0000120321
                                                                                                                                                                                                               The L’Oréal share is listed and traded under ISIN code FR0000120321.
                                             TRADE ORDER              Placed online on the secure website www.planetshares.bnpparibas.com                              To be sent to
                                                                      or to be sent to BNP Paribas Securities Services                                                                                         L’Oréal shares which have been registered during the current year are
                                                                                                                                                                  your financial institution
                                                                                                                                                                                                               identified by this code and will be recognised by a bonus code
                                                                                                                                                                                                               when they benefit from the loyalty bonus after two full calendar years.
                                                                      DISCOUNTED RATES
                                             BROKERAGE                 Brokerage rate: 0.10 % for all orders, no minimum
                                                                        Bank commission: €18.10 excl. VAT for confirmation forms;                              Depending on you financial
                                             AND BANK FEES                                                                                                          institution’s fees
                                                                         €8.10 excl. VAT for all other orders; additional €30 excl. VAT
                                                                         fee for payment by cheque
 REGISTERED SHARES AND
                                                                                                                                                                                                               FR0011149590
 A SHARE SAVINGS PLAN
                                             ANNUAL TAX               A single tax declaration form (IFU in French) concerning trading in     A single tax declaration form (IFU in French) showing            Shares which already benefit from the preferential dividend.
If you hold your L’Oréal shares in a share   DECLARATION              L’Oréal shares only is sent to you by BNP Paribas Securities Services   all the transactions on your share account is sent to you
savings plan (PEA1) and you would                                                                                                                                                                              FR0013374436
                                                                                                                                              by your financial institution
like to benefit from the advantages of                                                                                                                                                                         L’Oréal shares which were registered in 2018 and which will benefit

                                                                                                                                                                                                                                                                                                 BONUS CODES
holding registered shares, in particular                              Yes, for shares that have been held in registered form continuously                                                                      from the loyalty bonus in 2021 are identified by this code.
the loyalty bonus, while keeping the         ENTITLEMENT TO LOYALTY
                                             BONUS OF +10%            for two full calendar years and until the date of payment
tax advantages offered by the PEA,                                                                                                                                                No                           FR0013459336
                                                                      of the dividend
you should choose to hold managed                                                                                                                                                                              L’Oréal shares which were registered in 2019 and which will benefit
registered shares.                                                                                                                                                                                             from the loyalty bonus in 2022 are identified by this code.
                                             NOTICE TO ATTEND THE     Automatic sending of the convening notice paper                                                             Sending of the convening     FR0014000RC4
 ADVANTAGES OF DIRECTLY                      ANNUAL GENERAL MEETING   or electronic version                                                                                       notice by your financial     L’Oréal shares which were registered in 2020 and which will benefit
 REGISTERED SHARES                                                                                                                                                                                             from the loyalty bonus in 2023 are identified by this code.
                                                                                                                                                                                  institution on request
If you would also like to benefit from
free management and custody fees,
as well as preferential brokerage and                                 Automatic sending of the Letter to Shareholders
bank fees, you should choose to hold
                                             L’ORÉAL                  Invitations to shareholder meetings in your region
                                             AND YOU                  Participation in events arranged specifically for registered                                                Sending of invitations and
directly registered shares. However
                                                                      shareholders (e.g.: factory visits)2                                                                        information on request       Only the FR0000120321 is a trading code. If you want to sell shares with the bonus
this is only possible outside a share                                                                                                                                                                          codes FR0011149590, FR0013374436, FR0013459336 and FR0014000RC4, your
savings plan (PEA).                                                                                                                                                                                            financial institution will deal with modifying this code in order to execute your order.

(1) In French, Plan d’épargne en actions.                              (2) Upon registration and within the limit of available places.
TAKE PART IN THE L'ORÉAL ADVENTURE
STEP 1                                STEP 2
HOW TO                                                                                                   Your financial institution sends
REGISTER OR                          YOU CURRENTLY HOLD
                                     BEARER SHARES OF        Send your financial institution
                                                                                                         your registration form to BNP
                                                                                                         Paribas Securities Services
TRANSFER                             L’ORÉAL AND YOU WISH    a request form1 to register your            and continues to manage
                                     TO CONVERT                                                          your account.
YOUR                                 THEM TO MANAGED
                                                             shares as managed registered
                                                             shares2.                                    NB: The custodial fees
SHARES TO                            REGISTERED SHARES…                                                  for your registered shares
                                                                                                         may increase.
REGISTERED
FORM?                                                                                                    Your financial institution
Regardless of your                                                                                       transfers your shares to BNP
                                     YOU CURRENTLY HOLD                                                  Paribas Securities Services
current situation,                   BEARER SHARES OR                                                    which becomes your unique
the registration of                  MANAGED REGISTERED      Send your financial institution
                                                                                                         point of contact.
                                     SHARES OF L’ORÉAL AND   a request form1 to transfer your
shares or conversion                                         shares to directly registered
                                     YOU WISH TO TRANSFER                                                NB: Any fees for transferring
to registered shares                                         shares2.                                    your shares to registered form
                                     THEM TO DIRECTLY                                                    are reimbursed by L’Oréal,
takes place in 2 steps.              REGISTERED SHARES…                                                  for a maximum of €50, upon
                                                                                                         presentation of an invoice
                                                                                                         for fees.

                                                             Send BNP Paribas Securities
                                                             Services an agreement for account
                                                             opening and stock market services1
                                                             (COCPB in French).
                                                             To be sent to:
                                                             BNP Paribas Securities
                                     YOU ARE NOT YET A       Services - C.T.S. Émetteurs
                                     L’ORÉAL SHAREHOLDER     Service Mouvements Titres                   BNP Paribas Securities
                                     AND YOU WISH TO         Grands Moulins de Pantin                    Services is your unique point
                                     PURCHASE DIRECTLY       9 rue du Débarcadère                        of contact.
                                     REGISTERED SHARES…      93761 PANTIN CEDEX - FRANCE
                                                             or request it on the following
                                                             number
        (1) Form available on                                +33 1 40 14 80 50 from outside
        www.loreal-finance.com,
        Shareholders section/
                                                             France
        Loyalty Bonus and                                    or via the contact form at:
        Registered Shares.                                   https://planetshares.bnpparibas.com/login
        (2) You must complete
        this process again for any
        newly purchased shares.
TAKE PART IN THE L'ORÉAL ADVENTURE TAKE PART IN THE L'ORÉAL ADVENTURE TAKE PART IN THE L'ORÉAL ADVENTURE
You can also read