• A complementary portfolio of strong and desirable brands, catering to the needs of luxury consumers worldwide. • A balanced footprint across all categories, regions and distribution channels, both physical and digital. • Established and powerful pillars, driven by disruptive, superior quality and technology-enhanced innovations. • A committed vision of a more sustainable and responsible luxury . CONTRIBUTION TO PERFORMANCE NET SALES €12,346.2 million 38.2% OF GROUP SALES OPERATING MARGIN 22.8% (1) • A unique portfolio of brands. • Reinventing professional beauty and leading the industry’s transformation towards digitalisation and sustainability. CONTRIBUTION TO PERFORMANCE NET SALES €3,783.9 million 11.7% OF GROUP SALES OPERATING MARGIN 21.3% (1) • Underpinned by four major global brands (L’Oréal Paris, Garnier, Maybelline New York and NYX Professional Makeup), and by the deployment of its specialised or regional brands (Essie, Niely, Dark and Lovely, Stylenanda, etc.). • Uses digital as a major growth accelerator through the development of e-commerce, tools to optimise the Division’s marketing investments. • A major representation of the group’s sustainable commitment through its brands. CONTRIBUTION TO PERFORMANCE NET SALES €12,233.5 million 37.9% OF GROUP SALES OPERATING MARGIN 20.2% (1) • Meets all expectations in terms of health and beauty with a highly complementary portfolio of brands: from dermatological and aesthetic solutions to natural care, from the most aff ordable to the most premium ranges.  • Launches personalised products and services with the recommendation and advice of health professionals and health and beauty infl uencers, both in stores and on digital platforms. • Develops or reinvents, in its markets , the dermocosmetic category in healthcare channels around the world: pharmacies, drugstores, beauty clinics, branded retail and e-commerce sites. CONTRIBUTION TO PERFORMANCE NET SALES €3,924.0 million 12.2% OF GROUP SALES OPERATING MARGIN 25.2% (1) Active Cosmetics L’Oréal Luxe Consumer Products Professional Products (1) As a % of sales at 31 Decembe r 2021. L ’ ORÉAL I UNIVERS AL REGISTRATION DOCUMENT 2021 17 PRESENTATION OF THE GROUP INTEGRATED REPORT Business model: Economic and corporate excellence to create lasting value for all 1