2 WORK SCHEDULE OF THE HUMAN RESOURCES AND REMUNERATION COMMITTEE CONCERNING THE REMUNERATION OF  THE CORPORATE OFFICER Recommendations regarding the Chairman-CEO’s 2020 compensation : • evaluation of the 2020 annual variable compensation after review of the non-financial results (reminder: waiver by Mr Agon of the financial objectives of the annual variable financial remuneration in the spirit of solidarity in the context of the health crisis); • draft Say On Pay ex post resolution. Defined benefit pension for Mr Agon : • review of the level of achievement of the performance conditions for 2020. R eview of the regulated agreement relating to the status of Mr Nicolas Hieronimus, Chief Executive Officer as of 1 May 2021 Long-term incentive plans: • recognition of the performance levels achieved for the expiring 2017 Plan for the Conditional Grants of Shares (ACAs). Presentation of the 2021 study on the remuneration of corporate officers : • p anel, balance and structure of remuneration, link between performance and remuneration. Recommendations concerning the 2021 remuneration policy : • applicable to corporate officers (Chairman-CEO, Chief Executive Officer, Chairman of the Board); • review of draft resolutions. Report on investor meetings on the remuneration policies for corporate officers 2022 remuneration policy: • review of issues raised following meetings with investors and proxy advisory agencies; • consideration of the draft ACAs resolution to be submitted to the 2022 Annual General Meeting. Presentation of L’Oréal’s remuneration policy: • coherence between the systems in place in the company. Work on the 2021 ACAs Plan: • proposed award for the Chief Executive Officer. February 2021 December 2021 April 2021 October 2021 L ’ ORÉAL I UNIVERS AL REGISTRATION DOCUMENT 2021 109 CORPORATE GOVERNANCE Remuneration of directors and corporate officers