2 SITUATION AT 31 DECEMBER 2021 * Excluding Directors representing the employees. QUALIFICATIONS AND PROFESSIONAL EXPERIENCE OF THE DIRECTORS Skills base and shared expertise All L’Oréal Directors provide the Board of Directors with: • Good judgement • Ethics • Concern for the interests of the Company • Strategic vision • A sense of innovation and entrepreneurship • International experience • Experience in the functioning of governance bodies Skills related to the strategy and development objectives of L’Oréal L’Oréal’s Directors complement one another on account of their different professional experience and business undertakings. Their individual skills and expertise cover the areas indicated in the chart below. With their complementary expertise and freedom of judgement, the Directors collectively ensure that the measures adopted contribute to the implementation of L’Oréal’s strategy. BREAKDOWN BY GENDER* BREAKDOWN BY AGE SENIORITY IN OFFICE* 13% 6% 56% 25% 37.5% 50% 12.5% 50% 50% Under 40 years 41 to 50 years 51 to 60 years 61 to 70 years 1 to 4 years 4 to 12 years 12 years and more Women Men Knowledge of cosmetic industry and of L’Oréal Financial expertise Digital New technologies e-commerce Retail Industrial expertise Research Innovation HR Labour relations CSR General management experience in international companies Knowledge of consumers 14 8 10 11 10 11 8 DIRECTORS L ’ ORÉAL I UNIVERS AL REGISTRATION DOCUMENT 2021 59 CORPORATE GOVERNANCE Composition of the Board of Directors
Universal Registration Document Page 60 Page 62