8 . SUMMARY TABLE OF THE COMPONENTS OF REMUNERATION PAID IN 2021 OR ALLOCATED FOR THAT YEAR TO  MR NICOLAS HIERONIMUS, CHIEF EXECUTIVE OFFICER, AS FROM 1 MAY 2021 Remuneration components submitted for a vote Amounts allocated for the 2021 financial year or accounting valuation Amounts paid in 2021 or accounting valuation Description Fixed remuneration €1,333,333 Prorated portion of the annual €2,000,000, over the period from 01/05/2021 to 31/12/2021 At its meeting of 11 February 2021, on the recommendation of the Human Resources and Remuneration Committee, the Board of Directors set the amount of the fixed remuneration of Mr Nicolas Hieronimus at the gross amount of €2,000,000 on an annual basis. A prorated portion for the period from 1 May to 31 December 2021 was paid, i.e. a gross amount of €1,333,333. Annual variable remuneration €1,552,667 i.e. 116.45% out of €1,333,333 (€1,333,333 is the prorated portion of the €2,000,000 target annual variable remuneration over the period from 01/05/2021 to 31/12/2021) The annual variable remuneration is designed to align the executive corporate officer’s remuneration with the Group’s annual performance and to promote the implementation of its strategy year after year. The Board of Directors strives to encourage the executive corporate officer both to maximise performance for  each financial year and to ensure that it is repeated and regular year-on- year. The target is set at 100% of the fixed remuneration (or €2,000,000 gross); the annual variable remuneration may reach up to 120% of the fixed remuneration (€2,400,000 gross) if there is outperformance on the objectives . A prorated portion for the period from 1 May 2021 to 31 December 2021 will be paid. CRITERIA FOR ASSESSMENT OF PERFORMANCE FOR 2021 ● Financial criteria 60% • Evolution in like-for-like sales as compared to the budget 15% • Evolution in market share as compared to the main competitors 15% • Evolution in operating profit as compared to the budget 10% • Evolution in net earnings per share as compared to the budget 10% • Evolution in cash flow as compared to the budget 10% ● Non-financial and qualitative criteria 40% • Quantifiable criteria: 25% - L’Oréal for the Future: sustainable development commitments for 2030 10% - Human Resources: gender parity, development of talented employees, access to training 7.5% - Digital development 7.5% • Individual qualitative performance: 15% - Management 7.5% - Image, company reputation, dialogue with stakeholders 7.5% The assessment is carried out on a criterion-by-criterion basis without offsetting among the criteria. A summary of the achievements for 2021 is available in section 2.4.2.3. of Chapter 2 of this document. ASSESSMENT FOR 2021 BY THE BOARD OF DIRECTORS’ MEETING OF 9 FEBRUARY 2022 On the basis of the aforementioned assessment criteria, the Board of Directors decided, on the recommendation of the Human Resources and Remuneration Committee, to award gross variable remuneration of €1,552,667   for 2021, or 116.45%  of the maximum target, given the level of achievement of the financial criteria and the qualitative and non-financial criteria of 119.3% and 112.1%, respectively. The assessment elements are detailed in section 2.4.2.3. of Chapter 2 of this document. 412 L ’ ORÉAL I UNIVERSAL REGISTRATION DOCUMENT 2021 ANNUAL GENERAL MEETING Draft resolutions and Report of the Board of Directors to the Ordinary and Extraordinary General Meeting to be held on  Thursday 21 April 2022