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L'Oreal SA (OREP.PA)

OREP.PA on Paris Stock Exchange

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16 Nov 2018
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Summary

Name Age Since Current Position

Jean-Paul Agon

62 2011 Chairman of the Board and Chief Executive Officer, Member of the Executive Committee

Nicolas Hieronimus

54 2017 Deputy Chief Executive Officer for Divisions, Member of the Executive Committee

Paul Bulcke

64 2017 Vice Chairman of the Board

Jean-Pierre Meyers

70 1994 Vice Chairman of the Board

Christian Mulliez

57 2003 Executive Vice President, Chief Financial Officer, Member of the Executive Committee

Barbara Lavernos

50 2014 Executive Vice President - Operations, Member of the Executive Committee

Jerome Tixier

64 2011 Executive Vice President - Human Resources and Advisor to the Chairman, Member of the Executive Committee

Laurent Attal

60 2010 Executive Vice President - Research & Innovation, Member of the Executive Committee

Vianney Derville

51 2016 Executive Vice President - Western Europe Zone, Member of the Executive Committee

Lucia Dumas

48 2018 Executive Vice President - Communication and Public Affairs, Member of the Executive Committee

Alexandre Popoff

56 2016 Executive Vice President - Eastern Europe and Africa, Middle East Zone; Member of the Executive Committee

Frederic Roze

56 2013 Executive Vice President - Americas Zone, Member of the Executive Committee

Jochen Zaumseil

60 2016 Executive Vice President - Asia, Pacific Zone, Member of the Executive Committee

Sophie Gasperment

54 Group General Manager, Financial Communication and Strategic Prospective

Jean Carof

Director of Individual Shareholder and Market Authority Relations

Christian Munich

Individual Shareholder Relations Manager

Brigitte Liberman

60 2007 President - Active Cosmetics Division, Member of the Executive Committee

Alexis Perakis-Valat

47 2016 President - Consumer Products Division, Member of the Executive Committee

Stephane Rinderknech

2018 Chief Executive Officer of L'Oreal China, Member of the Executive Committee

Lubomira Rochet

41 2014 Chief Digital Officer, Member of the Executive Committee

Nathalie Roos

53 2016 President - Professional Products Division, Member of the Executive Committee

Ana Amaral

52 2014 Director - Employee Representative

Francoise Bettencourt Meyers

63 1997 Director

Patrice Caine

48 2018 Director

Axel Dumas

47 2018 Director

Beatrice Guillaume-Grabisch

54 2016 Director

Georges Liarokapis

55 2014 Director - Employee Representative

Jean-Victor Meyers

31 2012 Director

Sophie Bellon

56 2015 Independent Director

Belen Garijo

55 2014 Independent Director

Bernard Kasriel

72 2004 Independent Director

Virginie Morgon

48 2013 Independent Director

Eileen Naughton

60 2016 Independent Director

Francoise Lauvin

Head of Investor Relations

Biographies

Name Description

Jean-Paul Agon

Mr. Jean-Paul Agon has served as Chairman of the Board, Chief Executive Officer, Member of the Executive Committee of L'Oreal S.A. since March 17, 2011. He was Chief Executive Officer, Member of the Management Committee, Director of the Company between April 25, 2006 and March 17, 2011, Deputy Chief Executive Officer, Member of the Management Committee of the Company between 2005 and April 25, 2006, President of L'Oreal USA within the Company between October 2001 and 2005, Head of L'Oreal Asia Zone within the Company between 1997 and 2001, Managing Director of L'Oreal Germany within the Company between 1994 and 1997, International Managing Director for Biotherm of the Company between 1989 and 1994, General Manager of L'Oreal Paris between 1985 and 1989, General Manager of L'Oreal in Greece of the Company between 1981 and 1985. He is also Chairman of the Company's Strategy and Sustainable Development Committee. He joined L'Oreal SA in 1978. After working as a sales representative for one year, he then took on marketing responsibilities. Mr. Agon also serves as Director of Air Liquide SA and Galderma Pharma SA, as well as Chairman of Fondation d’Entreprise L’Oreal. Mr. Agon graduated from Hautes Etudes Commerciales in 1978.

Nicolas Hieronimus

Mr. Nicolas Hieronimus has served as Deputy Chief Executive Officer for Divisions, Member of the Executive Committee of L'Oreal S.A. since May 1, 2017. A graduate from one of France's top Business Schools, ESSEC Business School, in 1985, Nicolas Hieronimus joined L'Oreal in 1987 as Product Manager. As marketing Director for the Laboratoires Garnier in 1993, he successfully created the Fructis haircare range. In 1998, he became General Manager of the Garnier Maybelline division in the UK. In 2000, he was named General Manager, L'Oreal Paris France, and then International General Manager for L'Oreal Paris, which he repositioned as the "accessible luxury" brand. In particular he developed skincare with the creation of Dermo expertise, Solar expertise, and Men expert. In 2005, he became General Manager of L'Oreal Mexico. In 2008, he became General Manager of the L’Oreal Professional Products Division and he increased its global leadership, driven in particular by the launch of Inoa hair color. In January 2011, he was appointed President L’Oreal Luxe. In addition to this role, he took up his new position as President Selective Divisions (Luxury, Active Cosmetics, Professional Products, The Body Shop) on 1 July 2013. He was most recently named Deputy CEO in charge of divisions on May 1, 2017.

Paul Bulcke

Mr. Paul Bulcke has served as Vice Chairman of the Board of L'Oreal S.A. since April 20, 2017. He served as Director of the Company between April 17, 2012 and June 2014. He is Member of the Strategy and Sustainable Development Committee, Member of the HR & Remuneration Committee, and Member of the Appointments & Governance Committee of the Company. With Nestle since 1979, he has been Chief Executive Officer since 2008. He is Director of Roche Holding Ltd and Nestle Health Science SA in Switzerland. He is also Co-Chairman of the Supervisory Board of Cereal Partners Worldwide, among others. Mr. Bulcke obtained a degree in Management from Universiteit Gent in 1977 and a degree in Engineering from Katholieke Universiteit Leuven in 1976. He also graduated from IMD (Institute of Management Development) in 1995.

Jean-Pierre Meyers

Mr. Jean-Pierre Meyers serves as Vice Chairman of the Board of L'Oreal S.A. since 1994. He is also Member of the Company's Strategy and Sustainable Development Committee, and Appointments and Governance Committee, as well as its Human Resources and Remuneration Committee. He was Chief Executive Officer of Clymene SAS. He is Vice-Chairman of the Supervisory Board and Chief Executive Officer of the family-owned holding company Tethys, Chairman of the investment subsidiary Tethys Invest, Vice-Chairman of the Bettencourt Schueller Foundation and President of the Pour l'Audition Foundation. Mr. Meyers graduated in Economics from Universite de Paris.

Christian Mulliez

Mr. Christian Mulliez has served as Executive Vice President, Chief Financial Officer, Member of the Executive Committee of L'Oreal S.A. since January 1, 2003. Christian joined the Company in 2002. Prior to that, he was Executive Vice President of Finance of Sanofi-Synthelabo from 2000 to 2002 and Executive Vice President, Controller and Information Systems of Sanofi-Synthelabo from 1999 to 2000. He joined Synthelabo in 1984 as Financial Management Attache. In 1987, he became Treasurer; in 1990, Director of Accounting and Finance, and in 1997, Executive Vice President Administration and Finance of Synthelabo. He graduated from ESSEC Business School in 1982.

Barbara Lavernos

Ms. Barbara Lavernos has served as Executive Vice President - Operations, Member of the Executive Committee of L'Oreal S.A. since November 1, 2014. A graduate of HEI Hautes Etudes d'Ingenieur, Barbara Lavernos joined L’Oreal in 1991 as a buyer at the Aulnay factory, before becoming Head of Purchasing at the Ormes factory for make-up and perfume. In 2001, she was appointed Head of the Rambouillet factory. In 2004, she was appointed General Manager of Purchasing for the Group overseeing the buying of raw materials, packaging, merchandising and promotional material, real estate and general expenses. In 2012, Barbara Lavernos was appointed General Manager of the Travel Retail for L’Oreal Luxe and in 2013, General Manager of the Group’s Travel Retail Worldwide, the new multi-divisional Travel Retail business which encompasses all the brands of all the Group’s divisions: L’Oreal Luxe, Active Cosmetics, Professional Products, Consumer Products and The Body Shop. On November 1st 2014, she was appointed Executive Vice-President Operations and member of the Group’s Executive Committee.

Jerome Tixier

Mr. Jerome Tixier has served as Executive Vice President - Human Resources and Advisor to the Chairman, Member of the Executive Committee of L'Oreal S.A. since October 1, 2011. He holds a Masters degree in Law (1975) from Sciences-Po. After graduating, he spent a year working in real estate in Texas and then in auditing with Price Waterhouse Coopers. Mr. Tixier joined the Company in 1980 to help create the Group's Internal Audit Department. Three years later, he joined Biotherm's sales department, working initially as a representative and then, for two years, as Regional Sales Director. In 1985, a new appointment took him to the Professional Products Division to become the Finance and Administration Director for France. In 1990, he was appointed General Manager of Kerastase for France. In 1993, Mr. Tixier moved to Human Resources as head of HR worldwide for the Professional Products Division. In 1999, he was appointed Human Resources Director of the Consumer Products Division. In 2007, he became Advisor to the President.

Laurent Attal

Mr. Laurent Attal has served as Executive Vice President - Research & Innovation, Member of the Executive Committee of L'Oreal S.A. since January 2010. Laurent Attal is a Doctor of Medicine from Faculte de Medecine de Paris with a specialty in dermatology, followed by an MBA from INSEAD. He joined L’Oreal's Active Cosmetics Division in 1986 as a sales representative. He rose quickly to the position of CEO of Vichy in 1994. Four years later, Laurent Attal was named President of the Active Cosmetics division, where he developed the portfolio on an international scale. Active Cosmetics is today the fastest growing division in the L’Oreal Group. In 2002, he added to his duties the management of Galderma, a pharmaceutical laboratory. The same year, he was appointed a member of the company’s Executive Committee. In 2005, he was appointed President & Chief Executive Officer of L’Oreal USA. Since January 2010, he has been as Vice-President of the L’Oreal group, and Managing Director of Research and Innovation.

Vianney Derville

Mr. Vianney Derville has served as Executive Vice President - Western Europe Zone, Member of the Executive Committee of L'Oreal S.A. since September 1, 2016. A Graduate of EM Lyon Business School, Vianney Derville joined L’Oreal in 1992 as Product Manager. In 1999 he became General Manager for the Consumer Products Division in Japan. In 2004 he was named Managing Director of L’Oreal Spain. In 2007, he took over the Asia Zone Consumer Products Division. Early 2009, he was appointed President of the L’Oreal Paris brand worldwide. From September 2010 to mid-2013, Vianney Derville was Managing Director of Western Europe for the Consumer Products Division, before being appointed Director of Global Markets for the same Division. One year later, he became President of Consumer Products Division, North America, based in New York. In September 2016, Vianney Derville became Executive Vice-President Western Europe Zone and a member of the L’Oreal Executive Committee.

Lucia Dumas

Mrs. Lucia Dumas has served as Executive Vice President - Communication and Public Affairs, Member of the Executive Committee of L'Oreal S.A. since January 2018. Lucia Dumas joined the L’Oreal Group in 2018 as Executive Vice President of Communications & Public Affairs after establishing a rich career path in global communications in leading industrial companies (in particular Rhodia and Essilor). She progressed in roles at a variety of levels in corporate and product communications, crisis management and digital communications, making her a truly all-round communications executive. Lucia began her career at Sigma in 1992 as a Marketing Manager and left in 1995 to join the Moulinex Group. For six years, Lucia took on roles in both external and internal communications managing Moulinex’s Corporate Communications and Press. In 2001, she took on new communication responsibilities at Rhodia, where she was appointed as Vice President in Corporate Communications in 2007, joining the Executive Committee. In September 2012, Lucia left Rhodia to join Essilor as Vice President of Corporate Communications where she stayed five years at the helm of the company’s communication strategy. As a highly qualified communications professional with over 20 years of experience, Lucia is fluent in three languages and holds a marketing degree from the European Business School. She holds a degree in Marketing from European Business School, and a degree from Hautes etudes commerciales (HEC).

Alexandre Popoff

Mr. Alexandre Popoff has served as Executive Vice President - Eastern Europe and Africa, Middle East Zone; Member of the Executive Committee of L'Oreal S.A. since June 1, 2016. A graduate of Ecole de Management de Lyon, Alexandre Popoff is fluent in seven languages. He joined L'Oreal in 1989 as a Product Manager for LaSCAD. In 1993, he was named Marketing Coordinator for Garnier and Gemey covering Europe's four key countries. In 1995, he became Managing Director for L'Oreal Paris in Portugal. Then he went to Russia as Managing Director of the Consumer Products Division. He became Managing Director of LaSCAD in 1999, and then took over the Consumer Products Division for France in 2004. In 2007, Alexandre Popoff set off for new horizons again, taking up the position of Managing Director for the Africa Middle East Zone, initially for the Consumer Products Division and later for L'Oreal's four divisions. In January 2010, he became a member of the L'Oreal Executive Committee as Multi-Division Managing Director for Latin America, Africa and the Middle East, before focusing on the management of the Latin America Zone in January 2012. In July 2013, he became Executive Vice President for Eastern Europe and has added to his responsibilities as of June 1st 2016, the Africa Middle East Zone.

Frederic Roze

Mr. Frederic Roze has served as Executive Vice President - Americas Zone, Member of the Executive Committee of L'Oreal S.A. since July 1, 2013. He joined the Company in 1986 and became Product Manager Lascad - France. He graduated from HEC in Industrial Economics (1983) and from Universite Paris Dauphine with a Masters degree in Economics (1984). He was Executive Vice President-North America, Member of the Executive Committee within the Company between July 1, 2009 and July 1, 2013, General Manager of Europe - Consumer Products Division - France within the Company between 2007 and July 1, 2009, General Manager of West Europe Zone - Consumer Products Division - France within the Company between 2004 and 2007, General Manager of Consumer Products Division and Professional Products - Spain within the Company between 2002 and 2004, General Manager of L’Oreal Argentina within the Company between 1999 and 2002, Managing Director Gemey - France within the Company between 1996 and 1999, Managing Director CPD (Produits Grand Public) - Russia within the Company between 1993 and 1996.

Jochen Zaumseil

Mr. Jochen Zaumseil has served as Executive Vice President - Asia, Pacific Zone, Member of the Executive Committee of L'Oreal S.A. since September 1, 2016. He was Executive Vice President Western Europe Zone, Member of the Executive Committee of L'Oreal S.A. from May 17, 2013. His career began in 1983 when he joined the Company as Product Manager for Lancome at L'Oreal France. Two years later he moved to L'Oreal Austria where he held the position of Commercial and Marketing Manager for Lancome. In 1987, he left Europe to head west to L'Oreal Mexico where he remained for two years as General Manager of Helena Rubinstein and Ralph Lauren. He then returned to his home country, Germany, where, for the next seven years, he held the position of General Manager of Germany’s L'Oreal Professional Products. He returned to Latin America in 1998 as General Manager of L'Oreal Venezuela until October 2000, when he became President & CEO of L'Oreal Canada. After four years in Canada, he left North America, to hold the position of President and CEO of L'Oreal Japan for two years, before coming back to France in 2006 as Managing Director of L'Oreal Asia. He was appointed to the Group Executive Committee in January 2007. In January 2010, the Asia zone included three new countries: India, Australia and New Zealand, and became L'Oreal Asia-Pacific Zone, comprised of 14 subsidiaries. He graduated from Hautes Etudes Commerciales in 1983. Within the Company, he was Executive Vice President for the Asia-Pacific Zone, Member of the Executive Committee between January 2010 and May 17, 2013, Managing Director of L’Oreal Asia, Member of the Management Committee between January 10, 2007 and January 2010, Managing Director of L’Oreal Asia between 2006 and January 2007, President and CEO of L’Oreal Japan between 2004 and 2006, President & CEO of L’Oreal Canada between 2000 and 2004, General Manager of L’Oreal Venezuela between 1998 and 2000.

Sophie Gasperment

Jean Carof

Christian Munich

Brigitte Liberman

Ms. Brigitte Liberman has served as President - Active Cosmetics Division, Member of the Executive Committee of L'Oreal S.A. since January 2007. Ms. Liberman began her career as a representative for Henkel in 1980 before joining the company's marketing department. In 1986, she joined L’Oreal SA through Laboratoires Goupil before spending four years as Marketing Director for Biotherm International then moving to Vichy International, the brand in the Active Cosmetics Division. She graduated from Ecole Superieure de Commerce de Rouen in 1980. She was President - Active Cosmetics Division within the Company between 2005 and January 2007, General Manager for Laboratoires Vichy within the Company between 2004 and 2005, General Manager, Active Cosmetics France and Benelux within the Company between 2001 and 2004.

Alexis Perakis-Valat

Mr. Alexis Perakis-Valat has served as President - Consumer Products Division, Member of the Executive Committee of L'Oreal S.A. since September 1, 2016. He is a Franco-Greek Hautes etudes commerciales (HEC) graduate who began his career with L'Oreal as Product Manager for L'Oréal Paris in 1995. After managing Garnier in Belgium, he went on to become General Manager of L'Oreal Paris in Spain, and in 2003, he became Managing Director of SoftSheen Carson in the US. From 2005 to 2008, he was General Manager of L'Oreal in Germany. In 2009, he returned to France as Managing Director for the Consumer Products Division in Europe. In September 2010, Alexis Perakis-Valat was appointed CEO of L'Oreal in China. In addition to this role, he became Executive Vice-President for the Asia Pacific Zone and a member of the L'Oreal Executive Committee in July 2013. On September 1st, 2016 he was appointed President Consumer Products Division.

Stephane Rinderknech

Mr. Stephane Rinderknech has served as Chief Executive Officer of L'Oreal China, Member of the Executive Committee of L'Oreal S.A. since March 1, 2018. Stephane Rinderknech is a graduate from the Institut Superieur de Gestion (ISG) in Paris and has spent 17 years at L’Oreal working in foreign markets, both in the Americas (4 years) and Asia Pacific (13 years). In 2001, he joined L’Oreal in Miami in Travel Retail as Lancome Area Manager for South America and quickly became Division Manager for Biotherm and Helena Rubinstein in the Americas. In 2004, he was transferred to Japan as General Manager of Biotherm and then became Deputy General Manager of Lancome. In 2008, he was promoted to lead L’Oreal Luxe in South Korea. In 2011, he started his L'Oreal China journey, first as General Manager of L’Oreal Luxe, then as Head of the Consumer Products Division in 2015. In 2016, he was promoted to CEO of L’Oreal China, the 3rd CEO in the 20-year history of L’Oreal in China. In 2017, the Shanghai Municipal Government awarded him with the “Silver Magnolia Award” to praise his contributions to city development. In Feb. 2018, Stephane was appointed as a new member of the L’Oreal Group Executive Committee (effective from 1st March).

Lubomira Rochet

Ms. Lubomira Rochet has served as Chief Digital Officer, Member of the Executive Committee of L'Oreal S.A. since March 2014. She is a French-Bulgarian national, economist by training and graduate of the Ecole Normale Superieure, Institut de Sciences Politiques de Paris or Sciences Po, and College d'Europe Bruges. She began her career in 2003 at Capgemini as Director of Strategy and Development for the Sogeti entity. In 2008, she joined Microsoft to manage its relationships with start-ups and the innovation ecosystem. In 2010, she became Deputy CEO of the digital marketing agency Valtech and Managing Director for Southern Europe zone. Lubomira Rochet joined L’Oreal in March 2014 as Chief Digital Officer and member of the Group’s Executive Committee.

Nathalie Roos

Ms. Nathalie Roos has served as President - Professional Products Division, Member of the Executive Committee of L'Oreal S.A. since April 2016. Nathalie Roos is a graduate of Ecole Superieure de Commerce, Reims. She starts off her career in 1987 at Kraft Foods Group. She joins the Mars Group in 1989 where she successively holds important management positions that lead her to become General Manager of Mars Chocolat France, and then European President. Nathalie Roos joins L’Oreal in 2012 as Country Manager L’Oreal Germany. In this capacity, Nathalie Roos reveals her change agent talent, questioning ways of collaborating, bringing a breath of modernity. She also contributes to the growth of the Consumer Products Division in Germany in a particularly demanding and competitive environment, further strengthening the relationship with L’Oreal’s commercial partners. In April 2016 she joins L'Oreal's Executive Committee as President of Professional Products Division.

Ana Amaral

Mrs. Ana Sofia Amaral serves as Director - Employee Representative of L'Oreal S.A. since July 15, 2014. Scientific and Technical Affairs Director for L'Oreal Portugal, Ana was appointed in 2014 by L'Oreal's Instance Europeenne de Dialogue social/European Works Council as Director representing the employees. She is a member of the Human Resources and Remuneration Committee.

Francoise Bettencourt Meyers

Mrs. Francoise Bettencourt Meyers has served as Director of L'Oreal S.A. since 1997. She has been Member of the Company's Strategy and Sustainable Development Committee since April 2012. She has been the Chairwoman of the family-owned holding company Tethys since 31 January 2012, is the Chairwoman of the Supervisory Board of the investment subsidiary Tethys Invest, Chairwoman of the Bettencourt Schueller Foundation and Honorary President of the Pour l'Audition Foundation.

Patrice Caine

Mr. Patrice Caine has served as Director of L'Oreal S.A. since 2018. Mr. Patrice Caine is a graduate of Ecole Polytechnique and Ecole des Mines de Paris. He began his career in 1992 in the pharmaceutical industry before becoming a mergers and acquisitions and corporate strategy consultant in London. From 1995 to 1998, he was special advisor to the Prefect of the Franche-Comte region in France and held several positions at DRIRE (French agency responsible for industry, research and the environment). He was part of the Conseil General des Mines from 1998 to 2000 in charge of human resources for the Corps des Mines. From 2000 to 2002, he worked as technical advisor on energy on the staff of the French Minister of the Economy, Finance and Industry. Patrice Caine joined the Strategy department of Thales Group in 2002 then held management positions in different operating units (Aviation and Naval, Communications, Navigation and Identification, Air Systems, Radiocommunications Products, Network and Infrastructure Systems and Protection Systems). He joined Thales' Executive Committee in February 2013 as Senior Executive Vice-President, Chief Operating Officer and Chief Performance Officer. He has been Chairman and Chief Executive Officer of the Thales group since December 2014.

Axel Dumas

Mr. Axel Dumas has served as Director of L'Oreal S.A. since 2018. He holds a Masters in Business law. He also holds a degree in philosophy from La Sorbonne University. He is a graduate of Institut de Sciences Politiques de Paris or Sciences Po and of the Harvard Business School (AmP179). He began his career at BNP Paribas in China, before moving to the United States. Mr. Axel Dumas joined the financial department of Hermes in 2003 then became Sales Director for France. He was appointed Chief Executive Officer of Hermes Jewellery in 2006 and has been the Chief Executive Officer of Hermes Leather Goods and Saddlery division since 2008. In May 2011, Mr. Axel Dumas was appointed as Executive Vice-President of Operations and member of the Executive Committee of the Group. A member of the sixth generation of the Group founded by Thierry Hermes in 1837, he has been Executive Chairman of Hermes International since June 2013.

Beatrice Guillaume-Grabisch

Mrs. Beatrice Guillaume-Grabisch serves as Director of L'Oreal S.A. since April 20, 2016. She is a member of the Audit Committee. She is Chief Executive Officer of Nestle Germany, a group that she joined in 2013 after a career in various consumer goods groups (Colgate-Palmolive, Beiersdorf, Johnson & Johnson, L'Oreal, Coca-Cola).

Georges Liarokapis

Mr. Georges Liarokapis has served as Director - Employee Representative of L'Oreal S.A. since July 15, 2014. Coordinator of Sustainability for L'Oreal Western Europe, Georges Liarokapis was appointed in 2014 by the CFE-CGC as a Director representing the employees. He is a member of the Audit Committee of the Company.

Jean-Victor Meyers

Mr. Jean-Victor Meyers serves as Director of L'Oreal S.A. since February 13, 2012. He studied economics and management, in France and in the United States. Over the last two years, in the context of his professional experience, Mr. Meyers spent several months with L’Oreal Group’s divisions, in France and abroad. He has been Member of the Supervisory Board of Tethys, the Bettencourt family holding, since January 2011, and is also Chairman of Exemplaire SAS. He is Member of the Audit Committee of the Company.

Sophie Bellon

Mrs. Sophie Bellon has served as Independent Director of L'Oreal S.A. since April 22, 2015. Chairwoman of the Board of Directors (since January 2016) and responsible for Research-Development-Innovation Strategy at Sodexo which she joined in 1994, after a career in the United States in finance, as a Mergers & Acquisitions advisor, then in the fashion sector as an agent for major international brands. Chairwoman of the Appointments and Governance Committee (as of December 2016) and member of the Audit Committee of the Company. She graduated from EDHEC Business School.

Belen Garijo

Mrs. Belen Garijo has served as Independent Director of L'Oreal S.A. since April 17, 2014. Chairwoman and Chief Executive Officer of Merck Healthcare, a company bringing together all the pharmaceutical businesses of German Merck group and a member of this group's Executive Committee, Belen Garijo has been a Director of L'Oréal since 2014 and is a member of the Human Resources and Remuneration Committee. She is also a Director of BBVA (Spain).

Bernard Kasriel

Mr. Bernard L. Kasriel serves as Independent Director of L'Oreal S.A. since 2004. He is also Member of the Strategy and Sustainable Development Committee of the Company. He worked at the Industrial Development Institute from 1970 to 1975. He was Managing Director of Braud from 1972 to 1974. He was Deputy Managing Director of the Societe phoceenne de metallurgie from 1975 to 1977. He joined Lafarge in 1977, and was appointed Deputy Managing Director in 1982. Between 1987 and 1989, he worked in the United States. He then served as Vice Chairman and Managing Director of Lafarge from 1989 to 2003, and then as Managing Director from 2003 to 2005. He also serves as Member of the Board of Directors of Arkema SA and Nucor. He is a graduate of Ecole Nationale Polytechnique and holds a Masters of Business Administration from INSEAD and a Masters of Business Administration from Harvard Business School.

Virginie Morgon

Mrs. Virginie Morgon has served as Independent Director of L'Oreal S.A. since April 26, 2013. She is Chairperson of the Audit Committee of the Company (as of December 2016). Virginie Morgon is Chief Executive Officer of Eurazeo (Chairwoman of the Management Board as of 19 March 2018), where she began working in 2008 after sixteen years at Lazard, and Chairwoman of Eurazeo North America Inc. (USA). She has been a Director of L’Oreal since 2013 and is Chairwoman of the Audit Committee. She is Vice-Chairwoman of the Board of Directors of Moncler SpA, Chairwoman of the Supervisory Board of Asmodee Holding and Eurazeo PME, Director of Abasic (Desigual), member of the Supervisory Board of Grandir (Les Petits Chaperons Rouges) and of Vivendi. She is also Co-Chair of the French committee of Human Rights Watch. She graduated in Economics and Management from Universita Bocconi, and received a degree from Institut d'Etudes Politiques de Paris in 1990.

Eileen Naughton

Ms. Eileen Naughton has served as Independent Director of L'Oreal S.A. since April 20, 2016. Eileen Naughton is Vice-President People Operations at Google which she joined in 2006 following various roles with Time Warner, including the position of President of Time Group from 2002 to 2005. She has been a Director of L’Oreal since 2016 and a member of the Human Resources and Remuneration Committee.

Francoise Lauvin