The board of directors of L'Occitane International S.A. announced that Mr. Thomas Levilion will be re-designated from an executive Director to a non-executive Director with effect from 1 July 2022. Mr. Thomas Levilion, was appointed as an executive Director with effect from 30 September 2008 and was the Group Deputy General Manager, Finance and Administration. He was primarily responsible for the Group's finance functions worldwide.

Mr. Levilion joined the Group in March 2008 and was the managing director (``administrateur délégué'') of the Company. Furthermore, he was a manager (a ``gérant'') of M&L Distribution S.à.r.l. as well as the President of Verveina SAS. Between 1988 and 2007, Mr. Levilion worked at Salomon S.A., where he was the controller and the VP controller and subsequently the chief financial officer.

During this time he gained experience in global supply chains, turn-arounds, re-engineering of organizations and mergers and acquisitions. He has a master's degree in business administration from the Ecole des Hautes Etudes Commerciales in Paris, France, where he majored in finance, and a postgraduate degree in scientific decision making methods from the University of Paris-Dauphine, France. In connection with the aforesaid re-designation, the Company has appointed Mr. Levilion as a non-executive Director for a term of three years commencing from 1 July 2022.

Mr. Levilion is also appointed as member of the sustainability committee and he is entitled to an annual director's fee of EUR 25,500. This amount was determined by reference to his duties and responsibilities and the prevailing market conditions. The company announced that Mr. André Hoffmann (Mr. Hoffmann) is appointed as a new member of the remuneration committee of the company (remuneration committee), effective from 1 July 2022.

In addition to this new position, Mr. Hoffmann will continue to act as an executive director, and his other positions within the group will remain unchanged. Following the appointment of Mr. Hoffmann as a member of the remuneration committee with effect from 1 July 2022, the company has complied with the terms of reference of the remuneration committee. The Board welcomes Mr. Hoffmann for his new position on the remuneration committee.