The board of directors of L'Occitane International S.A. announced that Mr. André Joseph Hoffmann wishes to step down from the positions of Vice-chairman of the Company after this financial year, with 31 March 2024 being his last day in these positions. Mr. Hoffmann's resignation from these positions will enable him to devote more time to his other business endeavors whilst continuing to focus on the strategic, policy and directive matters of the Company. Mr. Hoffmann and Mr. Marteau will remain as directors of the Company and there will be no change to Mr. Hoffmann's position as a member of the remuneration committee of the Board.

The Vice-chairman position will be retired from 1 April 2024 onwards.