L'Oréal S.A.at its annual general meeting held on April 20, 2021 on the recommendation of the Nominations and Governance Committee, to dissociate the functions of Chairman of the Board of Directors and Chief Executive Officer. Mr. Jean-Paul Agon will continue to fulfil the role of Chairman of the Board of Directors as he has done since 2011 and Mr. Nicolas Hieronimus is appointed Chief Executive Officer as of May 1, 2021.