The 2022 offer
L’Oréal is again offering you the possibility to become involved in the group’s development by investing in l’oreal shares.
Depending on your host country, you will participate in the plan via the employee shareholding fund (fcpe) "l’oréal employee share plan" or via direct shareholding.
WHAT ARE THE DIFFERENCES?
EMPLOYEE SHARE FUND | DIRECT SHAREHOLDING |
---|---|
You own units of the Employee Share Fund invested in L’Oréal shares | You own L’Oréal shares |
Any potential dividends are reinvested in the Employee Share Fund | Any potential dividends are paid to you |
THE ADVANTAGES OF THE PLAN
By participating in this new Employee Share Plan, you have the possibility to buy L’Oréal shares on preferential terms.
on the share’s reference price1
1The reference price is the average opening price of the L’Oréal share in the stock market between May 6th and June 2nd, 2022 and will be fixed on June 3rd, 2022.
according to your investment
FREE SHARE RULE
If you purchase* this number of shares: |
L’Oréal will make a matching contribution consisting of the following number of free shares: |
Total amount of your investment |
---|---|---|
1 | 1 | 2 shares |
2 | 1 | 3 shares |
3 | 2 | 5 shares |
4 | 2 | 6 shares |
5 | 2 | 7 shares |
6 | 2 | 8 shares |
7 | 3 | 10 shares |
8 | 3 | 11 shares |
9 | 3 | 12 shares |
10 shares or more | 4 | 14 shares or more |
* Via an FCPE or directly.
NOTE BEFORE INVESTING
ONCE YOU HAVE SUBSCRIBED TO THE PLAN, YOU WILL BE A L’ORÉAL SHAREHOLDER
As for any shareholder, the value of your investment will move in line with the L’Oréal share price, upwards and downwards; there is therefore a risk of capital loss.
YOUR INVESTMENT IS LOCKED IN FOR 5 YEARS
Your shares in the fund are locked in for 5 years, so you cannot sell them before the end of the lock-in period. Nevertheless, there are cases where the shares can be released early (see exceptions in the Local Supplement).
You will receive the free shares at the end of the lock-in period, i.e. around July 26, 2027, provided that you still work for the L’Oréal Group on this date (see exceptions in the Local Supplement).
THE VALUE OF YOUR INVESTMENT WILL VARY ACCORDING TO EXCHANGE-RATE FLUCTUATIONS IF YOUR COUNTRY IS OUTSIDE THE EURO ZONE.
As the L’Oréal share is listed in euro at the Paris stock market, the value of your investment will vary according to the exchange-rate fluctuations between the euro and your local currency during the term of your investment.
WHO CAN SUBSCRIBE ?
- Anyone who has worked for a L’Oréal Group company for 24 months and is still a Group employee on June 22nd, 2022 (the seniority condition may vary depending on your country – please refer to your local HR).
HOW MUCH CAN YOU INVEST?
MINIMUM
1 L'Oréal share
MAXIMUM
50 L'Oréal shares2