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L'Oreal SA 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated October 13, 2026.

  • 67Reported items
  • 150Asset managers
  • 9,983Fund votes
  • April 24, 2026Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from L'Oreal SA has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided · This season’s results screens

Proxy season: 2023-2024 2024-2025 2025-2026

Explore L'Oreal SA in the interactive database Compare manager voting policies

How asset managers voted at the L'Oreal SA 2025-2026 meeting

Each item below shows how the 150 asset managers that disclosed a L'Oreal SA vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of L'Oreal SA’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Anna Lenz as Director

No official resultsDIRECTOR ELECTIONS

97% of fund votes cast · no official result

FOR
Details: votes by 81 asset managers

The 81 asset managers below reported 24,612,357 for, 888,297 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,612,357AGAINST: 888,297
Largest asset managers voting on “Elect Anna Lenz as Director” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street0657,678 00Against
T. Rowe Price457,2360 00For
Morgan Stanley442,7782,938 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco181,53838,137 00Mixed
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

2. Elect Christel Bories as Director

No official resultsDIRECTOR ELECTIONS

99.2% of fund votes cast · no official result

FOR
Details: votes by 81 asset managers

The 81 asset managers below reported 25,310,345 for, 190,309 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,310,345AGAINST: 190,309
Largest asset managers voting on “Elect Christel Bories as Director” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley442,7782,938 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

3. Elect Pablo Isla as Director

No official resultsDIRECTOR ELECTIONS

99% of fund votes cast · no official result

FOR
Details: votes by 81 asset managers

The 81 asset managers below reported 25,138,918 for, 361,736 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,138,918AGAINST: 361,736
Largest asset managers voting on “Elect Pablo Isla as Director” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity1,877,040208,799 00Mixed
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley442,7782,938 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

4. Reelect Jean-Paul Agon as Director

No official resultsDIRECTOR ELECTIONS

99.5% of fund votes cast · no official result

FOR
Details: votes by 81 asset managers

The 81 asset managers below reported 25,382,187 for, 118,467 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,382,187AGAINST: 118,467
Largest asset managers voting on “Reelect Jean-Paul Agon as Director” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley442,7782,938 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

5. Reelect Patrice Caine as Director

No official resultsDIRECTOR ELECTIONS

97% of fund votes cast · no official result

FOR
Details: votes by 81 asset managers

The 81 asset managers below reported 24,722,847 for, 777,807 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,722,847AGAINST: 777,807
Largest asset managers voting on “Reelect Patrice Caine as Director” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street0657,678 00Against
T. Rowe Price457,2360 00For
Morgan Stanley442,7782,938 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

6. APPOINTMENT OF "MR. PABLO ISLA" AS A DIRECTOR

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 23 asset managers

The 23 asset managers below reported 3,095,829 for, 6,827 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,095,829NOT VOTED: 6,827
Largest asset managers voting on “APPOINTMENT OF "MR. PABLO ISLA" AS A DIRECTOR” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

7. APPOINTMENT OF "MRS. ANNA LENZ" AS A DIRECTOR

No official resultsDIRECTOR ELECTIONS

99.7% of fund votes cast · no official result

FOR
Details: votes by 23 asset managers

The 23 asset managers below reported 3,087,255 for, 8,574 against, 6,827 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,087,255AGAINST: 8,574NOT VOTED: 6,827
Largest asset managers voting on “APPOINTMENT OF "MRS. ANNA LENZ" AS A DIRECTOR” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock61,1198,574 00Mixed
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

8. APPOINTMENT OF "MRS. CHRISTEL BORIES" AS A DIRECTOR

No official resultsDIRECTOR ELECTIONS

99.9% of fund votes cast · no official result

FOR
Details: votes by 23 asset managers

The 23 asset managers below reported 3,094,739 for, 1,090 against, 6,827 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,094,739AGAINST: 1,090NOT VOTED: 6,827
Largest asset managers voting on “APPOINTMENT OF "MRS. CHRISTEL BORIES" AS A DIRECTOR” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust2,3781,090 00Mixed
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

9. Amend Article 12 of Bylaws to Incorporate Legal Changes Re: General Meetings

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 81 asset managers

The 81 asset managers below reported 25,500,654 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,500,654
Largest asset managers voting on “Amend Article 12 of Bylaws to Incorporate Legal Changes Re: General Meetings” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

10. AMENDMENT OF ARTICLE 12 OF THE ARTICLES OF ASSOCIATION RELATING TO THE "GENERAL RULES" ON GENERAL MEETINGS IN ORDER TO…

No official resultsCORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 23 asset managers

Description as filed by funds: AMENDMENT OF ARTICLE 12 OF THE ARTICLES OF ASSOCIATION RELATING TO THE "GENERAL RULES" ON GENERAL MEETINGS IN ORDER TO TAKE INTO ACCOUNT THE REGULATORY CHANGES OF DECREE NO. 2026-94 OF FEBRUARY 13, 2026 KNOWN AS "ATTRACTIVENESS"

The 23 asset managers below reported 3,095,829 for, 6,827 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,095,829NOT VOTED: 6,827
Largest asset managers voting on “AMENDMENT OF ARTICLE 12 OF THE ARTICLES OF ASSOCIATION RELATING TO THE "GENERAL RULES" ON GENERAL MEETINGS IN ” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

11. Authorize Decrease in Share Capital via Cancellation of Repurchased Shares

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 81 asset managers

The 81 asset managers below reported 25,500,654 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,500,654
Largest asset managers voting on “Authorize Decrease in Share Capital via Cancellation of Repurchased Shares” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

12. Authorize Repurchase of Up to 10 Percent of Issued Share Capital

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 81 asset managers

The 81 asset managers below reported 25,500,654 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,500,654
Largest asset managers voting on “Authorize Repurchase of Up to 10 Percent of Issued Share Capital” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

13. AUTHORIZATION FOR THE COMPANY TO BUY BACK ITS OWN SHARES

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 23 asset managers

The 23 asset managers below reported 3,095,829 for, 6,827 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,095,829NOT VOTED: 6,827
Largest asset managers voting on “AUTHORIZATION FOR THE COMPANY TO BUY BACK ITS OWN SHARES” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

14. AUTHORIZATION GIVEN TO THE BOARD OF DIRECTORS TO REDUCE THE SHARE CAPITAL BY CANCELLING THE SHARES ACQUIRED BY THE…

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 23 asset managers

Description as filed by funds: AUTHORIZATION GIVEN TO THE BOARD OF DIRECTORS TO REDUCE THE SHARE CAPITAL BY CANCELLING THE SHARES ACQUIRED BY THE COMPANY UNDER ARTICLE L. 22-10-62 OF THE FRENCH COMMERCIAL CODE

The 23 asset managers below reported 3,095,829 for, 6,827 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,095,829NOT VOTED: 6,827
Largest asset managers voting on “AUTHORIZATION GIVEN TO THE BOARD OF DIRECTORS TO REDUCE THE SHARE CAPITAL BY CANCELLING THE SHARES ACQUIRED BY” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

15. DELEGATION OF AUTHORITY GRANTED TO THE BOARD OF DIRECTORS TO ALLOW THE COMPLETION OF A CAPITAL INCREASE RESERVED FOR…

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 23 asset managers

Description as filed by funds: DELEGATION OF AUTHORITY GRANTED TO THE BOARD OF DIRECTORS TO ALLOW THE COMPLETION OF A CAPITAL INCREASE RESERVED FOR EMPLOYEES WITH CANCELLATION OF SHAREHOLDERS' PREFERENTIAL SUBSCRIPTION RIGHTS

The 23 asset managers below reported 3,095,829 for, 6,827 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,095,829NOT VOTED: 6,827
Largest asset managers voting on “DELEGATION OF AUTHORITY GRANTED TO THE BOARD OF DIRECTORS TO ALLOW THE COMPLETION OF A CAPITAL INCREASE RESERV” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

16. Approve Allocation of Income and Dividends of EUR 7.20 per Share and an Extra of EUR 0.72 per Share to Long Term…

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 81 asset managers

Description as filed by funds: Approve Allocation of Income and Dividends of EUR 7.20 per Share and an Extra of EUR 0.72 per Share to Long Term Registered Shares

The 81 asset managers below reported 25,500,654 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,500,654
Largest asset managers voting on “Approve Allocation of Income and Dividends of EUR 7.20 per Share and an Extra of EUR 0.72 per Share to Long Te” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

17. Approve Consolidated Financial Statements and Statutory Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 81 asset managers

The 81 asset managers below reported 25,500,654 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,500,654
Largest asset managers voting on “Approve Consolidated Financial Statements and Statutory Reports” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

18. Approve Financial Statements and Statutory Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 81 asset managers

The 81 asset managers below reported 25,500,654 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,500,654
Largest asset managers voting on “Approve Financial Statements and Statutory Reports” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

19. APPROPRIATION OF PROFIT FOR THE 2025 FINANCIAL YEAR AND SETTING OF THE DIVIDEND

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 23 asset managers

The 23 asset managers below reported 3,095,829 for, 6,827 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,095,829NOT VOTED: 6,827
Largest asset managers voting on “APPROPRIATION OF PROFIT FOR THE 2025 FINANCIAL YEAR AND SETTING OF THE DIVIDEND” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

20. APPROVAL OF THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE 2025 FINANCIAL YEAR

100% of fund votes cast · no official result

FOR
Details: votes by 23 asset managers

The 23 asset managers below reported 3,095,829 for, 6,827 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,095,829NOT VOTED: 6,827
Largest asset managers voting on “APPROVAL OF THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE 2025 FINANCIAL YEAR” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

21. APPROVAL OF THE FINANCIAL STATEMENTS FOR THE 2025 FINANCIAL YEAR

100% of fund votes cast · no official result

FOR
Details: votes by 23 asset managers

The 23 asset managers below reported 3,095,829 for, 6,827 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,095,829NOT VOTED: 6,827
Largest asset managers voting on “APPROVAL OF THE FINANCIAL STATEMENTS FOR THE 2025 FINANCIAL YEAR” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

22. Authorize Filing of Required Documents/Other Formalities

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 80 asset managers

The 80 asset managers below reported 25,500,054 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,500,054
Largest asset managers voting on “Authorize Filing of Required Documents/Other Formalities” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 80 asset managers. See all 80 in the interactive database.

23. Approve Remuneration of Directors in the Aggregate Amount of EUR 2,100,000

99.9% of fund votes cast · no official result

FOR
Details: votes by 82 asset managers

The 82 asset managers below reported 25,485,164 for, 21,090 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,485,164AGAINST: 21,090
Largest asset managers voting on “Approve Remuneration of Directors in the Aggregate Amount of EUR 2,100,000” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

24. Authorize Capital Issuances for Use in Employee Stock Purchase Plans

99.4% of fund votes cast · no official result

FOR
Details: votes by 82 asset managers

The 82 asset managers below reported 25,357,487 for, 148,767 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,357,487AGAINST: 148,767
Largest asset managers voting on “Authorize Capital Issuances for Use in Employee Stock Purchase Plans” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC0148,767 00Against
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

25. Authorize Capital Issuances for Use in Employee Stock Purchase Plans Reserved for Employees of International…

99.4% of fund votes cast · no official result

FOR
Details: description as filed, votes by 82 asset managers

Description as filed by funds: Authorize Capital Issuances for Use in Employee Stock Purchase Plans Reserved for Employees of International Subsidiaries

The 82 asset managers below reported 25,357,487 for, 148,767 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,357,487AGAINST: 148,767
Largest asset managers voting on “Authorize Capital Issuances for Use in Employee Stock Purchase Plans Reserved for Employees of International S” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC0148,767 00Against
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

26. Authorize up to 0.6 Percent of Issued Capital for Use in Restricted Stock Plans

100% of fund votes cast · no official result

FOR
Details: votes by 82 asset managers

The 82 asset managers below reported 25,506,254 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,506,254
Largest asset managers voting on “Authorize up to 0.6 Percent of Issued Capital for Use in Restricted Stock Plans” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

27. SETTING OF THE MAXIMUM OVERALL ANNUAL AMOUNT ALLOCATED TO DIRECTORS IN REMUNERATION FOR THEIR MANDATE

100% of fund votes cast · no official result

FOR
Details: votes by 24 asset managers

The 24 asset managers below reported 3,095,995 for, 6,827 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,095,995NOT VOTED: 6,827
Largest asset managers voting on “SETTING OF THE MAXIMUM OVERALL ANNUAL AMOUNT ALLOCATED TO DIRECTORS IN REMUNERATION FOR THEIR MANDATE” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Janney Montgomery Scott LLC1660 00For
Tema ETF Trust270 00For

28. APPROVAL OF THE INFORMATION RELATING TO THE REMUNERATION OF EACH OF THE CORPORATE OFFICERS REQUIRED BY ARTICLE L…

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 23 asset managers

Description as filed by funds: APPROVAL OF THE INFORMATION RELATING TO THE REMUNERATION OF EACH OF THE CORPORATE OFFICERS REQUIRED BY ARTICLE L. 22-10-9, I OF THE FRENCH COMMERCIAL CODE

The 23 asset managers below reported 3,095,829 for, 6,827 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,095,829NOT VOTED: 6,827
Largest asset managers voting on “APPROVAL OF THE INFORMATION RELATING TO THE REMUNERATION OF EACH OF THE CORPORATE OFFICERS REQUIRED BY ARTICLE” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

29. AUTHORIZATION GIVEN TO THE BOARD OF DIRECTORS TO PROCEED WITH THE FREE ALLOCATION TO EMPLOYEES AND CORPORATE OFFICERS…

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 23 asset managers

Description as filed by funds: AUTHORIZATION GIVEN TO THE BOARD OF DIRECTORS TO PROCEED WITH THE FREE ALLOCATION TO EMPLOYEES AND CORPORATE OFFICERS OF EXISTING SHARES AND/OR SHARES TO BE ISSUED ENTAILING A WAIVER BY SHAREHOLDERS OF THEIR PREFERENTIAL SUBSCRIPTION RIGHTS

The 23 asset managers below reported 3,095,829 for, 6,827 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,095,829NOT VOTED: 6,827
Largest asset managers voting on “AUTHORIZATION GIVEN TO THE BOARD OF DIRECTORS TO PROCEED WITH THE FREE ALLOCATION TO EMPLOYEES AND CORPORATE O” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

30. Approve Compensation of Nicolas Hieronimus, CEO

99.9% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 89 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 79 asset managers voting on “Approve Compensation of Nicolas Hieronimus, CEO” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Fund voting reports, all 79 managers: 25,478,934 for, 21,090 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 12 asset managers voting on “Approve Compensation of Nicolas Hieronimus, CEO” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock7,144,4560 00For
Walter Scott & Partners Ltd1,618,2420 00For
APG Asset Management US Inc.923,3010 00For
COMGEST GLOBAL INVESTORS S.A.S.650,2680 00For
JPMorgan274,1630 00For
Life Cycle Investment Partners Ltd116,7390 00For
CIDEL ASSET MANAGEMENT INC60,4570 00For
Vontobel Holding Ltd.5,6000 00For
IQ EQ FUND MANAGEMENT (IRELAND) Ltd8820 00For
Plato Investment Management Ltd6540 00For
Qtron Investments LLC5860 00For
RWC Asset Management LLP300 00For

Institutional-manager reports, all 12 managers: 10,795,378 for.

31. Approve Compensation of Jean-Paul Agon, Chairman of the Board

99.9% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 87 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 79 asset managers voting on “Approve Compensation of Jean-Paul Agon, Chairman of the Board” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Fund voting reports, all 79 managers: 25,478,934 for, 21,090 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 10 asset managers voting on “Approve Compensation of Jean-Paul Agon, Chairman of the Board” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock7,144,4560 00For
Walter Scott & Partners Ltd1,618,2420 00For
APG Asset Management US Inc.923,3010 00For
COMGEST GLOBAL INVESTORS S.A.S.650,2680 00For
JPMorgan274,1630 00For
Life Cycle Investment Partners Ltd116,7390 00For
CIDEL ASSET MANAGEMENT INC60,4570 00For
Vontobel Holding Ltd.5,6000 00For
IQ EQ FUND MANAGEMENT (IRELAND) Ltd8820 00For
RWC Asset Management LLP300 00For

Institutional-manager reports, all 10 managers: 10,794,138 for.

32. Approve Compensation Report of Corporate Officers

99.9% of fund votes cast · no official result

FOR
Details: votes by 83 asset managers

The 83 asset managers below reported 25,545,903 for, 21,090 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,545,903AGAINST: 21,090
Largest asset managers voting on “Approve Compensation Report of Corporate Officers” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

33. Approve Remuneration Policy of CEO

99.9% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 83 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 80 asset managers voting on “Approve Remuneration Policy of CEO” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Fund voting reports, all 80 managers: 25,479,534 for, 21,090 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 4 asset managers voting on “Approve Remuneration Policy of CEO” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock6,770,8920 00For
Vontobel Holding Ltd.5,6000 00For
IQ EQ FUND MANAGEMENT (IRELAND) Ltd8820 00For
RWC Asset Management LLP300 00For

Institutional-manager reports, all 4 managers: 6,777,404 for.

34. Approve Remuneration Policy of Chairman of the Board

99.9% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 82 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 80 asset managers voting on “Approve Remuneration Policy of Chairman of the Board” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Fund voting reports, all 80 managers: 25,479,534 for, 21,090 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Approve Remuneration Policy of Chairman of the Board” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock6,770,8920 00For
Vontobel Holding Ltd.5,6000 00For
RWC Asset Management LLP300 00For

Institutional-manager reports, all 3 managers: 6,776,522 for.

35. Approve Remuneration Policy of Directors

99.9% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 82 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 80 asset managers voting on “Approve Remuneration Policy of Directors” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard6,803,6610 00For
BlackRock4,968,6440 00For
Capital Group2,598,5550 00For
Fidelity2,085,8390 00For
Goldman Sachs1,304,8410 00For
TIAA1,000,0240 00For
EUPAC FUND876,0730 00For
State Street657,6780 00For
T. Rowe Price457,2360 00For
Morgan Stanley445,7160 00For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND343,8160 00For
WisdomTree326,5420 00For
Thornburg317,8850 00For
JPMorgan311,6170 00For
Legg Mason291,6180 00For
JANUS INVESTMENT FUND265,5670 00For
BNY Mellon230,3220 00For
Invesco219,6750 00For
Dimensional204,2960 00For
INTERNATIONAL GROWTH & INCOME FUND154,6030 00For
OLD WESTBURY FUNDS INC148,7670 00For
American Century130,1550 00For
DWS116,9040 00For
Equitable108,1310 00For
AIG/SunAmerica104,9960 00For

Fund voting reports, all 80 managers: 25,479,534 for, 21,090 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Approve Remuneration Policy of Directors” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock6,770,8920 00For
Vontobel Holding Ltd.5,6000 00For
RWC Asset Management LLP300 00For

Institutional-manager reports, all 3 managers: 6,776,522 for.

36. APPROVAL OF THE FIXED AND VARIABLE COMPONENTS OF THE TOTAL REMUNERATION AND BENEFITS IN KIND PAID DURING THE 2025…

No official resultsFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

99.8% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 47 asset managers

Description as filed by funds: APPROVAL OF THE FIXED AND VARIABLE COMPONENTS OF THE TOTAL REMUNERATION AND BENEFITS IN KIND PAID DURING THE 2025 FINANCIAL YEAR OR AWARDED IN RESPECT OF THIS FINANCIAL YEAR TO "MR. JEAN-PAUL AGON", IN HIS CAPACITY AS CHAIRMAN OF THE BOARD OF DIRECTORS

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 23 asset managers voting on “APPROVAL OF THE FIXED AND VARIABLE COMPONENTS OF THE TOTAL REMUNERATION AND BENEFITS IN KIND PAID DURING THE 2” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

Fund voting reports, all 23 managers: 3,095,829 for, 6,827 not voted.

Institutional-manager reports: 24 asset managers voting on “APPROVAL OF THE FIXED AND VARIABLE COMPONENTS OF THE TOTAL REMUNERATION AND BENEFITS IN KIND PAID DURING THE 2” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock6,395,31719,372 00For
BAILLIE GIFFORD OVERSEAS LTD2,361,5750 00For
1832 Asset Management L.P.291,1740 00For
BAILLIE GIFFORD & CO LTD175,8340 00For
Korea Investment CORP141,1800 00For
HARDING LOEVNER LP134,7410 00For
JPMorgan94,8880 00For
Siemens Fonds Invest GmbH78,9050 00For
Baillie Gifford Investment Management (Europe) Ltd30,9070 00For
S-Bank Fund Management Ltd18,5320 00For
Northern Trust15,3470 00For
BAILLIE GIFFORD & CO13,3030 00For
PNC BANK, NATIONAL ASSOCIATION5,0100 00For
GARDNER RUSSO & QUINN LLC3,7050 00For
Manning & Napier2,3980 00For
NATIONAL BANK INVESTMENTS INC.1,2260 00For
SATURNA CAPITAL CORP7910 00For
WESTWOOD HOLDINGS GROUP INC5690 00For
Diversified Trust Co3840 00For
DAVENPORT & Co LLC1850 00For
Bristol Gate Capital Partners Inc.1400 00For
O'SHAUGHNESSY ASSET MANAGEMENT, LLC600 00For
CIM, LLC00 410Abstain
ENVESTNET ASSET MANAGEMENT INC40 00For

Institutional-manager reports, all 24 managers: 9,766,175 for, 19,372 against, 41 abstained.

37. APPROVAL OF THE FIXED AND VARIABLE COMPONENTS OF THE TOTAL REMUNERATION AND BENEFITS IN KIND PAID DURING THE 2025…

No official resultsFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

99.8% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 47 asset managers

Description as filed by funds: APPROVAL OF THE FIXED AND VARIABLE COMPONENTS OF THE TOTAL REMUNERATION AND BENEFITS IN KIND PAID DURING THE 2025 FINANCIAL YEAR OR AWARDED IN RESPECT OF THIS FINANCIAL YEAR TO "MR. NICOLAS HIERONIMUS" IN HIS CAPACITY AS CHIEF EXECUTIVE OFFICER

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 23 asset managers voting on “APPROVAL OF THE FIXED AND VARIABLE COMPONENTS OF THE TOTAL REMUNERATION AND BENEFITS IN KIND PAID DURING THE 2” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

Fund voting reports, all 23 managers: 3,095,829 for, 6,827 not voted.

Institutional-manager reports: 24 asset managers voting on “APPROVAL OF THE FIXED AND VARIABLE COMPONENTS OF THE TOTAL REMUNERATION AND BENEFITS IN KIND PAID DURING THE 2” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock6,395,31719,372 00For
BAILLIE GIFFORD OVERSEAS LTD2,361,5750 00For
1832 Asset Management L.P.291,1740 00For
BAILLIE GIFFORD & CO LTD175,8340 00For
Korea Investment CORP141,1800 00For
HARDING LOEVNER LP134,7410 00For
JPMorgan94,8880 00For
Siemens Fonds Invest GmbH78,9050 00For
Baillie Gifford Investment Management (Europe) Ltd30,9070 00For
S-Bank Fund Management Ltd18,5320 00For
Northern Trust15,3470 00For
BAILLIE GIFFORD & CO13,3030 00For
PNC BANK, NATIONAL ASSOCIATION5,0100 00For
GARDNER RUSSO & QUINN LLC3,7050 00For
Manning & Napier2,3980 00For
NATIONAL BANK INVESTMENTS INC.1,2260 00For
SATURNA CAPITAL CORP7910 00For
WESTWOOD HOLDINGS GROUP INC5690 00For
Diversified Trust Co3840 00For
DAVENPORT & Co LLC1850 00For
Bristol Gate Capital Partners Inc.1400 00For
O'SHAUGHNESSY ASSET MANAGEMENT, LLC600 00For
CIM, LLC00 410Abstain
ENVESTNET ASSET MANAGEMENT INC40 00For

Institutional-manager reports, all 24 managers: 9,766,175 for, 19,372 against, 41 abstained.

38. APPROVAL OF THE DIRECTORS' REMUNERATION POLICY

No official resultsFund totals may overlapCOMPENSATIONCORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 24 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 23 asset managers voting on “APPROVAL OF THE DIRECTORS' REMUNERATION POLICY” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

Fund voting reports, all 23 managers: 3,095,829 for, 6,827 not voted.

Institutional-manager reports: 2 asset managers voting on “APPROVAL OF THE DIRECTORS' REMUNERATION POLICY” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock6,414,6890 00For
Janney Montgomery Scott LLC1660 00For

Institutional-manager reports, all 2 managers: 6,414,855 for.

39. APPROVAL OF THE REMUNERATION POLICY OF THE CHAIRMAN OF THE BOARD OF DIRECTORS

99.7% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 24 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 23 asset managers voting on “APPROVAL OF THE REMUNERATION POLICY OF THE CHAIRMAN OF THE BOARD OF DIRECTORS” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

Fund voting reports, all 23 managers: 3,095,829 for, 6,827 not voted.

Institutional-manager reports: 2 asset managers voting on “APPROVAL OF THE REMUNERATION POLICY OF THE CHAIRMAN OF THE BOARD OF DIRECTORS” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock6,395,31719,372 00For
Janney Montgomery Scott LLC1660 00For

Institutional-manager reports, all 2 managers: 6,395,483 for, 19,372 against.

40. APPROVAL OF THE CHIEF EXECUTIVE OFFICER'S REMUNERATION POLICY

No official resultsFund totals may overlapCOMPENSATIONCORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

99.7% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 24 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 23 asset managers voting on “APPROVAL OF THE CHIEF EXECUTIVE OFFICER'S REMUNERATION POLICY” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,783,5810 00For
Six Circles Trust482,8800 00For
HARDING LOEVNER FUNDS INC365,8580 00For
BAILLIE GIFFORD FUNDS219,8850 00For
John Hancock69,6930 00For
Bridge Builder Trust56,3530 00For
Jackson National43,3730 00For
Harbor ETF Trust41,9120 00For
Morningstar Funds Trust00 00Not Voted
CARILLON SERIES TRUST5,5580 00For
Listed Funds Trust5,4210 00For
LKCM Funds4,4970 00For
EA Series Trust3,4680 00For
PFM Multi-Manager Series Trust2,9150 00For
HARBOR FUNDS2,9100 00For
BlackRock2,5400 00For
Pacer Funds Trust1,8500 00For
GPS Funds I1,1430 00For
Zacks Trust6490 00For
RBC FUNDS TRUST5810 00For
Innovator ETFs Trust5130 00For
Calamos2220 00For
Tema ETF Trust270 00For

Fund voting reports, all 23 managers: 3,095,829 for, 6,827 not voted.

Institutional-manager reports: 2 asset managers voting on “APPROVAL OF THE CHIEF EXECUTIVE OFFICER'S REMUNERATION POLICY” at L'Oreal SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock6,395,31719,372 00For
Janney Montgomery Scott LLC1660 00For

Institutional-manager reports, all 2 managers: 6,395,483 for, 19,372 against.

Showing the 40 reported items with the widest manager coverage, of 67 in total. View every item.

Largest L'Oreal SA shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top L'Oreal SA shareholders by shares voted on “Approve Remuneration Policy of CEO”, 2025-2026
#Asset manager Shares voted
1Vanguard 6,803,661
2BlackRock 4,968,644
3Capital Group 2,598,555
4Fidelity 2,085,839
5Goldman Sachs 1,304,841
6TIAA 1,000,024
7EUPAC FUND 876,073
8State Street 657,678
9T. Rowe Price 457,236
10Morgan Stanley 445,716
Institutional-manager reports: top L'Oreal SA shareholders by shares voted on “APPROVAL OF THE FIXED AND VARIABLE COMPONENTS OF THE TOTAL REMUNERATION AND BENEFITS IN KIND…”, 2025-2026
#Asset manager Shares voted
1BlackRock 6,414,689
2BAILLIE GIFFORD OVERSEAS LTD 2,361,575
31832 Asset Management L.P. 291,174
4BAILLIE GIFFORD & CO LTD 175,834
5Korea Investment CORP 141,180
6HARDING LOEVNER LP 134,741
7JPMorgan 94,888
8Siemens Fonds Invest GmbH 78,905
9Baillie Gifford Investment Management (Europe) Ltd 30,907
10S-Bank Fund Management Ltd 18,532

Shown as share counts, not percentages: no shares-outstanding figure has been matched to L'Oreal SA for the 2025-2026 season, so there is no denominator to divide by.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on October 13, 2026; a live search always shows the current data.

At L'Oreal SA's shareholder meeting held April 24, 2026, in the 2025-2026 proxy season, 150 asset managers reported how they voted in their SEC Form N-PX filings, covering 9,983 separate fund positions. Their filings are grouped here into 67 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Approve Compensation of Nicolas Hieronimus, CEO — the reporting funds and managers cast 99.9% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

L'Oreal SA proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Download data (CSV): ballot items · votes by manager · column guide.