Agreement Between L’Oréal and Sanofi for the Repurchase by Sanofi of 2.3% of Its Own Shares Held by L’Oréal

"This press release does not constitute an offer of sale or solicitation of an offer to purchase L'Oréal shares. If you wish to obtain more comprehensive information about L'Oréal, please refer to the public documents registered in France with the Autorité des Marchés Financiers, also available in English on our website www.loreal-finance.com.

This press release may contain forecast information. While the Company believes that these statements are based on reasonable assumptions as of the date of publication of this press release, they are by nature subject to risks and uncertainties which may lead to a discrepancy between the actual figures and those indicated or suggested in these statements.”

¹ On the basis of a total number of 1,263,122,721 shares and a total number of 1,413,130,110 effective voting rights as of December 31, 2024, as published by Sanofi, it being specified that the percentage of theoretical voting rights held by L’Oréal after cancellation will be 13.0% on the basis of the total number of 1,422,661,191 theoretical voting rights at December 31, 2024, as published by Sanofi, in each case, adjusted for the number of shares bought back and cancelled further to or as a result of this transaction. Before cancellation of the repurchased shares, the stake held by L’Oréal will amount to 7.0% of Sanofi’s share capital and 12.7% of the total number of theoretical voting rights.

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