FINANCIAL COMMUNICATION: FRAMEWORK AND PRACTICES - 2019 EDITION

36 DISCLOSURE OF ANNUAL RESULTS Disclosure of annual results includes several types of mandatory and optional documents for which the type, method and calendar of dissemination are as follows: Type of document/ event Driving factor Dissemination method Calendar Press releases Mandatory Through electronic means Posted on the issuer’s website After the meeting of the board of directors or the supervisory board and, in the case of sales results, within 60 days Information meetings Common market practice Physical meeting/conference call Financial notice Optional Written press, internet or radio Annual financial report Mandatory Through electronic means with the possibility of only disclosing the means by which the report has been made available (regulatory information) Posted on the issuer’s website and sent to the AMF Within four months of the financial period closing date Registration document – up to July 20, 2019 Optional Posted on the issuer’s website and sent to the AMF No regulatory deadline Universal registration document – from July 21, 2019 Optional Posted on the issuer’s website and sent to the AMF No regulatory deadline Integrated report Optional Posted on the issuer’s website No regulatory deadline Documents published in the BALO Mandatory Electronic transmission to the BALO (Bulletin of legal announcements) Within 45 days of the annual shareholders’ meeting held to approve the accounts Documents filed with the commercial court registry Mandatory Within the month following the approval of the annual financial statements by the shareholders’ meeting or within two months of the approval if filed through electronic means Companies listed on Euronext Growth shall, within four months of the closing date, disclose the annual financial statements, the management report, and, if applicable, the consolidated financial statements and group management report as well as the corresponding statutory auditors’ reports (Euronext Growth Market Rules, section 4.2). This information shall be posted on the websites of the issuer and Euronext Growth for a two-year period (Euronext Growth Market Rules, section 4.1). Companies listed on Euronext Access+ must disclose the same information within the same time period (Euronext Access Market Rules, section 3.2). Press releases Press releases announcing annual results Press releases disseminated by issuers commonly include the following types of information: n analysis of changes in consolidated sales and income statement items (organic growth, changes in consolidation scope, impact of exchange rates); Annual results: n L’ORÉAL