LONG-TERM EXPERTISE IN HEALTHY SKIN CHANEL FRAGRANCES & BEAUTY is dedicated to creating the best cosmetic solutions for women in the world. To do so, for over 25 years, CHANEL has been running a long-term research program to understand healthy skin and beauty for women. This program aims at better understanding the crossed impact of environmental factors, lifestyle, and genetics on the skin’s appearance and comfort. We can capitalize on these long-term studies in order to develop the most appropriate cosmetic solutions for women. To reflect the huge diversity of women around the world, studies were carried out in different countries in collaboration with local research centers including in China (700 women from Beijing, Shanghai, Guangzhou, and Hangzhou), in India (800 women from Mumbai), in South Africa (300 women from Pretoria), the U.S.A. (450 Latin-Americans and, 250 African-Americans), and over 6,000 women from different ethnical backgrounds in France. The results were shared and co-published, enabling us to create a database of 37,000 high-quality images of women’s facial- and skin-health data while always complying with the highest regulatory and ethical rules around data privacy. CHANEL is also a partner in major health and aging national research programs both in France (SU.VI.MAX study on over 13,000 men and women) and Japan (Nagahama study on over 10,000 men and women). These long-term studies aim to better understand women’s health and how their bodies age with time. They are our contribution to a better understanding of aging in skin and appearance as a part of human health. The Innovation and Materials Development Laboratory is also working to develop innovative techniques for producing active ingredients in partnership with start-ups. For example, the laboratory collaborated with Oléos to develop a less intense extraction method using the physical processes of microwaves combined with ultrasound. Thus, for the camellia, polyphenols are extracted from white camellia flower petals in camellia oil. After filtration, this oil, enriched in polyphenols, is used in the Hydra Beauty product range. More recently, one of the three active ingredients of our BLUE SERUM was developed using this process. In addition, our collaboration with Plant Advanced Technologies, a plant biotechnology start-up from the Lorraine region of France, made the cultivation of plants in aeroponics possible. This new approach to above-ground plant cultivation makes it possible to control the ecosystem of the plant by providing it with all the nutrients it needs to develop fully. By stimulating a plant’s natural defenses, we are able to trigger the production of active molecules that will be harvested through the roots as they are immersed in a natural solvent. The process, called “PAT plant milking®,” now makes it possible to produce natural active substances without damaging the plant. This technique was used for the first time in the world by CHANEL for the production of the star active ingredient of the Le Lift product line, Edulis Morning Glory. CHANEL also uses specific partnerships in the development of raw materials. In its makeup line, for example, CHANEL FRAGRANCES & BEAUTY co-developed a red plant pigment with the Regional Centre for Innovation and Transfer of Horticultural Technology in Rochefort-sur-Mer: the sappan wood, used in the product range of ROUGE ALLURE lipstick. INNOVATION — CREATING VALUE FOR SOCIETY