THE ASHOKA PROJECT Ashoka is an NGO that brings together the largest network of social entrepreneurs worldwide. Its mission is to identify and support the most innovative ones by fostering links with businesses to maximize social impact. In 2018, our FRAGRANCES & BEAUTY activity entered into a partnership with Ashoka, based on three pillars: 1. To select and financially support social innovators on themes related to our business (renewable energy, circular economy, biodiversity, integration and diversity). 2. Engage our own employees and develop talents alongside social entrepreneurs through discovery sessions and skills sponsorship. 3. Share what we learn with leading companies in other sectors, within a multi-company program supported by Ashoka. Through this program and through social innovation, we want to develop a strong culture of sustainability and commitment among our employees, and create a “laboratory” for the creation of new business models and innovation processes. PARENTAL LEAVE: COMMITTING TO EQUAL TREATMENT AND VALUING PEOPLE’S WHOLE LIVES On January 1, 2018, CHANEL implemented a new global parental-leave benefit, providing 14 weeks of leave at full pay for all new parents — both women and men — who expand their families by birth, adoption, or surrogacy. This enhanced benefit reflects our shared values on gender equality, empowerment, and freedom of choice by giving women and men equal flexibility to focus on career and family, moving away from stereotypes that women, more than men, should manage family demands, which often force them to trade off on their career. Our global parental-leave policy is an employer’s essential investment in supporting employees’, particularly women’s, long-term personal and career ambitions, including cherishing important moments in their lives and reaching top executive positions, not just at CHANEL, but also in society in general. EMPLOYEE SOCIAL COMMITMENT Since it was first created, Fondation CHANEL has provided employees with opportunities to actively participate in the projects it supports. Many employees wish to engage actively in social and philanthropic projects to fulfil their personal and professional desires. CHANEL actively encourages employees to support the associations and social enterprises by matching an employee’s competencies and skills to the needs of these organizations on social and environmental projects. Our employees are thereby helping these organizations not only with their time, but also by helping them build internal competencies in key disciplines for mutually rewarding benefit. BEING A PURPOSEFUL EMPLOYER