Fondation de prévoyance du personnel du Groupe L'Oréal en Suisse

to protect the members of the company against the economic consequences resulting from old age, disability and death. The Foundation may also create special funds with a specific purpose within itself. The Foundation may not make any payments that are the responsibility of the company under the law or a contract, nor any other payments that have the character of remuneration for work (family allowances, cost-of-living allowances, seniority bonuses or other salary supplements). The Foundation may conclude insurance contracts or join existing insurance contracts, in which case it must be both the policyholder and the beneficiary.