ESTEE LAUDER COMPANIES INC — fact timeline

ESTEE LAUDER COMPANIES INC announced a restructuring with charges of approximately $1,551 million (before tax) affecting Value Chain Optimization, Enabling Function Re-Invention, Go-to-Market Operating Model Acceleration, Digital Organization Transformation.

“a net reduction in workforce. Once the relevant accounting criteria have been met, the Company expects to record cumulative restructuring and other charges of approximately $1,551 million (before tax) in connection with initiatives approved since inception of the Restructuring Program through May 28, 2026, which other than the non-cash charges, are expected to”

ESTEE LAUDER COMPANIES INC reported third quarter ended March 31, 2026 results: revenue $ 3,712, net income $ 249, EPS $ .24. Guidance raised.

“24 FISCAL 2026 THIRD QUARTER SELECT FINANCIAL RESULTS (unaudited) 1,2,3 Three Months Ended March 31 Percentage Change ($ in millions, except per share data) 2026 2025 Net Sales $ 3,712 $ 3,550 5 % Organic Net Sales, Non-GAAP 1,2 $ 3,611 $ 3,550 2 % Other Financial Results: Gross Profit $ 2,836 $ 2,661 7 % Gross Margin 76.4 % 75.0 % Adjusted Gross Profit,”

ESTEE LAUDER COMPANIES INC announced a restructuring with charges of PRGP Restructuring Program expansion approved Feb 3, 2025 affecting global marketing and creative operating model, reorganization and rightsizing of certain areas, simplification and acceleration of processes, outsourcing of select services, evolution of go-to-market (employee severance through a net reduction in workforce).

“Subsequent to January 30, 2026, the Company approved initiatives under the Restructuring Program, primarily relating to the following: • Future of Brand-led Model – The Company approved initiatives to reorganize and simplify its global marketing and creative operating model to make it leaner, faster and more agile and drive greater efficiency and effectiveness. These activities will primarily result in employee severance through a net reduction in workforce.”

ESTEE LAUDER COMPANIES INC announced a restructuring with charges of $1,200 million to $1,600 million affecting Enterprise Business Services (a net reduction in workforce).

“Program includes a number of initiatives, and the Company estimates that restructuring and other charges to implement those initiatives are expected to total between $1,200 million and $1,600 million (before tax). At the time the Company filed the Current Report on Form 8-K on February 4, 2025, the Company was unable to make a determination of the estimated”

ESTEE LAUDER COMPANIES INC issued 11,034,685 shares of common stock to three trusts affiliated with descendants of Leonard A. Lauder.

“On November 4, 2025, The Estée Lauder Companies Inc. (the “Company”) issued 11,034,685 shares of Class A Common Stock, par value $.01 per share, of the Company to three trusts affiliated with descendants of Leonard A. Lauder (the “Selling Stockholders”) upon the conversion by such Selling Stockholders of an equal number of shares of Class B Common Stock, par value $.01 per share, of the Company.”

ESTEE LAUDER COMPANIES INC announced a restructuring with charges of approximately $747 million (before tax) affecting supply chain, research and development, corporate functions, and brand-led model functions.

“the Company expects to record cumulative restructuring and other charges of approximately $747 million (before tax) in connection with initiatives approved since inception of the Restructuring Program through July 30, 2025”

ESTEE LAUDER COMPANIES INC: Amended and restated bylaws to revise stockholder proposal mechanics, add forum selection provisions, clarify indemnification, remove Executive Chairman references, and make other updates (effective 2025-05-22).

“On May 22, 2025, the Board of Directors (the “Board”) of The Estée Lauder Companies Inc. (the “Company”) approved and adopted an amendment and restatement of the Company’s Amended and Restated Bylaws, effective as of such date.”

Eric Zinterhofer was elected as Class II director at ESTEE LAUDER COMPANIES INC.

“Eric Zinterhofer was elected by the Board of Directors (the “Board”) of The Estée Lauder Companies Inc. as a Class II director on January 9, 2025.”

ESTEE LAUDER COMPANIES INC announced a restructuring with charges of between $1,200 million and $1,600 million (approximately 5,800 to 7,000 positions globally).

“In connection with the Restructuring Program, the Company now estimates a net reduction in the range of approximately 5,800 to 7,000 positions globally, which is about 9-11% of its positions including temporary and part-time employees as of June 30, 2023. This net reduction takes into account the elimination of positions after retraining and redeployment of certain employees in select areas. 2 The Company now expects that the Restructuring Program will result in restructuring and other charges totaling between $1,200 million and $1,600 million, before taxes”

Eric Zinterhofer was elected as Class II Director at ESTEE LAUDER COMPANIES INC.

“Eric Zinterhofer, 53, has been elected by the Board as a Class II director, as Mr. R. Lauder’s designee under the Stockholders’ Agreement.”

Ronald S. Lauder departed as Board Member at ESTEE LAUDER COMPANIES INC.

“On January 9, 2025, Ronald S. Lauder, a member of the Board of Directors (the “Board”) of The Estée Lauder Companies Inc. (the “Company”), notified the Company that he will retire from the Board, effective January 10, 2025.”

ESTEE LAUDER COMPANIES INC announced a restructuring with charges of restructuring and other charges of approximately $122 million (before tax) affecting geographic regions, supply chain, research and development, marketing and creative organization, various corporate functions (employee severance through a net reduction in workforce).

“through a net reduction in workforce. Once the relevant accounting criteria have been met, the Company expects to record restructuring and other charges of approximately $122 million (before tax) in connection with these initiatives, which other than the non-cash charges, are expected to result in future cash expenditures funded from cash provided by”

William P. Lauder changed role as Executive Chairman at ESTEE LAUDER COMPANIES INC.

“William P. Lauder will be stepping down from his role as Executive Chairman following the Annual Meeting of Stockholders on November 8, 2024.”

Fabrizio Freda resigned as Director at ESTEE LAUDER COMPANIES INC.

“Fabrizio Freda, current President and Chief Executive Officer, will transition from those offices and resign from the Company’s Board at the end of the day on December 31, 2024.”

Fabrizio Freda resigned as President and Chief Executive Officer at ESTEE LAUDER COMPANIES INC.

“Fabrizio Freda, current President and Chief Executive Officer, will transition from those offices and resign from the Company’s Board at the end of the day on December 31, 2024.”

Stéphane de La Faverie was appointed as Director at ESTEE LAUDER COMPANIES INC.

“Mr. de La Faverie will become a member of the Board effective January 1, 2025, to fill the vacancy that arises from Mr. Freda’s resignation.”

Fabrizio Freda departed as President and Chief Executive Officer at ESTEE LAUDER COMPANIES INC.

“on August 19, 2024, Fabrizio Freda, President and Chief Executive Officer and member of the Board of Directors of The Estée Lauder Companies Inc. (the “Company”), notified the Company of his intention to retire at the end of the fiscal year ending June 30, 2025.”

ESTEE LAUDER COMPANIES INC announced a restructuring with charges of $133.

“through April 24, 2024 $ — $ — $ 24 $ 72 $ 96 April 25, 2024 - June 30, 2024 — — 85 6 91 July 1, 2024 - July 19, 2024 1 9 24 12 46 Cumulative through July 19, 2024 $ 1 $ 9 $ 133 $ 90 $ 233 2 Included in the above table, cumulative restructuring initiatives approved by the Company through July 19, 2024 were: (In millions) Employee- Related Costs Asset-”

ESTEE LAUDER COMPANIES INC announced a restructuring with charges of $96.

“in Net Sales) Cost of Sales Operating Expenses Total (In millions) Restructuring Charges Other Charges Approval Period Cumulative through April 24, 2024 $ — $ — $ 24 $ 72 $ 96 April 25, 2024 - June 30, 2024 — — 85 6 91 July 1, 2024 - July 19, 2024 1 9 24 12 46 Cumulative through July 19, 2024 $ 1 $ 9 $ 133 $ 90 $ 233 2 Included in the above table,”

ESTEE LAUDER COMPANIES INC announced a restructuring with charges of $500 million and $700 million (before tax).

“restructuring and other charges to implement those initiatives are expected to total between $500 million and $700 million (before tax)”

ESTEE LAUDER COMPANIES INC announced a restructuring with charges of approximately $137 million (before tax) affecting supply chain, corporate functions, marketing/creative organization, unprofitable brands from specific markets and distribution channels (employee severance through a net reduction in workforce).

“the Company expects to record restructuring and other charges of approximately $137 million (before tax) in connection with these initiatives”

Tracey T. Travis was appointed as Executive Vice President, Senior Adviser at ESTEE LAUDER COMPANIES INC.

“The Company announced Ms. Travis’ intention to retire June 30, 2025 in a press release on July 11, 2024 and in a current report on Form 8-K that was filed with the SEC on July 16, 2024. Effective November 1, 2024, Ms. Travis will be Executive Vice President, Senior Adviser.”

Akhil Shrivastava was appointed as Executive Vice President and Chief Financial Officer at ESTEE LAUDER COMPANIES INC.

“On July 11, 2024, The Estée Lauder Companies Inc. (the “Company”) appointed Akhil Shrivastava, as its Executive Vice President and Chief Financial Officer, effective November 1, 2024.”

Tracey T. Travis departed as Executive Vice President and Chief Financial Officer at ESTEE LAUDER COMPANIES INC.

“on July 11, 2024, Tracey T. Travis, Executive Vice President and Chief Financial Officer of The Estée Lauder Companies Inc. (the “Company”), notified the Company of her decision to retire effective June 30, 2025.”

ESTEE LAUDER COMPANIES INC reported fiscal quarter ended March 31, 2024 results: revenue $3.94 billion, net income $330 million, EPS $.91.

“The Estée Lauder Companies Inc. (NYSE: EL) today reported net sales of $3.94 billion for its third quarter ended March 31, 2024”

ESTEE LAUDER COMPANIES INC entered into Indenture with U.S. Bank Trust National Association valued at $650,000,000 aggregate principal amount (effective 2024-02-14).

“On February 14, 2024, The Estée Lauder Companies Inc. (the “Company”) completed a public offering of $650,000,000 aggregate principal amount of its 5.000% Senior Notes due 2034 (the “Notes”). The Notes are governed by the Indenture, dated as of November 5, 1999 (the “Indenture”), between the Company and U.S. Bank Trust National Association”

ESTEE LAUDER COMPANIES INC reported fiscal 2024 second quarter ended December 31, 2023 results: revenue $4.28 billion, net income $313 million, EPS $.87. Guidance lowered.

“The Estée Lauder Companies Inc. (NYSE: EL) today reported net sales of $4.28 billion for its second quarter ended December 31, 2023, a decline of 7% from $4.62 billion in the prior-year period.”

ESTEE LAUDER COMPANIES INC announced a restructuring with charges of restructuring and other charges totaling between $500 million and $700 million, before taxes affecting reorganization and rightsizing of certain areas of the Company (net reduction in the range of approximately 1,800 to 3,000 positions globally).

“The Company expects that the restructuring program will result in restructuring and other charges totaling between $500 million and $700 million, before taxes, consisting of employee-related costs, contract terminations, asset write-offs and other costs associated with implementing these initiatives.”

ESTEE LAUDER COMPANIES INC shareholders approved Advisory Vote on the Frequency of the Advisory Vote on Executive Compensation at the 2023-11-17 meeting.

“Stockholders voted as follows on the frequency of the advisory vote on executive compensation: One Year Two Years Three Years Abstentions Broker Non-Votes 1,436,849,777 278,890 2,069,391 448,238 15,014,964”

ESTEE LAUDER COMPANIES INC shareholders approved Advisory Vote on Executive Compensation at the 2023-11-17 meeting.

“Stockholders approved a resolution approving, on an advisory basis, the compensation paid to the Company’s named executive officers.”

ESTEE LAUDER COMPANIES INC shareholders approved Ratification of Appointment of Independent Auditors at the 2023-11-17 meeting.

“Stockholders approved the ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent auditors for the fiscal year ending June 30, 2024.”

ESTEE LAUDER COMPANIES INC shareholders approved Election of Directors at the 2023-11-17 meeting.

“Stockholders elected each of the following nominees as Class III directors to hold office for a term of three years until the 2026 Annual Meeting and until his or her successor is elected and qualified.”

ESTEE LAUDER COMPANIES INC reported first quarter ended September 30, 2023 results: revenue $3.52 billion, net income $31 million, EPS $.09. Guidance lowered.

“The Estée Lauder Companies Inc. (NYSE: EL) today reported net sales of $3.52 billion for its first quarter ended September 30, 2023, a decline of 10% from $3.93 billion in the prior year.”

Gary M. Lauder was appointed as Class III Director at ESTEE LAUDER COMPANIES INC.

“Gary M. Lauder (“Mr. G. Lauder”), a son of Mr. L. Lauder and the brother of William P. Lauder, Executive Chairman (“Mr. W. Lauder”), has been nominated by the Board to stand for election as a Class III Director at the 2023 Annual Meeting, as Mr. L. Lauder’s designee under the Stockholders’ Agreement (as described below).”

Wei Sun Christianson departed as Class III Director at ESTEE LAUDER COMPANIES INC.

“Wei Sun Christianson (“Ms. Christianson”), who has been a member of the Board since 2011, notified The Estée Lauder Companies Inc. (the “Company”) of their decisions not to stand for re-election as Class III directors at the Company’s 2023 Annual Meeting of Stockholders on November 17, 2023 (the “2023 Annual Meeting”).”

Leonard A. Lauder departed as Class III Director at ESTEE LAUDER COMPANIES INC.

“On August 22, 2023, Leonard A. Lauder (“Mr. L. Lauder”), who has been a member of the Board of Directors (the “Board”) since 1958, and Wei Sun Christianson (“Ms. Christianson”), who has been a member of the Board since 2011, notified The Estée Lauder Companies Inc. (the “Company”) of their decisions not to stand for re-election as Class III directors at the Company’s 2023 Annual Meeting of Stockholders on November 17, 2023 (the “2023 Annual Meeting”).”

ESTEE LAUDER COMPANIES INC reported fiscal year ended June 30, 2023 results: revenue $15.91 billion, net income $1.01 billion, EPS $2.79. Guidance initiated.

“Net Sales Growth and Deliver Progressive Margin Recovery in Fiscal 2024 New York, August 18, 2023 - The Estée Lauder Companies Inc. (NYSE: EL) today reported net sales of $15.91 billion for its fiscal year ended June 30, 2023, a decrease of 10% from $17.74 billion in the prior year. Organic net sales fell 6%, primarily driven by Asia travel retail in Hainan and”

ESTEE LAUDER COMPANIES INC entered into Indenture with U.S. Bank Trust National Association valued at $700,000,000 aggregate principal amount of its 4.375% Senior Notes due 2028, $700,000,000 aggregate (effective 2023-05-12).

“On May 12, 2023, The Estée Lauder Companies Inc. (the “Company”) completed a public offering of $700,000,000 aggregate principal amount of its 4.375% Senior Notes due 2028 (the “2028 Notes”), $700,000,000 aggregate principal amount of its 4.650% Senior Notes due 2033 (the “2033 Notes”) and $600,000,000 aggregate principal amount of its 5.150% Senior Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes and the 2033 Notes, the “Notes”).”

ESTEE LAUDER COMPANIES INC reported fiscal quarter ended March 31, 2023 results: revenue $3.75 billion, net income $156 million, EPS $.43. Guidance lowered.

“in Asia Travel Retail Focused on Accelerating Balanced Growth Post-Pandemic New York, May 3, 2023 - The Estée Lauder Companies Inc. (NYSE: EL) today reported net sales of $3.75 billion for its third quarter ended March 31, 2023, a decline of 12% from $4.25 billion in the prior-year period, including the negative impact from foreign currency. Organic net sales”

ESTEE LAUDER COMPANIES INC reported fiscal 2023 second quarter results: revenue $4.62 billion, net income $0.39 billion, EPS $1.09. Guidance lowered.

“The Estée Lauder Companies Inc. (NYSE: EL) today reported net sales of $4.62 billion for its second quarter ended December 31, 2022, a decline of 17% from $5.54 billion in the prior-year period, including negative impacts from foreign currency. Organic net sales fell 11%. In the fiscal 2023 second quarter, the evolution of the COVID-19 environment, including restrictions in mainland China and the rising number of COVID cases (collectively “COVID-related impacts”), led to stronger headwinds as the quarter progressed. As a result, tourism and product shipments to Hainan remained largely curtailed and traffic in brick-and-mortar in the rest of China was limited. These challenges were partially offset by broad-based strong organic net sales growth across developed and emerging markets globally. Organic net sales benefited from continued double-digit growth in Fragrance as well as strong holiday offerings and performance during the 11.11 Global Shopping Festival. The Company reported net ea”

ESTEE LAUDER COMPANIES INC shareholders approved Advisory Vote on Executive Compensation at the 2022-11-18 meeting.

“Proposal Three: Advisory Vote on Executive Compensation. Stockholders approved a resolution approving, on an advisory basis, the compensation paid to the Company’s named executive officers. Votes For Votes Against Abstentions Broker Non-Votes 1,369,942,644 77,110,054 556,353 11,069,762”

ESTEE LAUDER COMPANIES INC shareholders approved Ratification of Appointment of Independent Auditors at the 2022-11-18 meeting.

“Proposal Two: Ratification of Appointment of Independent Auditors . Stockholders approved the ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent auditors for the fiscal year ending June 30, 2023. Votes For Votes Against Abstentions Broker Non-Votes 1,457,379,675 1,022,753 276,385 —”

ESTEE LAUDER COMPANIES INC shareholders approved Election of Directors at the 2022-11-18 meeting.

“Proposal One: Election of Directors. Stockholders elected each of the following nominees as director to hold office until the 2025 Annual Meeting (i.e. as a Class II Director) and until his or her successor is elected and qualified. Nominee Votes For Votes Withheld Broker Non-Votes Ronald S. Lauder 1,428,429,359 19,179,692 11,069,762 William P. Lauder 1,364,911,462 82,697,589 11,069,762 Richard D. Parsons 1,348,951,148 98,657,903 11,069,762 Lynn Forester de Rothschild 1,419,693,681 27,915,370 11,069,762 Jennifer Tejada 1,373,304,495 74,304,556 11,069,762 Richard F. Zannino 1,426,904,231 20,704,820 11,069,762”

ESTEE LAUDER COMPANIES INC reported fiscal quarter ended September 30, 2022 results: revenue $3.93 billion, net income $489 million, EPS $1.35. Guidance lowered.

“The Estée Lauder Companies Inc. (NYSE: EL) today reported net sales of $3.93 billion for its first quarter ended September 30, 2022, a decline of 11% from $4.39 billion in the prior-year period, including negative impacts from foreign currency. Organic net sales fell 5%, in line with the Company’s expectations, despite pressures which intensified as the quarter progressed. COVID-19 restrictions in China presented a greater challenge than expected. Tourism to Hainan was largely curtailed, which led to strict inventory management by certain retailers in travel retail, and traffic in brick-and-mortar in the rest of China was limited. These greater pressures were offset by several markets in Asia/Pacific, as well as many emerging and developed markets in the west, which delivered strong organic net sales growth. Organic net sales in both fragrance and hair care grew double digits. The Company reported net earnings of $489 million, compared with net earnings of $692 million in the prior-yea”

Rose Marie Bravo retired as Director at ESTEE LAUDER COMPANIES INC.

“On July 18, 2022, Rose Marie Bravo, a member of the Board of Directors (the “Board”) of The Estée Lauder Companies Inc. (the “Company”), notified the Company that she will retire from the Board, effective November 17, 2022.”

Angela Wei Dong was elected as Member of the Board at ESTEE LAUDER COMPANIES INC.

“elected Angela Wei Dong as (i) a member of the Board and (ii) a member of the Audit Committee, in each case effective as of July 11, 2022.”

Arturo Nuñez was elected as Director at ESTEE LAUDER COMPANIES INC.

“elected Arturo Nuñez as (i) a member of the Board and (ii) a member of the Audit Committee, in each case effective as of April 25, 2022.”

John Demsey departed as Executive Group President at ESTEE LAUDER COMPANIES INC.

“Mr. Demsey was informed he must leave the Company, and he will retire, effective March 4, 2022.”

John Demsey changed role as Executive Group President at ESTEE LAUDER COMPANIES INC.

“Effective February 22, 2022, John Demsey, who is Executive Group President of The Estée Lauder Companies Inc. (the “Company”) and a Named Executive Officer in the Company’s 2021 Proxy Statement, was placed on unpaid leave due to content posted on his Instagram handle.”

Cedric Prouvé departed as Group President, International at ESTEE LAUDER COMPANIES INC.

“On October 21, 2021, Cedric Prouvé, who is Group President, International, The Estée Lauder Companies Inc. (the “Company”), and is a Named Executive Officer in the Company’s 2021 Proxy Statement, notified the Company of his decision to retire, effective on or about June 30, 2022.”