ESTEE LAUDER COMPANIES INC

The Estée Lauder Companies Inc. (NYSE: ELC) operates as one of the world's leading manufacturers, marketers and sellers of prestige beauty products. Founded in 1946, the company maintains its website at www.elcompanies.com and serves approximately 150 countries and territories globally.

The company's core business encompasses the development, manufacture and distribution of skin care, makeup, fragrance and hair care products across a diversified portfolio of over 20 luxury and prestige brands. Major brands include Estée Lauder, Clinique, M·A·C, La Mer, Jo Malone London, TOM FORD, Bobbi Brown, Origins, Aveda, Le Labo, Dr.Jart+, The Ordinary and Too Faced, among others. The company classifies its brand portfolio into Large Brands with net sales exceeding one billion dollars, Scaling Brands generating between four hundred million and one billion dollars, and Developing Brands with sales below four hundred million dollars.

Estée Lauder operates through four geographic regions: The Americas, Europe/UK/Ireland and Emerging Markets, Asia/Pacific, and Mainland China. The company employs approximately 55,000 people worldwide, including approximately 35,000 demonstrators at points of sale, with roughly 26 percent of employees located in the United States and 74 percent internationally. The company operates approximately 1,600 freestanding stores as of June 30, 2026, with most branded individually or as multi-branded outlet locations.

The company distributes products through multiple channels including brick-and-mortar department stores, duty-free retailers, specialty retailers, online pure players, perfumeries, pharmacies and salons, alongside its direct-to-consumer operations through freestanding stores and e-commerce platforms. The Lauder family maintains approximately 82 percent of outstanding voting power through Class A and Class B Common Stock holdings.

Research and development represents a core competitive advantage, with the company maintaining dedicated research facilities and employing approximately 1,000 research and development personnel. Manufacturing occurs primarily in Belgium, Canada, Japan, Switzerland, the United Kingdom and the United States, supplemented by global third-party manufacturing networks. The company maintains comprehensive trademark protections across principal markets worldwide and leverages patented and proprietary technologies across its product portfolio.