Estée Lauder Companies Inc.

Estee Lauder Companies Inc. is one of the world's leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products. Founded in 1946 by Estée and Joseph Lauder, the company manages over 20 luxury and prestige brands globally. Since the initial launch of the Estée Lauder brand in the United States, its consumer reach has expanded to approximately 150 countries and territories. The company operates primarily as a wholesaler, distributing products through brick-and-mortar locations and various e-commerce platforms. These include department stores, duty-free retailers, specialty-multi retailers, online pure players, upscale perfumeries and pharmacies, and top-tier salons and spas. Additionally, Estee Lauder Companies Inc. maintains a direct-to-consumer business through freestanding stores, its brands' websites, and third-party online platforms. In February 2025, the company initiated "Beauty Reimagined," a strategic vision focused on accelerating consumer coverage, creating transformative innovation, boosting consumer-facing investments, fueling sustainable growth through efficiencies, and reimagining work processes. As part of this, the "One ELC" operating model was created, built on three elements: One Team, One Culture, and One Operating Ecosystem. The Lauder family has controlled the company since its founding, with members beneficially owning, directly or indirectly, as of August 12, 2026, shares of Class A Common Stock and Class B Common Stock representing approximately 82% of the outstanding voting power.