A HUMAN-DRIVEN COMPANY OUR WORKPLACES: SOCIAL WORKING LA PLACE ENVIRONMENTS SUPPORT In 2016, after a year of consultation and design, our NEW WAYS OF WORKING team in New York opened a new workplace model designed to encourage collaboration, and explore Our physical workspaces are increasingly ways in which people in different areas of the business a driver of transformation, inspiration, and could connect, collaborate, and share ideas while collaboration. Understanding that the physical increasing visibility and interaction with senior design of our workplaces plays a critical role leadership. The new open space for gathering and in the performance and well-being of our interaction has enabled multiple forms of assembly employees and in our overall organizational as well as events that inspire our employees. The culture, we are investing in workspace “La Place” model is being replicated in other offices, transformation programs across CHANEL. including the new London management offices. New styles and/or expanded workspaces designed in close consultation with CHANEL employees encourage people in different areas of the business to connect, socialize, collaborate, and share ideas. ENSURING INCLUSION GENDER EQUALITY — AND EQUALITY A FIRST STEP WITH EDGE Fostering a culture of inclusion and diversity where individuals have the freedom to be To further enhance our inclusion and diversity themselves and equal opportunity to measures, in 2016–2017 we took an important contribute and achieve is of essential value. step in focusing on gender equality. As a We are committed to equal treatment in our company employing a majority of women and organization and to continually enhancing as a brand primarily for women, we believe it our policies and practices that ensure safe is essential that we ensure that the principles environments free of discrimination and of gender equality and women’s empowerment harassment, as well as equality of treatment are embedded in our organization. and access to opportunities and promotions. We are improving in this area by incorporating We therefore engaged EDGE, the leading inclusion and diversity in our HR talent global assessment methodology and processes, establishing management certification standard for gender equality, to priorities, and conducting regular compliance provide an initial assessment and guidance committee reviews — all at global, regional, on the gender balance across our organization and market levels. and to advise on the steps, which we are now taking, that will help to ensure gender equality in our pipeline development, pay practices, and fair-employment policies. Enhancing inclusion and diversity is also an ongoing opportunity for CHANEL. We will continue to focus on new programs to demonstrate our appreciation for all aspects of diversity, including diversity of thought, and to further promote a more inclusive and diverse culture.