Interim Management Statement 1 January – 31 March 2019

Important information concerning IFRS · Oriflame has implemented IFRS 15 Revenue from Contracts with Customers from 1st January 2018. Early adoption of IFRS 16 Leases has been carried out to allow all changes to be implemented at the same time. · Unless otherwise stated, comparisons and comments on the numbers are now prepared according to the implemented IFRS 15 and IFRS 16. Three months ended 31 March 2019 · Local currency sales decreased by 6% and Euro sales decreased by 7% to €309.2m (€330.8m), of which 2 percentage points are related to a one-off IFRS effect. ·