ESTEE LAUDER COMPANIES INC — Director's Dealing 2025

Feb 25, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESTEE LAUDER COMPANIES INC (EL)
CIK: 0001001250
Period of Report: 2025-02-24

Reporting Person: de la Faverie Stephane (President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-24	Restricted Stock Units (Share Payout)	$	A	17361	Acquired	2028-02-24	Class A Common Stock (17361)	Direct
2025-02-24	Option (Right to Buy)	$75.10	A	23035	Acquired	2035-02-24	Class A Common Stock (23035)	Direct

Footnotes

F1: RSUs vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. RSUs generally vest in three approximately equal installments unless otherwise indicated. Upon payout, shares are withheld to cover statutory tax obligations. RSUs are accompanied by dividend equivalent rights payable in cash at the time of the payout of the related shares.

F2: Not applicable.

F3: Non-annual RSUs granted February 24, 2025. Assuming continued employment, these RSUs will vest and be paid out as follows: 5,787 on February 27, 2026; 5,787 on February 26, 2027; and 5,787 on February 24, 2028.

F4: Stock options granted pursuant to The Estee Lauder Companies Inc. Amended and Restated Fiscal 2002 Share Incentive Plan in respect of: 7,678 shares exercisable from and after February 27, 2026; 7,678 shares exercisable from and after February 26, 2027; and 7,679 shares exercisable from and after February 24, 2028.