Bulletin from the extraordinary general shareholders’ meetings in Oriflame Holding AG and Oriflame Cosmetics S.A.

The extraordinary general shareholders’ meetings of Oriflame Cosmetics S.A.,
Luxembourg (“OCSA”) and Oriflame Holding AG, Schaffhausen, Switzerland (“OHAG”)
held today on 25 September 2015 resolved to approve the merger agreement dated
18 August 2015 regarding the cross-border merger between OHAG (as acquiring
company), and OCSA.

The cross-border merger between OHAG and OCSA will be effectuated with a
consideration to all shareholders of OCSA, except of OHAG and OCSA, consisting
of one (1) share in OHAG per share in OCSA.

The merger is expected to be completed on or about 30 September 2015. For
further information regarding the merger, see www.oriflame.com.

Further information
For further information, please contact:
Gabriel Bennet, CFO, +41 798 263 713
Johanna Palm, Senior Director Investor Relations & Finance Projects, +46 765
422 672
Pontus Andreasson, Senior Director Advisory Counsel, +41 798 745 121

This press release was submitted for publication on 25 September 2015 at 12:45
(CET).

Brief description of Oriflame
Founded in 1967, Oriflame is a beauty company selling direct in more than 60
countries. Its wide portfolio of Swedish, nature-inspired, innovative beauty
products is marketed through approximately 3 million independent Oriflame
Consultants, generating annual sales of around € 1.3 billion. Respect for people
and nature underlies Oriflame’s operating principles and is reflected in its
social and environmental policies. Oriflame supports numerous charities
worldwide and is a Co-founder of the World Childhood Foundation. Oriflame is a
Swiss company group with corporate offices in Luxembourg and Switzerland.
Oriflame Holding AG is listed on the Nasdaq Stockholm Exchange.