0001001250-21-000127 Sample Contracts

Performance Share Unit Award Agreement Under The Estée Lauder Companies Inc. Amended and Restated Fiscal 2002 Share Incentive Plan (as of November 15, 2019) (the “Plan”)
Fiscal 2002 Share Incentive Plan • August 27th, 2021 • Estee Lauder Companies Inc • Perfumes, cosmetics & other toilet preparations • New York

This PERFORMANCE SHARE UNIT AWARD AGREEMENT (“Agreement”) provides for the granting of performance share unit awards by The Estée Lauder Companies Inc., a Delaware corporation (the “Company”), to the participant, an employee of the Company or one of its subsidiaries (the “Participant”), representing a notional account equal to a corresponding number of shares of the Company’s Class A Common Stock, par value $0.01 (the “Shares”), subject to the terms below (the “Performance Share Units”). The name of the “Participant,” the “Award Date,” the aggregate number of Shares representing the Target Award, and the Plan Achievement (as defined below) goals are stated in the “Notice of Grant” attached or posted electronically together with this Agreement and are incorporated by reference. The other terms of this Performance Share Unit Award are stated in this Agreement and in the Plan. Terms not defined in this Agreement are defined in the Plan, as amended. The Plan is referred to as the “Grant Pl

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Non-Annual Performance Share Unit Award Agreement Under The Estée Lauder Companies Inc. Amended and Restated Fiscal 2002 Share Incentive Plan (as of November 15, 2019) (the “Plan”)
Fiscal 2002 Share Incentive Plan • August 27th, 2021 • Estee Lauder Companies Inc • Perfumes, cosmetics & other toilet preparations • New York

This NON-ANNUAL PERFORMANCE SHARE UNIT AWARD AGREEMENT (“Agreement”) provides for the granting of performance share unit awards by The Estée Lauder Companies Inc., a Delaware corporation (the “Company”), to the participant, an employee of the Company or one of its subsidiaries (the “Participant”), representing a notional account equal to a corresponding number of shares of the Company’s Class A Common Stock, par value $0.01 (the “Shares”), subject to the terms below (the “Performance Share Units”). The name of the “Participant,” the “Grant Date,” the “Target Number of Shares,” the “Service Period,” the “PSU Performance Period” and the “PSU Award Achievement Goal” are stated in the “Notice of Grant” attached or posted electronically together with this Agreement and are incorporated by reference. The other terms of this Performance Share Unit Award are stated in this Agreement and in the Plan. Terms not defined in this Agreement are defined in the Plan, as amended.

Estee Lauder Inc. New York, NY 10153 Effective as of July 1, 2021
Estee Lauder Companies Inc • August 27th, 2021 • Perfumes, cosmetics & other toilet preparations

This letter, when signed by the respective parties, will constitute an amendment (“Third Amendment”) to the agreement dated April 6, 2011 (“Agreement”), as amended, between Estée Lauder, Inc. (“Estée Lauder”) and Aerin Lauder Zinterhofer. Capitalized terms used and not otherwise defined herein have the meanings assigned to such terms in the Agreement.

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