Ronald S. Lauder Reports Significant Reduction in Estee Lauder (EL) Holdings Following Share Transfer

Ronald S. Lauder filed a Schedule 13G/A on April 24, 2026, disclosing a significant reduction in his beneficial ownership of Class A Common Stock in The Estee Lauder Companies Inc. (EL). As of the event date on April 8, 2026, the reporting person's beneficial ownership decreased to 79,699 shares, representing approximately 0.01% of the aggregate voting power. This change primarily resulted from the transfer of 4,768,846 shares of Class B Common Stock to the RSL Shares Trust u/a/d March 2, 2026, for no consideration. The remaining holdings include 6,364 shares of Class A and 6,364 shares of Class B stock held as sole trustee of The Descendants of Ronald S. Lauder 1966 Trust, and 66,971 shares of Class A stock held as Chairman of The Ronald S. Lauder Foundation. Lauder disclaims beneficial ownership of these indirectly held shares. He remains a party to a 1995 Stockholders' Agreement governing director elections and share transfer restrictions among Lauder family members.