Estee Lauder : Laraine (Rainey) Mancini Joins The Estée Lauder Companies as Senior Vice President, Investor Relations

NEW YORK, NY - May 16, 2018 - The Estée Lauder Companies Inc. (NYSE:EL) announced today that Laraine (Rainey) Mancini has joined the Company as Senior Vice President, Investor Relations, effective May 14, 2018. Ms. Mancini will report directly to Tracey T. Travis, Executive Vice President and Chief Financial Officer. Ms. Mancini succeeds Dennis D'Andrea who will retire on July 2, 2018, after more than 20 years at the Company. Ms. Mancini and Mr. D'Andrea will partner closely for a few months to ensure a smooth transition.

Ms. Mancini will oversee the Company's day-to-day comprehensive, strategic investor relations program and serve as a spokesperson to the investment community on the Company's performance and corporate values. Her responsibilities will include broadening awareness of the Company among global institutional investors by leading the Company's dialogue with the global investment community while educating current and prospective investors as well as the analyst community about the Company's business strategies and performance.

'Laraine's deep expertise and diverse experience brings a fresh, innovative and modern approach to investor relations,' said Ms. Travis. 'I am confident that Laraine's impressive financial market and investment analysis capabilities combined with her extensive investor relations background and broad network of relationships will further strengthen our Investor Relations initiatives and deepen the financial community's view of our longstanding leadership in the industry.'

Ms. Mancini is a seasoned finance executive with more than 30 years of experience spanning the media, business and financial sectors. Most recently, from 2015-2017, Ms. Mancini served as Senior Vice President, Finance & Head of Investor Relations at Univision. In this role, she established and oversaw Univision's Investor Relations department, cultivated strong relationships with operating partners and the Wall Street investment community, and served as a strategic advisor to the CEO and CFO for investor meetings and financial earnings communications.

Previously, Ms. Mancini served as Vice President, Corporate Strategy & Business Development at Time Warner Cable, where she oversaw key competitive strategies, spearheaded the modeling and analysis of new commercial partnership agreements, and assessed the return on investment of various network investments. She initially served as Vice President, Investor Relations at Time Warner Cable, helping the company earn numerous industry awards for best media investor relations. Prior to working in investor relations, Ms. Mancini spent more than 10 years as a sell-side media analyst working at Merrill Lynch, Lehman Brothers and Donaldson, Lufkin & Jenrette, and several years working in corporate finance. Ms. Mancini holds a MBA from New York University's Leonard N. Stern School of Business and a B.A. in Economics from the University of Vermont.

About The Estée Lauder Companies Inc.

The Estée Lauder Companies Inc. is one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company's products are sold in over 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, M·A·C, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

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