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Fabrizio Freda, our President and Chief Executive Officer, and I work closely together to lead the Company. We constantly strive to take The Estée Lauder Companies to new heights by creating breakthrough technologies, the best possible personal service, greater operational efficiencies and enhanced value to consumers around the globe. Our Company has enjoyed a long and successful history ever since my grandmother, Mrs. Estée Lauder, launched the Company in 1946, armed with four cosmetics products and an amazing vision. Her entrepreneurial spirit, creativity and innate sense of what consumers want remain the hallmarks of our Company today. Mrs. Estée Lauder set the standard when she developed our Company’s mission, “Bringing the Best to Everyone We Touch.” Today, our products “touch” half a billion people around the world. We will raise that bar by “touching” millions of new consumers, in countries and cities our brands haven’t yet explored, with extraordinary products every year. As the leader in the global prestige beauty industry, we are committed to delivering sustainable, profitable growth for decades to come.
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Our senior management team is implementing the long-term strategy to guide the Company through fiscal 2013. The plan has numerous initiatives across brands, regions and functions that are designed to leverage our strengths, make us more cost efficient and fuel our sales. We are a growth company. Our mission is to keep expanding by moving our brands into new geographies and the best retail opportunities and developing must-have products. Wherever the future takes us, the consumer will be at the center of our thinking. We plan to invest greater resources in consumer insights, so we can continue creating products and services that will surprise and thrill consumers across the globe. “Imagine. Integrate. Innovate.” is the road we will take to realize our vision and reinforce our position as the worldwide leader in prestige beauty. Whatever we can imagine, we will achieve. As we further integrate and weave our knowledge, experience and resources throughout brands, regions and functions, we will become even more powerful. And as we innovate, we will remain in the forefront of the latest beauty breakthroughs. This is an exciting time for The Estée Lauder Companies as we evolve into a truly global organization that understands our diverse consumers’ aspirations, no matter who they are or where they live. Thank you for your interest in our Company, our brands and our products.
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From the Executive Office of The Estée Lauder Companies
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