Eric Louis Zinterhofer Added to Estée Lauder Schedule 13D/A Following Co-Trustee Appointment

Background & Event Overview

On September 18, 2026, an Amendment No. 1 to Schedule 13D was filed with the SEC on behalf of the Trust Under Article 2 of The Zinterhofer 2008 Descendants Trust Agreement and Eric Louis Zinterhofer ("ELZ").

The amendment was triggered by the appointment of ELZ on September 16, 2026, as co-trustee of the 2008 Descendants Trust alongside Aerin Lauder Zinterhofer (with Jane Lauder having ceased to serve as trustee). In connection with this appointment, ELZ became a party to the Stockholders' Agreement dated November 22, 1995, as amended, and was added as a reporting person.

Beneficial Ownership Breakdown

• The 2008 Descendants Trust:
  • Beneficially owns 4,910,594 shares of Class B Common Stock, convertible on a 1-to-1 basis into Class A Common Stock.
  • Represents 1.9% of Class A Common Stock outstanding (assuming full conversion) and 3.5% of the aggregate voting power of the company.
• Eric Louis Zinterhofer:
  • Beneficially owns 4,913,374 shares of Class A Common Stock (1.9% of class, ~3.5% total voting power).
  • Comprises:
    1. 4,910,594 shares of Class B Common Stock held by the trust, over which he shares voting and dispositive power as co-trustee.
    2. 2,780 shares of Class A Common Stock underlying director stock options exercisable within 60 days of September 16, 2026.

Market & Trading Significance

• Significance: Low.
• This filing reflects an internal trust governance and administrative update (addition of a co-trustee) rather than an open-market acquisition or divestiture.
• No shares of Class A Common Stock were purchased or sold in the market over the preceding 60 days.