<SEC-DOCUMENT>0001104659-20-043695.txt : 20200406
<SEC-HEADER>0001104659-20-043695.hdr.sgml : 20200406
<ACCEPTANCE-DATETIME>20200406161547
ACCESSION NUMBER:		0001104659-20-043695
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20200406
DATE AS OF CHANGE:		20200406

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ESTEE LAUDER COMPANIES INC
		CENTRAL INDEX KEY:			0001001250
		STANDARD INDUSTRIAL CLASSIFICATION:	PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
		IRS NUMBER:				112408943
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-48157
		FILM NUMBER:		20777150

	BUSINESS ADDRESS:	
		STREET 1:		767 FIFTH AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10153
		BUSINESS PHONE:		2125724200

	MAIL ADDRESS:	
		STREET 1:		767 FIFTH AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10153

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LAUDER JANE
		CENTRAL INDEX KEY:			0001008091
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	MAIL ADDRESS:	
		STREET 1:		767 FIFTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10153
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>a20-15103_1sc13da.htm
<DESCRIPTION>SC 13D/A
<TEXT>


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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">UNITED STATES <br> SECURITIES AND EXCHANGE COMMISSION <br> Washington, D.C. 20549</font></b></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SCHEDULE 13D</font></b></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Under the Securities Exchange Act of 1934 <br> (Amendment No.&nbsp;2)*</font></b></p>
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<p align="center" style="border:none;margin:0in 0in .0001pt;padding:0in;text-align:center;"><b><font size="4" face="Times New Roman" style="font-size:14.0pt;font-weight:bold;">THE EST&#201;E LAUDER COMPANIES INC.</font></b></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Name of Issuer)</font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CLASS&nbsp;A COMMON STOCK</font></p>
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<p align="center" style="border:none;margin:0in 0in .0001pt;padding:0in;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">PAR VALUE $.01 PER SHARE</font></p>
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<p align="center" style="border:none;margin:0in 0in .0001pt;padding:0in;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">518439 10 4</font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(CUSIP Number)</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<p align="center" style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;padding:0in;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Beth D. Tractenberg,&nbsp;Esq.&#160; <br> Steptoe&nbsp;&amp; Johnson LLP<br> 1114 Avenue of the Americas<br> 35</font><font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">th</font>&#160;Floor<br> New York, NY 10036</p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Name, Address and Telephone Number of Person<br> Authorized to Receive Notices and Communications)</font></p>
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<p align="center" style="border:none;margin:0in 0in .0001pt;padding:0in;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">November&nbsp;25, 2015</font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Date of Event which Requires Filing of this Statement)</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of &#167;&#167;240.13d-1(e), 240.13d-1(f)&nbsp;or 240.13d-1(g), check the following box. </font><font face="Wingdings">&#168;</font></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Note</font></b>: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See &#167;240.13d-7 for other parties to whom copies are to be sent.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">* The remainder of this cover page&nbsp;shall be filled out for a reporting person&#146;s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The information required on the remainder of this cover page&nbsp;shall not be deemed to be &#147;filed&#148; for the purpose of Section&nbsp;18 of the Securities Exchange Act of 1934 (&#147;Act&#148;) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).</font></p>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CUSIP No.&nbsp;518439 10 4</font></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13D</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">NAMES   OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES   ONLY)</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Jane   A. Lauder</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CHECK   THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br>   (see instructions)<br>   (a)&nbsp;&nbsp;&nbsp;&nbsp;</font><font face="Wingdings">&#168;</font><br>   (b)&nbsp;&nbsp;&nbsp;&nbsp;<font face="Wingdings">x</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SEC   USE ONLY<br>   &nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SOURCE   OF FUNDS (see instructions)<br>   &nbsp;<br>   Not applicable</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CHECK   BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS   2(d)&nbsp;or 2(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face="Wingdings">&#168;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CITIZENSHIP   OR PLACE OF ORGANIZATION<br>   &nbsp;<br>   New York</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
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<td width="14%" style="padding:0in 0in 0in 0in;width:14.0%;"></td>
<td width="3%" style="padding:0in 0in 0in 0in;width:3.0%;"></td>
<td width="2%" style="padding:0in 0in 0in 0in;width:2.0%;"></td>
<td width="3%" style="padding:0in 0in 0in 0in;width:3.0%;"></td>
<td width="78%" style="padding:0in 0in 0in 0in;width:78.0%;"></td>   </tr>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7.</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SOLE   VOTING POWER<br>   &nbsp;<br>   17,636,689</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td valign="top" style="border:none;border-bottom:solid black 1.0pt;padding:0in 0in 0in 0in;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SHARED   VOTING POWER<br>   &nbsp;<br>   4,910,594</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td valign="top" style="border:none;border-bottom:solid black 1.0pt;padding:0in 0in 0in 0in;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9.</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SOLE   DISPOSITIVE POWER<br>   &nbsp;<br>   17,636,689</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td valign="top" style="border:none;border-bottom:solid black 1.0pt;padding:0in 0in 0in 0in;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SHARED   DISPOSITIVE POWER<br>   &nbsp;<br>   4,910,594</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
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<tr>
<td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.0%;"></td>
<td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.0%;"></td>
<td width="87%" valign="bottom" style="padding:0in 0in 0in 0in;width:87.0%;"></td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;"></td>
<td width="6%" valign="bottom" style="padding:0in 0in 0in 0in;width:6.0%;"></td>   </tr>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11.</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">AGGREGATE   AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">22,547,283</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p align="right" style="margin:2.0pt 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12.</font></p>    </td>
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<p style="margin:2.0pt 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="font-size:10.0pt;margin:2.0pt 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CHECK   BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES<br>   (see instructions)&nbsp;&nbsp;&nbsp;&nbsp;</font><font face="Wingdings">&#168;</font></p>    </td>
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<p style="margin:2.0pt 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:2.0pt 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13.</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">PERCENT   OF CLASS&nbsp;REPRESENTED BY AMOUNT IN ROW (11) <br>   9.2%</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14.</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">TYPE   OF REPORTING PERSON (see instructions)</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">IN</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CUSIP No.&nbsp;518439 10 4</font></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13D</font></p>    </td>
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<p align="right" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Page&nbsp;3 of </font>&nbsp;&nbsp; Pages</p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This Statement on Schedule&nbsp;13D is the second amendment (&#147;Amendment No.&nbsp;2&#148;) to an initial statement on Schedule&nbsp;13D previously filed with the Securities and Exchange Commission on June&nbsp;3, 2010, (the &#147;Schedule&nbsp;13D&#148;), as amended on November&nbsp;13, 2013. This Amendment No.&nbsp;2 is filed by the Reporting Person in accordance with Rule&nbsp;13d-2 of the Securities Exchange Act of 1934, as amended, and refers only to information which has materially changed since the filing of the Schedule&nbsp;13D. The items identified below, or the particular paragraphs of such items which are identified below, are amended as set forth below. Unless otherwise indicated, all capitalized terms used and not defined herein have the respective meanings assigned to them in the Schedule&nbsp;13D.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant to an amendment to the JL Revocable Trust, the Reporting Person, as trustee of the JL Revocable Trust, currently exercises sole power to vote or otherwise administer any stock in the Issuer held by the JL Revocable Trust. The purpose of this Amendment No.&nbsp;2 is to update Item 5 to attribute sole beneficial ownership of the shares held by the JL Revocable Trust to the Reporting Person, as trustee.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 5.&nbsp;&nbsp;Interest in Securities of the Issuer.</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)&nbsp;The responses of the Reporting Person to Row (11) through (13) of the cover pages&nbsp;of this Amendment No.&nbsp;2 are incorporated herein by reference.&#160; As of April&nbsp;6, 2020, the Reporting Person beneficially owned 22,547,283&#160; shares of Class&nbsp;A Common Stock as follows: 47,334 shares of Class&nbsp;A Common Stock held directly by her; 153,335 shares of Class&nbsp;A Common Stock underlying exercisable options held directly by her; 275,000 shares of Class&nbsp;A Common Stock via her direct holding of the same number of shares of Class&nbsp;B Common Stock; 17,161,020 shares of Class&nbsp;A Common Stock via her indirect holding of the same number of shares of Class&nbsp;B Common Stock as trustee of the JL Revocable Trust; 4,910,594&#160; shares of Class&nbsp;A Common Stock via her indirect holding of the same number of Class&nbsp;B Common Stock as a co-trustee of the 2008 Descendants Trust.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:20.25pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Each share of Class&nbsp;B Common Stock is convertible at the option of the holder into one share of Class&nbsp;A Common Stock and is automatically converted into one share of Class&nbsp;A Common Stock upon transfer to a person who is not a Permitted Transferee, as that term is defined in the Issuer&#146;s Certificate of Incorporation.&#160; Assuming conversion of all such shares of Class&nbsp;B Common Stock beneficially owned by the Reporting Person, the Reporting Person would beneficially own 22,547,283 shares of Class&nbsp;A Common Stock, which would constitute 9.2% of the number of shares of Class&nbsp;A Common Stock outstanding (based on the number of shares of Class&nbsp;A Common Stock outstanding as of January&nbsp;30, 2020, as reported in the Issuer&#146;s Quarterly Report on Form&nbsp;10-Q for the quarterly period ended December&nbsp;31, 2019).</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:20.25pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Each share of Class&nbsp;A Common Stock entitles the holder to one vote on each matter submitted to a vote of the Issuer&#146;s stockholders, and each share of Class&nbsp;B Common Stock entitles the holder to ten votes on each such matter, including the election of directors of the Issuer. Assuming no conversion of any of the outstanding shares of Class&nbsp;B Common Stock, the 200,669 shares of Class&nbsp;A Common Stock and the 22,346,614 shares of Class&nbsp;B Common Stock beneficially owned by the Reporting Person (including as trustee of the JL Revocable Trust) constitute 14.0% of the aggregate voting power of the Issuer (based on the number of shares of Class&nbsp;A Common Stock outstanding as of January&nbsp;30, 2020, as reported in the Issuer&#146;s Quarterly Report on Form&nbsp;10-Q for the quarterly period ended December&nbsp;31, 2019).</font></p>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CUSIP No.&nbsp;518439 10 4</font></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13D</font></p>    </td>
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<p align="right" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Page 4 of </font>&nbsp;&nbsp; Pages</p>    </td>   </tr>  </table>
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<p style="margin:0in 0in .0001pt;text-indent:.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)&nbsp;The responses of the Reporting Person to (i)&nbsp;Rows (7)&nbsp;through (10)&nbsp;of the cover pages&nbsp;of this Statement and (ii)&nbsp;Item 5(a)&nbsp;hereof are incorporated herein by reference.&#160; The Reporting Person has sole voting and dispositive power with respect to the following: 47,334 shares of Class&nbsp;A Common Stock held directly by her; 153,335 shares of Class&nbsp;A Common Stock underlying exercisable options held directly by her; 275,000 shares of Class&nbsp;A Common Stock via her direct holding of the same number of shares of Class&nbsp;B Common Stock; 17,161,020 shares of Class&nbsp;A Common Stock via her indirect holding of the same number of shares of Class&nbsp;B Common Stock as trustee of the JL Revocable Trust.&#160; The Reporting Person, as a co-trustee of the 2008 Descendants Trust, has shared voting and dispositive power with respect to the 4,910,594 shares of Class&nbsp;B Common Stock owned by the 2008 Descendants Trust.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)&nbsp;The Reporting Person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, 47,334 shares of Class&nbsp;A Common Stock held directly by her; 153,335 shares of Class&nbsp;A Common Stock underlying exercisable options held directly by her; 275,000 shares of Class&nbsp;A Common Stock via her direct holding of the same number of shares of Class&nbsp;B Common Stock; 17,161,020 shares of Class&nbsp;A Common Stock via her indirect holding of the same number of shares of Class&nbsp;B Common Stock as trustee of the JL Revocable Trust.&#160; The Reporting Person, as a co-trustee of the 2008 Descendants Trust, has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the 4,910,594 shares of Class&nbsp;B Common Stock owned by the 2008 Descendants Trust.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 6.&nbsp;&nbsp;Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Reporting Person is a party, as trustee of the 2008 Descendants Trust, to a stockholders&#146; agreement (the &#147;Stockholder&#146; Agreement&#148;), dated November&nbsp;22, 1995, as amended, among the parties listed on Exhibit&nbsp;8 attached hereto. Effective as of April&nbsp;6, 2020, the Reporting Person became party to the Stockholders&#146; Agreement as trustee of the JL Revocable Trust.&#160; The stockholders who are parties to the Stockholders&#146; Agreement have agreed to vote in favor of the election of Leonard A. Lauder (or one of his sons) and Ronald S. Lauder (or one of his daughters) and one designee of each as directors of the Issuer.&#160; The Stockholders&#146; Agreement also contains certain limitations on the transfer of shares of Class&nbsp;A Common Stock.&#160; Each stockholder who is a party to the Stockholders&#146; Agreement has agreed to grant to the other parties a right of first offer to purchase shares of Class&nbsp;A Common Stock of the stockholder in the event the stockholder intends to sell to a person (or group of persons) who is not a Lauder Family Member, as defined therein, except in certain circumstances, such as sales in a widely distributed underwritten public offering or sales made in compliance with Rule&nbsp;144.</font></p>
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<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 7.&nbsp;&nbsp;Material to Be Filed as Exhibits.</font></b></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;1:</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stockholders&#146;   Agreement, dated November&nbsp;22, 1995 (filed as Exhibit&nbsp;10.1 to the   Issuer&#146;s Annual Report on Form&nbsp;10-K for the fiscal year ended   June&nbsp;30, 2003).**</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;2:</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Amendment No.&nbsp;1 to   Stockholders&#146; Agreement (filed as Exhibit&nbsp;10.1 to the Issuer&#146;s Quarterly   Report on Form&nbsp;10-Q for the quarter ended September&nbsp;30, 1996).**</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;3:</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Amendment No.&nbsp;2 to   Stockholders&#146; Agreement (filed as Exhibit&nbsp;10.2 to the Issuer&#146;s Quarterly   Report on Form&nbsp;10-Q for the quarter ended December&nbsp;31, 1996).**</font></p>    </td>   </tr>
<tr height="22" style="height:16.25pt;">
<td width="13%" height="22" valign="top" style="border:solid black 1.0pt;border-top:none;height:16.25pt;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:13.32%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;4:</font></p>    </td>
<td width="86%" height="22" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;height:16.25pt;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:86.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Amendment No.&nbsp;3 to   Stockholders&#146; Agreement (filed as Exhibit&nbsp;10.2 to the Issuer&#146;s Quarterly   Report on Form&nbsp;10-Q for the quarter ended March&nbsp;31, 1997 (the &#147;FY   1997 Q3 10-Q&#148;)).**</font></p>    </td>   </tr>
<tr>
<td width="13%" valign="top" style="border:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:13.32%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;5:</font></p>    </td>
<td width="86%" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:86.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Amendment No.&nbsp;4 to   Stockholders&#146; Agreement (filed as Exhibit&nbsp;10.1d to the Issuer&#146;s Annual   Report on Form&nbsp;10-K for the fiscal year ended June&nbsp;30, 2000).**</font></p>    </td>   </tr>
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<td width="13%" valign="top" style="border:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:13.32%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;6:</font></p>    </td>
<td width="86%" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:86.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Amendment No.&nbsp;5 to   Stockholders&#146; Agreement (filed as Exhibit&nbsp;10.1e to the Issuer&#146;s Annual   Report on Form&nbsp;10-K for the fiscal year ended June&nbsp;30, 2002).**</font></p>    </td>   </tr>
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<td width="13%" valign="top" style="border:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:13.32%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;7:</font></p>    </td>
<td width="86%" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:86.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Amendment No.&nbsp;6 to   Stockholders&#146; Agreement (filed as Exhibit&nbsp;10.2 to the Issuer&#146;s Quarterly   Report on Form&nbsp;10-Q for the quarter ended December&nbsp;31, 2004).**</font></p>    </td>   </tr>
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<td width="13%" valign="top" style="border:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:13.32%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;8:</font></p>    </td>
<td width="86%" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:86.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">List of parties to   Stockholders&#146; Agreement. *</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;9:</font></p>    </td>
<td width="86%" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:86.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Registration Rights Agreement,   dated November&nbsp;22, 1995 (filed as Exhibit&nbsp;10.2 to the Issuer&#146;s   Annual Report on Form&nbsp;10-K for the fiscal year ended June&nbsp;30,   2003).**</font></p>    </td>   </tr>
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<td width="13%" valign="top" style="border:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:13.32%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;10:</font></p>    </td>
<td width="86%" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:86.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">First Amendment to   Registration Rights Agreement (filed as Exhibit&nbsp;10.3 to the Issuer&#146;s   Annual Report on Form&nbsp;10-K for the fiscal year ended June&nbsp;30,   1996).**</font></p>    </td>   </tr>
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<td width="13%" valign="top" style="border:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:13.32%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;11:</font></p>    </td>
<td width="86%" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:86.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Second Amendment to   Registration Rights Agreement (filed as Exhibit&nbsp;10.1 to the FY 1997 Q3   10-Q).**</font></p>    </td>   </tr>
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<td width="13%" valign="top" style="border:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:13.32%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;12:</font></p>    </td>
<td width="86%" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:86.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Third Amendment to   Registration Rights Agreement (filed as Exhibit&nbsp;10.2c to the Issuer&#146;s   Annual Report on Form&nbsp;10-K for the fiscal year ended June&nbsp;30,   2001).**</font></p>    </td>   </tr>
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<td width="13%" valign="top" style="border:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:13.32%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;13:</font></p>    </td>
<td width="86%" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:86.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Fourth Amendment to   Registration Rights Agreement (filed as Exhibit&nbsp;10.2 to the Issuer&#146;s   Quarterly Report on Form&nbsp;10-Q for the quarter ended December&nbsp;31,   2003).**</font></p>    </td>   </tr>
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<td width="13%" valign="top" style="border:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:13.32%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit&nbsp;14:</font></p>    </td>
<td width="86%" valign="top" style="border-bottom:solid black 1.0pt;border-left:none;border-right:solid black 1.0pt;border-top:none;padding:4.0pt 4.0pt 4.0pt 4.0pt;width:86.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Amendment No.&nbsp;7 to   Stockholders&#146; Agreement (filed as Exhibit&nbsp;10.7 to the Issuer&#146;s Quarterly   Report on Form&nbsp;10-Q for the quarter ended September&nbsp;30, 2009).**</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">* Filed herewith</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">** Incorporated by reference</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CUSIP No.&nbsp;518439 10 4</font></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13D</font></p>    </td>
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<p align="right" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Page&nbsp;5 of </font>&nbsp;&nbsp; Pages</p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SIGNATURE</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.25in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">A</font>fter reasonable inquiry and to the best of my knowledge and belief,&nbsp;I certify that the information set forth in this statement is true, complete and correct.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Jane A. Lauder</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Jane A. Lauder</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date: April&nbsp;6, 2020</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit 8<a name="Exhibit8_124505"></a></font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">INTERNAL</font></p>
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;font-weight:bold;">&nbsp;</font></i></b></p>
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><i><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;font-weight:bold;">EXHIBIT&nbsp;A</font></u></i></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">List of Parties to the Stockholders&#146; Agreement (as of April&nbsp;6, 2020)</font></u></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Leonard A. Lauder, (a)&nbsp;individually and (b)&nbsp;as Trustee of The Leonard A. Lauder 2013 Revocable Trust</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Ronald S. Lauder, (a)&nbsp;individually and (b)&nbsp;as Trustee of The Descendants of Ronald S. Lauder 1966 Trust</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">William P. Lauder, (a)&nbsp;individually, (b)&nbsp;as Trustee of the 1992 GRAT Remainder Trust f/b/o William Lauder and (c)&nbsp;as Trustee of the 1992 GRAT Remainder Trust f/b/o Gary Lauder</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Gary M. Lauder, (a)&nbsp;individually, (b)&nbsp;as Trustee of the 1992 GRAT Remainder Trust f/b/o William Lauder, (c)&nbsp;as Trustee of the 1992 GRAT Remainder Trust f/b/o Gary Lauder, (d)&nbsp;as custodian under the New York Uniform Transfers to Minors Act for the benefit of Danielle Lauder, and (e)&nbsp;as custodian under the New York Uniform Transfers to Minors Act for the benefit of Rachel Lauder</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">LAL Family Partners L.P.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Carol S. Boulanger, (a)&nbsp;as Trustee of the 1992 GRAT Remainder Trust f/b/o William Lauder and (b)&nbsp;as Trustee of the 1992 GRAT Remainder Trust f/b/o Gary Lauder</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Richard D. Parsons, (a)&nbsp;as Trustee of the Aerin Lauder Zinterhofer 2000 Revocable Trust u/a/d April&nbsp;24, 2000, Aerin Lauder Zinterhofer, as Grantor, and (b)&nbsp;as Trustee of the Jane A. Lauder 2003 Revocable Trust u/a/d November&nbsp;6, 2003, Jane A. Lauder, as Grantor</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Est&#233;e Lauder Companies Inc.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Ronald S. Lauder Foundation</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Aerin Lauder Zinterhofer, as (a)&nbsp;Trustee of the Aerin Lauder Zinterhofer 2008 Grantor Retained Annuity Trust and (b)&nbsp;as Trustee of the Trust Under Article&nbsp;2 of The Zinterhofer 2008 Descendants Trust Agreement</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Jane Lauder, as (a)&nbsp;Trustee of the Trust Under Article&nbsp;2 of The Zinterhofer 2008 Descendants Trust Agreement and (b)&nbsp;as Trustee of the Jane A. Lauder 2003 Revocable Trust u/a/d November&nbsp;6, 2003, Jane A. Lauder, as Grantor</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Joel S. Ehrenkranz, as Trustee of The Leonard A. Lauder 2013 Revocable Trust</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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