<SEC-DOCUMENT>0001104659-21-020659.txt : 20210211
<SEC-HEADER>0001104659-21-020659.hdr.sgml : 20210211
<ACCEPTANCE-DATETIME>20210211160128
ACCESSION NUMBER:		0001104659-21-020659
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20210211
DATE AS OF CHANGE:		20210211

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 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-48157
		FILM NUMBER:		21619498

	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 William P
		CENTRAL INDEX KEY:			0001008082
		STATE OF INCORPORATION:			XX
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SC 13G/A

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LAUDER WILLILAM P
		DATE OF NAME CHANGE:	19960215
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>tm215614d2_sc13ga.htm
<DESCRIPTION>SC 13G/A
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <TD STYLE="width: 23%">&nbsp;</TD>
    <TD STYLE="width: 54%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>UNITED STATES</B></FONT></TD>
    <TD STYLE="width: 23%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>SECURITIES AND EXCHANGE COMMISSION</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center"><B>Washington, D.C. 20549</B></TD>
    <TD>&nbsp;</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SCHEDULE 13G</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Under the Securities Exchange Act of
1934<BR>
(Amendment No.&nbsp;25)*</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid"><B>The
Est&eacute;e Lauder Companies Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name of Issuer)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid"><B>Class&nbsp;A
Common Stock, par value $0.01 per share</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Title of Class&nbsp;of Securities)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid"><B>518439
10 4</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(CUSIP Number)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid"><B>December&nbsp;31,
2020</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Date of Event Which Requires Filing of
this Statement)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box to designate the rule&nbsp;pursuant
to which this Schedule is filed:</P>

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<TR>
    <TD STYLE="padding-top: 3pt; width: 9%; font-size: 10pt; text-align: center; padding-bottom: 3pt"><FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD>
    <TD STYLE="padding-top: 3pt; width: 91%; font-size: 10pt; padding-bottom: 3pt">Rule&nbsp;13d-1(b)</TD></TR>
<TR>
    <TD STYLE="padding-top: 3pt; font-size: 10pt; text-align: center; padding-bottom: 3pt"><FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD>
    <TD STYLE="padding-top: 3pt; font-size: 10pt; padding-bottom: 3pt">Rule&nbsp;13d-1(c)</TD></TR>
<TR>
    <TD STYLE="padding-top: 3pt; font-size: 10pt; text-align: center; padding-bottom: 3pt"><FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#120;</FONT></FONT></TD>
    <TD STYLE="padding-top: 3pt; font-size: 10pt; padding-bottom: 3pt">Rule&nbsp;13d-1(d)</TD></TR>
</TABLE>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">*The remainder of this cover page&nbsp;shall be filled out
for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided in a prior cover page.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The information required in the remainder of this cover page&nbsp;shall
not be deemed to be &quot;filed&quot; for the purpose of Section&nbsp;18 of the Securities Exchange Act of 1934 (&quot;Act&quot;)
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).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
<TD COLSPAN="6" STYLE="border-bottom: black 1pt solid; padding-top: 3.25pt; padding-bottom: 3.5pt; font-size: 10pt">CUSIP No.&nbsp;518439 10 4</TD>
<TD STYLE="border-bottom: black 1pt solid; padding-top: 3.25pt; padding-bottom: 3.5pt; font-size: 10pt; text-align: center"><B>SCHEDULE 13G</B></TD>
<TD STYLE="border-bottom: black 1pt solid; padding-top: 3.25pt; padding-bottom: 3.5pt">&nbsp;</TD></TR>
<TR>
<TD COLSPAN="8" STYLE="padding-top: 2.2pt">&nbsp;</TD></TR>
<TR>
<TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
<TD STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">1</TD>
<TD COLSPAN="6" STYLE="border-bottom: black 1pt solid; padding-top: 3.25pt; padding-bottom: 3.5pt; font-size: 10pt">Names of Reporting Persons:<BR> William P. Lauder</TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="8" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
<TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
<TD STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">2</TD>
<TD COLSPAN="6" STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">Check the Appropriate Box if a Member of a Group * (See Instructions)</TD></TR>
<TR>
<TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
<TD STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
<TD COLSPAN="2" STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">(a)</TD>
<TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding-top: 3.25pt; padding-bottom: 3.5pt; font-size: 10pt"><FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
<TD STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
<TD COLSPAN="2" STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">(b)</TD>
<TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding-top: 3.25pt; padding-bottom: 3.5pt; font-size: 10pt"><FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#120;</FONT></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="8" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
<TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
<TD STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">3</TD>
<TD COLSPAN="6" STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding-top: 3.25pt; padding-bottom: 3.5pt; font-size: 10pt">SEC Use Only</TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="8" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
<TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
<TD STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">4</TD>
<TD COLSPAN="6" STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding-top: 3.25pt; padding-bottom: 3.5pt; font-size: 10pt">Citizenship or Place of Organization <BR> United States of America</TD></TR>
<TR>
<TD COLSPAN="3" STYLE="padding-top: 2pt">&nbsp;</TD>
<TD COLSPAN="2" STYLE="padding-top: 2pt">&nbsp;</TD>
<TD COLSPAN="3" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
<TD COLSPAN="3" ROWSPAN="7" STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">Number of<BR> Shares<BR> Beneficially<BR> Owned by<BR> Each<BR> Reporting<BR> Person With</TD>
<TD COLSPAN="2" STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">5</TD>
<TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding-top: 3.25pt; padding-bottom: 3.5pt">Sole Voting Power<BR> 8,568,390<BR>
 (see Item 4)</TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="5" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
<TD COLSPAN="2" STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">6</TD>
<TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding-top: 3.25pt; padding-bottom: 3.5pt">Shared Voting Power<BR> 0 <BR>
(see Item 4)</TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="5" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
<TD COLSPAN="2" STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">7</TD>
<TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding-top: 3.25pt; padding-bottom: 3.5pt">Sole Dispositive Power<BR> 8,568,390<BR>
 (see Item 4)</TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="5" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
<TD COLSPAN="2" STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">8</TD>
<TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding-top: 3.25pt; padding-bottom: 3.5pt">Shared Dispositive Power<BR> 0<BR>
 (see Item 4)</TD></TR>
<TR>
<TD COLSPAN="8" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
<TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
<TD STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">9</TD>
<TD COLSPAN="6" STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding-top: 3.25pt; padding-bottom: 3.5pt">Aggregate Amount Beneficially Owned by Each Reporting Person<BR> 8,568,390<BR>
 (see Item 4)</TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="8" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
<TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
<TD STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">10</TD>
<TD COLSPAN="6" STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding-top: 3.25pt; padding-bottom: 3.5pt; font-size: 10pt">Check Box if the Aggregate Amount in Row (9)&nbsp;Excludes Certain Shares (See Instructions) <FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="8" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
<TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
<TD STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">11</TD>
<TD COLSPAN="6" STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding-top: 3.25pt; padding-bottom: 3.5pt">Percent of Class&nbsp;Represented by Amount in Row 9<BR> 3.6%<BR>
 (see Item 4)</TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="8" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
<TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
<TD STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">12</TD>
<TD COLSPAN="6" STYLE="border-bottom: black 1pt solid; vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.5pt; font-size: 10pt">Type of Reporting Person (See Instructions)<BR> IN</TD></TR>
<TR>
<TD STYLE="width: 2%">&nbsp;</TD>
<TD STYLE="width: 4%">&nbsp;</TD>
<TD STYLE="width: 5%">&nbsp;</TD>
<TD STYLE="width: 1%">&nbsp;</TD>
<TD STYLE="width: 5%">&nbsp;</TD>
<TD STYLE="width: 17%">&nbsp;</TD>
<TD STYLE="width: 35%">&nbsp;</TD>
<TD STYLE="width: 31%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="vertical-align: top; width: 10%; padding-bottom: 3pt; font-size: 10pt"><B>Item 1(a).</B></TD>
<TD STYLE="border-bottom: black 1pt solid; width: 90%; padding-bottom: 3pt; font-size: 10pt">Name of Issuer:<BR> The Est&eacute;e Lauder Companies Inc. (the &ldquo;Issuer&rdquo;)</TD></TR>
<TR>
<TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD>
<TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR>
<TD STYLE="vertical-align: top; padding-bottom: 3pt; font-size: 10pt"><B>Item 1(b).</B></TD>
<TD STYLE="border-bottom: black 1pt solid; padding-bottom: 3pt">Address of Issuer&rsquo;s Principal Executive Offices<BR> 767 Fifth Avenue<BR>
 New York, NY 10153</TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
<TD STYLE="vertical-align: top; padding-bottom: 3pt; font-size: 10pt"><B>Item 2(a)</B></TD>
<TD STYLE="border-bottom: black 1pt solid; padding-bottom: 3pt; font-size: 10pt">Name of Person Filing:<BR> William P. Lauder (the &ldquo;Reporting Person&rdquo;)</TD></TR>
<TR>
<TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD>
<TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR>
<TD STYLE="vertical-align: top; padding-bottom: 3pt; font-size: 10pt"><B>Item 2(b)</B></TD>
<TD STYLE="border-bottom: black 1pt solid; padding-bottom: 3pt">Address of Principal Business Office or, if none, Residence:<BR> 767 Fifth Avenue <BR>
New York, NY 10153</TD></TR>
<TR>
<TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD STYLE="vertical-align: top; padding-bottom: 3pt; font-size: 10pt"><B>Item 2(c)</B></TD>
<TD STYLE="border-bottom: black 1pt solid; padding-bottom: 3pt; font-size: 10pt">Citizenship:<BR> United States of America</TD></TR>
<TR>
<TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD>
<TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR>
<TD STYLE="vertical-align: top; padding-bottom: 3pt; font-size: 10pt"><B>Item 2(d)</B></TD>
<TD STYLE="border-bottom: black 1pt solid; padding-bottom: 3pt; font-size: 10pt">Title of Class&nbsp;of Securities:<BR> Class&nbsp;A Common Stock, par value $0.01 per share</TD></TR>
<TR>
<TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD>
<TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR>
<TD STYLE="vertical-align: top; padding-bottom: 3pt; font-size: 10pt"><B>Item 2(e)</B></TD>
<TD STYLE="border-bottom: black 1pt solid; padding-bottom: 3pt; font-size: 10pt">CUSIP Number:<BR> 518439-10-4</TD></TR>
<TR>
<TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
<TD STYLE="vertical-align: top; padding-bottom: 3pt; font-size: 10pt"><B>Item 3.</B></TD>
<TD STYLE="padding-bottom: 3pt; font-size: 10pt">Not applicable</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TR>
    <TD STYLE="width: 9%; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt"><B>Item 4.</B></TD>
    <TD STYLE="width: 91%; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt"><B>Ownership</B></TD></TR>
<TR>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">
        <P STYLE="padding-bottom: 5pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 23.75pt; text-indent: -23.75pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As of
        December&nbsp;31, 2020, the Reporting Person beneficially owned 8,568,390 shares of Class&nbsp;A Common Stock as follows:
        (i)&nbsp;8,515,960 shares of Class&nbsp;B Common Stock, par value $.01 per share, of the Issuer (the &ldquo;Class&nbsp;B
        Common Stock&rdquo;), held directly by the Reporting Person and (ii)&nbsp;52,430 shares of Class&nbsp;A Common Stock issuable
        pursuant to options held by the Reporting Person that are exercisable on, or within 60 days following, December&nbsp;31,
        2020.</P>
        <P STYLE="padding-bottom: 5pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 23.75pt; text-indent: -23.75pt"></P>
        <P STYLE="padding-bottom: 5pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 24.1pt; text-indent: -24.1pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The responses of the
        Reporting Person to Row (11) of the cover page&nbsp;of this Schedule 13G are incorporated herein by reference. 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&rsquo;s Restated Certificate of Incorporation. Assuming conversion of all such shares of Class&nbsp;B Common Stock
        beneficially owned by the Reporting Person, the Reporting Person would beneficially own 8,568,390 shares of Class&nbsp;A Common
        Stock, which would constitute 3.6% of the number of shares of Class&nbsp;A Common Stock outstanding.</P>
        <P STYLE="padding-bottom: 5pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 24.1pt; text-indent: -24.1pt"></P>
        <P STYLE="padding-bottom: 5pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 23.75pt">Each share of Class&nbsp;A Common Stock entitles
        the holder to one vote on each matter submitted to a vote of the Issuer&rsquo;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 52,430 shares of Class&nbsp;A Common Stock and the 8,515,960
        shares of Class&nbsp;B Common Stock beneficially owned by the Reporting Person constitute 5.5% of the aggregate voting power of
        the Issuer.</P>
        <P STYLE="padding-bottom: 5pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 23.75pt"></P>
        <P STYLE="padding-bottom: 5pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 23.75pt; text-indent: -23.75pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;The responses of
        the Reporting Person to Rows (5)&nbsp;through (8)&nbsp;of the cover page&nbsp;of this Schedule 13G are incorporated herein by reference.</P></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt"><B>Item 5.</B></TD>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt"><B>Ownership of Five Percent or Less of a Class</B></TD></TR>
<TR>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">Not Applicable</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt"><B>Item 6.</B></TD>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt"><B>Ownership of More than Five Percent on Behalf of Another Person</B></TD></TR>
<TR>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">Not Applicable</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt"><B>Item 7.</B></TD>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt"><B>Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person</B></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">Not Applicable</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt"><B>Item 8.</B></TD>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt"><B>Identification and Classification of Members of the Group</B></TD></TR>
<TR>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">The Reporting Person is a party to a Stockholders&rsquo; Agreement (the &ldquo;Stockholders&rsquo; Agreement&rdquo;), dated November&nbsp;22, 1995, as amended, among the parties listed on Exhibit&nbsp;A attached hereto. The stockholders who are parties to the Stockholders&rsquo; 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. The Stockholders&rsquo; Agreement also contains certain limitations on the transfer of shares of Class&nbsp;A Common Stock. Each stockholder who is a party to the Stockholders&rsquo; 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.</TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="padding-top: 2pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt"><B>Item 9.</B></TD>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt"><B>Notice of Dissolution of Group</B></TD></TR>
<TR>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">Not Applicable</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 9%; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt"><B>Item 10.</B></TD>
    <TD STYLE="width: 91%; padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt"><B>Certifications</B></TD></TR>
<TR>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt">&nbsp;</TD>
    <TD STYLE="padding-top: 3.25pt; padding-bottom: 3.25pt; font-size: 10pt">Not Applicable</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">After reasonable inquiry and to the best
of the knowledge and belief of the undersigned, the undersigned hereby certifies that the information set forth in this statement
is true, complete and correct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 45%; font-size: 10pt">Date: February&nbsp;11, 2021</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; font-size: 10pt">/s/ William P. Lauder</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Name:</TD>
    <TD STYLE="font-size: 10pt">William P. Lauder</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT&nbsp;INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; width: 10%; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>Exhibit&nbsp;No.</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 88%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Description</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center"><A HREF="#a_001">A</A></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt"><A HREF="#a_001">List of Parties to the Stockholders&rsquo; Agreement</A></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B><I><U><A NAME="a_001"></A>EXHIBIT&nbsp;A</U></I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>List of Parties to the Stockholders&rsquo;
Agreement (as of December&nbsp;31, 2020)</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Leonard A. Lauder, (a)&nbsp;individually and (b)&nbsp;as Trustee
of The Leonard A. Lauder 2013 Revocable Trust</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ronald S. Lauder, (a)&nbsp;individually and (b)&nbsp;as Trustee
of The Descendants of Ronald S. Lauder 1966 Trust</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">LAL Family Partners L.P.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Est&eacute;e Lauder Companies Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Ronald S. Lauder Foundation</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Aerin Lauder Zinterhofer, as Trustee of the Trust Under Article&nbsp;2
of The Zinterhofer 2008 Descendants Trust Agreement</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Jane Lauder, (a)&nbsp;as 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</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Joel S. Ehrenkranz, as Trustee of The Leonard A. Lauder 2013
Revocable Trust</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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