I like the pose, or most of it and I do like the composition. I see you exposed for the eyes and let the rest go.
I suppose the ring light was used because it is your only light, if I remember correctly.
I find the lighting very harsh - the nose shadow for example.
I like the positioning of the catchlight. When a catchlight from a ringlight is centered over the eye, the eye tends to look weird or zombie-like.
I like the makeup, the pose, the lightning. Perhaps should the diamond be on a diagonal with the mouth, just because here, almost on a vertical axis, it drive the looker eyes straight to the bottom of the picture. If on a diagonal axis, our eyes will first go to the (beautiful) shoulder.
in addition to what others have said: i certainly like high contrast images, but the lipstick color, for one, suffers from oversaturation-colors can pop while still looking somewhat true to the original-it can be a delicate balance
Just another opinion, but I really hate those catchlights. The little rings are too distracting.
-But I love everything else. The model is stunning and great expressions. The color really pops.
I can see how others say the exposure is blown-out, but this doesn't bother me, as it adds emphasis to the lips & lipstick.
If I saw either #1 or #2 while thumbing through a fashion magazine (something I only do in the Dentist's office ) they would definitely catch my eye and cause me to stop / look.