#1LVMH Annual General Meeting 2022 April 21st, 2022 Louis Vuitton#2Bernard Arnault Louis Vuitton#32021: a record year particularly for Fashion & Leather Goods division 3 REVENUE 64.2 bne bn€ + 14% vs. 2019* +36% vs. 2020* *Organic growth 2022 Annual General Meeting PROFIT FROM RECURRING OPERATIONS 17.2 bne + 49% vs. 2019 + 107 % vs. 2020 OPERATING MARGIN + 5.3 pts vs. 201 26.7% + 8.1 pts vs. 2020 OPERATING FREE CASH FLOW 13.5 x 2.2 vs. 2019 bn€ x 2.2 GEARING vs. 2020 19.6% LVMH#4Jean-Jacques Guiony Louis Vuitton#5Organic revenue up 36% versus 2020 2021 evolution of revenue (in million of euros) 5 53 670 2019 44 651 2022 Annual General Meeting 2020 Organic growth +36% vs 2020 +14% organic growth vs 2019 Structure impact + 10% vs 2020 +44% vs 2020 + 20% vs 2019 Currency effect - 2% vs 2020 The principles used to determine the net impact of exchange rate fluctuations on the revenue of entities reporting in foreign currencies and the net impact of changes in the scope of consolidation are described on page 39 of 2021 Universal Registration Document 64 215 2021 LVMH#6Q1 2022 organic revenue up 23 % Q1 2022 evolution of revenue (in million of euros) 6 13 959 Q1 2021 2022 Annual General Meeting Organic growth + 23% Structure impact 0% +29% Currency effect + 6% 18 003 Q1 2022 LVMH#7Balanced geographic revenue mix 2021 revenue breakdown by region (in % of total revenue) UNITED STATES 26% vs 24% in 2020 vs 24% in 2019 OTHER MARKETS 11 % vs 11% in 2020 vs 11% in 2019 2022 Annual General Meeting FRANCE 6% vs 8% in 2020 vs 9% in 2019 EUROPE (excl. France) 15% vs 16% in 2020 vs 19% in 2019 ASIA (excl. Japan) 35% vs 34% in 2020 vs 30% in 2019 64.2 bn€ 2021 REVENUE JAPAN 7% vs 7% in 2020 vs 7% in 2019 LVMH#8Only group present in all luxury sectors 2021 revenue breakdown by business group (in % of total revenue) 8 19% vs 28% in 2019 SELECTIVE RETAILING & OTHER ACTIVITIES 14% vs 8% in 2019 WATCHES & JEWELRY 10% vs 13% in 2019 PERFUMES & COSMETICS 2022 Annual General Meeting REVENUE BY BUSINESS GROUP 9% vs 10% in 2019 WINES & SPIRITS 48 % vs 41% in 2019 FASHION & LEATHER GOODS LVMH#9Strong organic growth particularly driven by outstanding performance of Fashion & Leather Goods division 2021 revenue by business group (in million of euros) 9 Wines & Spirits Fashion & Leather Goods Perfumes & Cosmetics Watches & Jewelry Selective Retailing Other activities and eliminations Total LVMH 2019 2022 Annual General Meeting 5 576 22 237 6 835 4 405 14 791 (174) 53 670 2020 4 755 21 207 5 248 3 356 10 155 (70) 44 651 2021 5 974 30 896 6 608 8 964 11 754 19 64 215 2021 vs 2020 Reported + 26% + 46% + 26% X 2.7 + 16% + 44% * with comparable structure and exchange rates. The structural impact for the Group compared to 2020 was +10%, largely linked to the consolidation for the first time of Tiffany & Co. The currency effect was -2%. Organic* + 26% + 47% + 27% + 40% + 18% + 36% 2021 vs 2019 Organic + 9% + 42% 1% + 7% - 18% + 14% LVMH#10Group share of net profit exceeded 12 billion euros in 2021 Summarized income statement (in million of euros) Revenue Gross margin Marketing and selling expenses General and administrative expenses Equity investment income Frofit from recurring operations Other operating income and expenses Operating profit Net financial income (expenses) Income taxes Net profit before minority interests Minority interests Group share of net profit 10 2022 Annual General Meeting 2019 53 670 35 547 (20 207) (3 864) 28 11 504 (231) 11 273 (559) (2 932) 7 782 (611) 7 171 2020 44 651 28 780 (16 792) (3 641) (42) 8 305 (333) 7 972 (608) (2 409) 4 955 (253) 4 702 2021 64 215 43 860 (22 308) (4 414) 13 17 151 17 155 53 (4 510) 12 698 (662) 12 036 Change vs 2020 +44% +52% +33% +21% +107% + 115% + 156% + 156% Change vs 2019 +20% +23% +10% +14% +49% + 52% + 63% + 68% LVMH#11Profit from recurring operations over 17 billion euros doubled versus 2020 and up 49% versus 2019 Profit from recurring operations by business group (in million of euros) Wines & Spirits Champagne & Wines Cognac & Spirits Fashion & Leather Goods Perfumes & Cosmetics Watches & Jewelry Selective Retailing Other activities and eliminations Total LVMH Operating margin (%) * Non-comparable structure. 11 2022 Annual General Meeting 2019 1 729 690 1 039 7 344 683 736 1 395 (383) 11 504 21.4% 2020 1 388 488 900 7 188 80 302 (203) (450) 8 305 18.6% 2021 1 863 762 1 101 12 842 684 1 679* 534 (451) 17 151 26.7% Change vs 2020 + 34% + 56% +22% + 79% > 200% > 200% ns ns + 107% +8.1 pts Change vs 2019 + 8% + 10% + 6% + 75% 0% + 128% - 62% ns + 49% + 5.3 pts LVMH#12Strong operational improvement and high structure impact due to Tiffany's integration 2021 evolution of profit from recurring operations (in millions of euros) 11504 2019 12 2022 Annual General Meeting 8305 2020 Organic growth 8 049 M€ Structure impact 796 M€ + 107% vs 2020 +49% vs 2019 Currency effect OM€ 17151 2021 LVMH#13Very sound financial structure Changes compared to December 31, 2020 ➤ Increased intangible assets mainly due to Tiffany's integration and revaluation of purchase commitments for minority interests Increased inventories resulting from Tiffany's integration and progress in business activity ➤ Progress in total equity linked to increased net result and impact of currency change ➤ Increased net financial debt following the payment of Tiffany's acquisition price in early January 2021 13 2022 Annual General Meeting Non current assets Inventories Other current assets 125 bn€ 73% 13% 14% Assets December 31, 2021 125 bn€ 39% 39% 22% Liabilities Total equity Non current liabilities Current liabilities LVMH#14Tiffany's acquisition largely covered thanks to remarkable level of cash flow Net financial debt (in million of euros) 14 Opening net financial debt 4 241 31/12/2020 2022 Annual General Meeting Financial investments 13 315 * Operating free cash flow - 13 531 Gearing: 19.6 % Dividends paid 3 935 Others 1647 Closing net financial debt 9 607* 31/12/2021 LVMH#152021 dividend of 10 euros Gross dividend per share (in euros) Average annual growth rate over 5 years 4,00 2016 5,00 15 2022 Annual General Meeting 2017 * Will be proposed at the Annual General Meeting of April 21, 2022 + 20% 6,00 2018 4,80 2019 6,00 2020 10,00* 2021 LVMH#16Share price evolution since January 1st, 2021 Performance of April 12, 2022, since January 1st, 2021 150,00 140,00 130,00 120,00 110,00 природн 100,00 90,00 Como 01/01/2021 01/02/2021 01/03/2021 01/04/2021 01/05/2021 01/06/2021 16 2022 Annual General Meeting 01/07/2021 01/08/2021 01/09/2021 01/10/2021 LVMH CAC 40 mwy üsu 01/11/2021 01/12/2021 01/01/2022 01/02/2022 01/03/2022 01/04/2022 + 25% + 18% LVMH#17Bernard Arnault Louis Vuitton#182021 key highlights Louis Vuitton#19Back to strong growth momentum in 2021 64.2 bn€ 2021 REVENUE +36% vs 2020 (organic) 17.2 bn€ 2021 PROFIT FROM RECURRING OPERATIONS +107% vs 2020 Record performance following strong impact of the global health crisis in 2020 Acceleration of revenue growth in Q4 Double-digit revenue growth in Asia and the US and gradual recovery in Europe 19 2022 Annual General Meeting Outstanding performance of Fashion & Leather Goods, particularly Louis Vuitton, Christian Dior, Fendi, Celine and Loewe, which reached record levels of revenue and profitability Successful integration of Tiffany, which registered record performance only one year after joining the Group ΧΟ Hennessy Continued strong growth of online sales alongside gradual return of customers in stores DFS still impacted by international travel but strong rebound of Sephora SEPHORA EN 557 LVMH#20Strategy and outlook Louis Vuitton#212022 objective: continue to reinforce LVMH's global leadership position Vigilance Maintain vigilance within context of gradual recovery from global health crisis Confidence Continue strong momentum of our Maisons and build their desirability over the long-term 21 2022 Annual General Meeting Creativity and excellence Stay true to our values and focus on creativity, quality and distribution of our products Digitalization Pursue further digitalization of our Maisons to enrich customers' experience online and in stores Entrepreneurial spirit Build upon entrepreneurial spirit and agility of our organization Commitment Continue to execute on Group's commitments to preserve the environment and corporate responsibility LVMH#22IEI Chantal Gaemperle Louis Vuitton#23Human resources philosophy and social responsibility's long-term commitments Impactful results ME MÉTIERS D'EXCELLENCE 23 2022 Annual General Meeting > Exceptional and diversified career perspectives 5,580 mobilities in 2021 - 75% of key positions filled by internal employees ➤ A strong recruitment momentum, focus on young talents More than 175,000 employees in 2021, an unprecedented total workforce 45,000 joiners in 2021 ■ Objective to recruit 25,000 young talents under 30 years old in 2022 including 5,000 interns and apprentices Efforts to speed up preservation and transmission of savoir-faire ■ ■ Developing our 280 Métiers d'Excellence Signature of the << WE for ME » pact (Worldwide Engagements for Métiers d'Excellence), by all our Maisons Training through apprenticeship and development of IME - 340 new apprentices welcomed in 6 countries – 1,400 young talents trained at 27 crafts since 2014 LVMH#24Human resources philosophy and social responsibility's long-term commitments Impactful results Convers FEXR 24 2022 Annual General Meeting Inclusion and diversity at the heart of our organization New Group Diversity & Inclusion department 44% of key positions held by women (23% in 2007), 17 Maisons currently headed up by women Continued roll-out of subconscious decision-making biases training Strengthening of solidarity Creation of LVMH Heart Fund, for our employees facing critical personal situations ■ ■ Signature of Health & Safety Charter by all Executive Committee members More than 500 associations supported in 2021 - 30,000 employees involved in a solidarity action - 765,000 persons helped LVMH#25Antoine Arnault Louis Vuitton#26Creative circularity: proof by the product Environmental excellence: Achievements of new program LIFE 360 26 2022 Annual General Meeting Y 404 Loma LVMH#27Biodiversity and climate: an alliance strategy with nature Environmental excellence: Achievements of new program LIFE 360 27 2022 Annual General Meeting ➤ 657,000 hectares preserved or restored in 2021 ➤ -6% energy-related GHG emissions (baseline: 2019) ➤39%: proportion of renewable energy in the Group's energy mix ➤ 57% of stores equipped with LED lighting LVMH#28Respect of fundamental principles for high quality products: traceability and transparency Environmental excellence: Achievements of new program LIFE 360 28 2022 Annual General Meeting ➤ 81% of leather from tanneries, certified LWG (74% in 2020) 61% certified cotton (51% in 2020) 93% of gold certified COC (77% in 2020) 100% of French vineyards certified Viticulture Durable ➤ 4,000 references benefiting from an information system LVMH#29LVMH Annual General Meeting 2022 Louis Vuitton#30Auditors' reports to the combined shareholders' meeting Louis Vuitton#31Statutory auditors' reports Ordinary Annual Shareholders' Meeting Report on parent company financial statements > Report on consolidated financial statements > Special report on regulated related party agreements Extraordinary Annual Shareholders' Meeting ➤ 2 special reports related to transactions on share capital 31 2022 Annual General Meeting LVMH#32Reports on LVMH parent company (1st resolution) Pages 313 to 317 of translation of French "Document d'enregistrement universel" Key audit matters ➤ Valuation of equity investments, ➤ Provisions for contingencies and losses In our opinion, the parent company financial statements give a true and fair view of the assets and liabilities and of the financial position of the Company as of December 31, 2021 and of the results of its operations for the fiscal year then ended in accordance with French accounting principles. 32 2022 Annual General Meeting LVMH#33Reports on LVMH consolidated financial statements (2nd resolution) Pages 281 to 286 of translation of French "Document d'enregistrement universel" Key audit matters valuation of fixed assets, in particular intangible assets valuation of inventories and work in progress provision for contingencies and losses and uncertain tax positions acquisition of Tiffany In our opinion, the consolidated financial statements give a true and fair view of the assets and liabilities and of the financial position of the Group as of December 31, 2021, and of the results of its operations for the fiscal year then ended in accordance with International Financial Reporting Standards as adopted by the European Union. 33 2022 Annual General Meeting LVMH#34Special report on regulated related party agreements (4th resolution) Pages 318 and 319 of translation of French "Document d'enregistrement universel" No new regulated related party agreement entered into and authorized by your Board of Directors during the year. The agreements and commitments authorized in prior years and which remained in force in 2021 are presented in our special report. 34 2022 Annual General Meeting LVMH#35Special reports regarding transactions on capital (Available independent of universal registration document) Authorizations granted to the Board of Directors Authorization to reduce share capital Authorization to award bonus shares to employees and/or senior executive officers of Company and affiliated entities up to a limit of 1% of Company's share capital. Resolution 21 35 2022 Annual General Meeting Resolution 22 We have nothing to report on these transactions, which comply with the conditions provided by the French Commercial Code. LVMH#36LVMH Annual General Meeting 2022 Louis Vuitton