#1÷-1 CO LVMH Q1 2023 revenue April 12, 2023 Creating infinity Louis Vuitton#2This document may contain certain forward looking statements which are based on estimations and forecasts. By their nature, these forward looking statements are subject to important risks and uncertainties and factors beyond our control or ability to predict, in particular those described in LVMH's Universal Registration Document which is available on the website (www.lvmh.com). These forward looking statements should not be considered as a guarantee of future performance, the actual results could differ materially from those expressed or implied by them. The forward looking statements only reflect LVMH's views as of the date of this document, and LVMH does not undertake to revise or update these forward looking statements. The forward looking statements should be used with caution and circumspection and in no event can LVMH and its Management be held responsible for any investment or other decision based upon such statements. The information in this document does not constitute an offer to sell or an invitation to buy shares in LVMH or an invitation or inducement to engage in any other investment activities. 2 1 Disclaimer LVMH#3Excellent start to 2023 despite challenging environment +17% ORGANIC REVENUE GROWTH vs Q1 2022 Q1 in line with last year's trend All business groups recorded double-digit organic revenue growth except Wines & Spirits due to US environment and high inventory level Strong revenue growth in Europe and Japan; good but softer in the US; Asia improving fast 3 Q1 2023 revenue Continued strong progress of Fashion & Leather Goods business group, especially for Louis Vuitton, Christian Dior, Celine, Loewe, Loro Piana, Rimowa and Berluti Solid performance at Tiffany & Co. and Bulgari Perfumes & Cosmetics good start, driven by perfumes and makeup Strong growth of Sephora DFS gradually recovering thanks to growing international travel AUTY HUB LVMH#4Q1 2023 organic revenue up 17 % Q1 2023 evolution of revenue (in million of euros) 4 18 003 Q1 2022 Q1 2023 revenue Organic growth + 17% Structure impact 0% + 17% Currency effect 0% 21 035 Q1 2023 LVMH#5Balanced geographic revenue mix Q1 2023 revenue breakdown by region (in % of total revenue) UNITED STATES 23% vs. 24% in Q1 2022 OTHER MARKETS 13% vs. 12% in Q1 2022 5 Q1 2023 revenue FRANCE 7% vs. 6% in Q1 2022 EUROPE (excl. France) 14% vs. 14% in Q1 2022 ASIA (excl. Japan) 36% vs. 37% in Q1 2022 21bn€ REVENUE JAPAN 7% vs. 7% in Q1 2022 LVMH#6Good revenue growth in Europe, normalizing vs LY, and in the US; strong momentum in Japan; Asia seeing good rebound Q1 2023 organic evolution of revenue by region 6 Q1 2023 revenue Q1 2023 vs Q1 2022 United States Japan Asia (excl. Japan) Europe Total LVMH % organic change + 8% + 34% + 14% + 24% + 17% LVMH#7Business groups review 9 K A Louis Vuitton#8BUSINESS GROUPS REVIEW Wines & Spirits 8 Q1 2023 revenue Hennessy PARADIS RARE COGNAC Hennessý#9Wines & Spirits organic revenue up 3% Wines & Spirits - Q1 2023 evolution of revenue (in million of euros) 9 Champagne & Wines Cognac & Spirits 1 638 932 706 Q1 2022 Q1 2023 revenue - Wines & Spirits Organic growth + 3% Structure impact 0% + 3% Currency effect 0% 1 694 899 796 Q1 2023 LVMH#10Wines & Spirits - Strong start to 2023 for the Champagne brands; Hennessy seeing gradual recovery in China and softer US market that Twierd P Danivart ORGANIC REVENUE CHAMPAGNE & WINES + 14% Champagne & Wines Strong start to year driven by positive price effect 10 Continued robust progress in all regions - Launch of new Lady Gaga campaign for Dom Pérignon Started construction of new Nicolas Ruinart Pavillon in Reims, including new visitor centre, showroom and boutique Continued international development of Château d'Esclans; strategic alliance with Minuty estate, including acquisition of a majority stake Chandon performing well thanks to healthy start for Garden Spritz - First Q1 integration of Joseph Phelps Vineyards, consolidated since Dec. 2022 | Q1 2023 revenue — Wines & Spirits Kim Jongs Hermiy X1 ORGANIC REVENUE COGNAC & SPIRITS - 5% Cognac & Spirits China recovering from Covid impact while US impacted by softer economic environment - Hennessy volumes down due to softer US economic environment and high inventory levels China demand gradually recovering from Covid effect - Collaboration between Hennessy X.O and fashion designer Kim Jones, featuring a collectible sneaker, a couture decanter and a cognac bottle - Inauguration of a new Hennessy X.O & Paradis space at La Samaritaine Solid momentum of Belvedere vodka and Glenmorangie whiskies LVMH#11BUSINESS GROUPS REVIEW Fashion & Leather Goods 11 | Q1 2023 revenue 1 Seag gatimen Christian Dior Couture#12Fashion & Leather Goods organic revenue up 18% Fashion & Leather Goods - Q1 2023 evolution of revenue (in million of euros) 9123 Q1 2022 12 Q1 2023 revenue - Organic growth + 18% Fashion & Leather Goods Structure impact 0% +18% Currency effect -1% 10 728 Q1 2023 LVMH#13Fashion & Leather Goods - Remarkable performance, particularly Louis Vuitton, Christian Dior, Celine, Loewe, Loro Piana and Rimowa Creating infernity Louis Vuitton Exceptional performance, driven by creativity and iconic products Success of fashion shows created by Nicolas Ghesquière Pharrell Williams as new Men's Creative Director; first collection coming June 2023 - Immensely successful collaboration with 13 Japanese artist Yayoi Kusama Creative << LV dream » exhibition in Paris - Expanded product offering in all categories | Q1 2023 revenue - Christian Dior Couture Great success of all product categories Strong progress of RTW collections created by Maria Grazia Chiuri and Kim Jones - Tribute to Indian textile traditions and the art of embroidery on the occasion of spectacular Fall 2023 show in Mumbai - New Lady 95.22 bag, echoing the year of the icon's creation, 1995, and the year of reinterpretation, 2022 Fashion & Leather Goods Celine Loewe Fendi Rimowa AFF First flagship boutique opened in South Korea "Palazzo Fendi Seoul"; largest store opened in Japan in Tokyo at Omotesando Loro Piana Exceptional growth of RTW and shoes; successful launch of Bale bag Marc Jacobs Strong momentum in the United States Berluti Enduring impact of Hedi Slimane creations, image and desirability; continuation of direct control over its distribution Success of JW Anderson's fashion shows and communication; new collaboration with Studio Ghibli; positive reception of new Paseo bag New partnership with German Football Association DFB Successful launch of the Golf capsule; new Lorenzo Drive loafer introduced LVMH#14BUSINESS GROUPS REVIEW Perfumes & Cosmetics 14 Q1 2023 revenue Chrise Parfums Christian Dior#15Perfumes & Cosmetics organic revenue up 10% Perfumes & Cosmetics Q1 2023 evolution of revenue (in million of euros) 15 1905 Q1 2022 Organic growth | Q1 2023 revenue — Perfumes & Cosmetics + 10% Structure impact 0% + 11% Currency effect + 1% 2115 Q1 2023 LVMH#16Perfumes & Cosmetics - Strong growth of perfume and makeup, continued selective distribution SAUVAGE Dior Parfums Christian Dior Strong momentum in key markets - Solid growth in Europe and the US - Sauvage, worldwide leader in fragrance Ongoing success of iconic perfumes J'Adore and Miss Dior - Enhanced La Collection Privée with first creations of Francis Kurkdjian - Success of new lipstick refillable Dior Addict - Vitality of premium skincare Prestige and Capture Totale 16 Q1 2023 revenue - Perfumes & Cosmetics Guerlain Parfums Givenchy Benefit Fresh AQUA ALLEGORIA QUERLAIN 36 Strong momentum of Aqua Allegoria and L'Art & La Matière; rollout in Europe of new liquid foundation Terracotta Le Teint Successful launch of Gentleman Society perfume New Pore Care collection launched worldwide Continued rollout of new serum Tea Elixir, boosting skin's resilience to stress Maison Francis Kurkdjian Acqua di Parma the PORE fessional Fenty Beauty PORE sional DEEP RETREAT al Solid start of the year driven by the US and successful new perfume 724 New Colonia Limited Edition designed by Samuel Ross; continued strong performance of Home collection Officine Solid development driven by store Universelle expansion, notably in Japan Buly Strong progress following Super Bowl marketing impact LVMH#17BUSINESS GROUPS REVIEW Watches & Jewelry 17 | Q1 2023 revenue Tiffany & Co.#18Watches & Jewelry organic revenue up 11% Watches & Jewelry - Q1 2023 evolution of revenue (in million of euros) 2338 Q1 2022 Organic growth 18 Q1 2023 revenue - Watches & Jewelry + 11% Structure impact 0% + 11% Currency effect 0% 2589 Q1 2023 LVMH#19Watches & Jewelry - Strong progress for jewelry; continued innovation in watches Tiffany A good start to the year - International rollout of Lock collection Great success of 7 iconic line Record performance of High Jewelry - Rollout of new concept stores - Reopening of NY Fifth Avenue Landmark planned for Q2 2023 19 Q1 2023 revenue - Watches & Jewelry Not Bvlgari Strong momentum - Good momentum of iconic Serpenti, celebrating its 75th anniversary; new Serpenti 75 Years of Infinite Tales exhibition at the Museum of Contemporary Art Shanghai Great success of High Jewelry collection Eden: The Garden of Wonders Hublot TAG Heuer Celebration of the Carrera Chronograph 60th anniversary Chaumet Fred CARRERA www Zenith w II Fourth collaboration with artist Takashi Murakami (12 unique pieces and exclusive to owners of an All Black or Sapphire Rainbow NFT) Launch of the Echo Culture Awards to develop and promote cultural projects New reversible Pretty Woman bracelets, featuring a signature "heart within a heart" in carnelian LVMH Release of the re-designed Pilot collection at the Watches and Wonders 2023 event#20BUSINESS GROUPS REVIEW Selective retailing 20 Q1 2023 revenue CERTINE XEN 17 SEPHORA A ORA Sephora#21Selective retailing organic revenue up 28% Selective retailing - Q1 2023 evolution of revenue (in million of euros) 3 040 Q1 2022 21 Q1 2023 revenue — Selective retailing Organic growth +28% Structure impact 0% + 30% Currency effect + 2% 3961 Q1 2023 LVMH#22Selective retailing - Strong performance from Sephora; DFS benefiting from recovery in travel, notably in Asia SEPHORA Sephora Continued excellent momentum - Strong growth, especially in North America, Europe and the Middle East Market share gains Strong recovery of customer traffic in stores Good performance across all categories, especially in makeup - Excellent start for first UK store in London Westfield 22 Q1 2023 revenue — Selective retailing DFS Rapid rebound after reopening of China borders Revenue increased but still below 2019 levels - Progressive return of tourists to Hong Kong and Macao First concession opened in China in domestic Terminal 3A at Chongqing Jiangbei Airport Le Bon Marché Creative animations Growth in both local and international clientele Success of exhibitions: Sangam by artist Subodh Gupta, Sketch Aquarium - mixing art and technology - Extension of immersive theatre Au Bonheur des Dames LVMH#23Taking advantage of gradual travel rebound while staying vigilant in context of macro and geopolitical uncertainties PANTA All business groups contributed to Q1 organic growth 23 Q1 2023 revenue Strong start to the year and well positioned to continue to gain market share Continued strong momentum of online and omnichannel developments Focus on innovative and high-quality products, continued selective investment, especially in store network expansion, cost management and agility LVMH#24:-0 Annex CO Louis Vuitton Creating infinity#25Q1 2023 revenue Q1 2023 revenue by business group (in million of euros) 25 Q1 2023 revenue Wines & Spirits Fashion & Leather Goods Perfumes & Cosmetics Watches & Jewelry Selective Retailing Other activities and eliminations Q1 2022 1 638 9 123 1 905 2 338 3 040 (41) 18 003 Total LVMH * with comparable structure and exchange rates. The currency effect for the Group and the structural impact were both zero. Q1 2023 1 694 10 728 2 115 2 589 3 961 (52) 21 035 % change Reported + 3% + 18% + 11% 11% + 30% + 17% Organic* + 3% +18% + 10% + 11% + 28% + 17% As table totals are calculated based on unrounded figures, there may be slight discrepancies between these totals and the sum of their component figures. LVMH