LVMH Results Presentation Deck

Tiffany'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

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