LVMH Results Presentation Deck

Strong financial structure Changes compared to December 31, 2022 ➤ Slight increase in intangible assets, impact of revaluation of purchase commitments of minority interests and structural impact offset negative currency effects Increased tangible assets related to capital expenditure, notably in the retail network and acquisition of properties in Paris and London Increased inventories to support progress in business activity ➤ Progress in total equity linked to increased net result Increased net debt principally due to the payment of the final dividend, increased capital expenditures and the usual seasonality of cash flow 31 First half 2023 results Non current assets Inventories Other current assets 139 bn€ 70% 16% 14% Assets 30/06/2023 139 bn€ 43% 33% 24% Liabilities Total equity Non current liabilities Current liabilities LVMH

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