2021 Annual Results

Very 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 27 2021 Annual Results 125 bn€ 125 bn€ 39% Total equity 73% Non current assets 39% Non current liabilities Inventories 13% Other current assets 22% Current liabilities 14% Assets Liabilities December 31, 2021 LVMH

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