ouetde o osiuea fe osl ra niaint u hrsi VHo nivtto ridcmn oegg nayother any in engage to inducement or invitation an or LVMH in shares buy or to revise to invitation can undertake an event not or no does in sell LVMH and to circumspection and offer and document, f an activities. caution this those responsible investment with constitute of used held particular not be date be does in should the statements document Management predict, of looking its to as forward views and ability The actu LVMH’s statements. LVMH the or reflect looking performance, control only forward future these our statements of update looking beyond guarantee forward factors a The and as them. considered uncertainties be and not risks should ar important which to in statements subject described looking are forward statements certain looking contain may document This DISCLAIMER VHsUieslRgsrto ouetwhich Document Registration Universal LVMH’s Q3 2020REVENUE rayivsmn rohrdcso ae upo based decision other or investment any or saalbeo h est ( website the on available is OCTOBER 15, 2020 ae netmtosadfrcss yterntr,teeforward these nature, their By forecasts. and estimations on based e lrslscuddfe aeilyfo hs xrse ripidby implied or expressed those from materially differ could results al www..com uhsaeet.Teifraini this in information The statements. such n .Teefradloigstatements looking forward These ). 2 Q3 2020 REVENUE 3 9 MONTHS 2020 REVENUE HIGHLIGHTS

| Good resilience, notably from major brands, in an economic environment disrupted by a global health crisis

| Strong recovery in Q3 for all business groups, with return to growth for Cognac and Fashion & Leather Goods

| Significant improvement in trends in all regions in Q3 with Asia recording double-digit organic growth

| Solid acceleration in online sales, partially offsetting the impact on revenue of several months of store closures

| Suspension of international travel severely penalizing travel retail and hotel activities

Q3 2020 REVENUE 4 9 MONTHS 2020 QUARTERLY EVOLUTION OF REVENUE

Q1 2020 Q2 2020 H1 2020 Q3 2020 9M 2020

10 596 M€ 7 797 M€ 18 393 M€ 11 955 M€ 30 348 M€ - 15% - 38% - 27% - 10% -21% 1% 1% 1% -3% -1% -17% -7% -21% -28% -38%

Currency effect Structure impact Organic growth

The principles under which the effects of exchange rate fluctuations and changes in the scope of consolidation are determined are described on page 11 of 2020 Interim Financial Report.

As table totals are calculated based on unrounded figures, there may be slight discrepancies between these totals and the sum of their component figures. Q3 2020 REVENUE 5 9 MONTHS 2020 REVENUE BREAKDOWN BY REGION

In % of total revenue

16%

7% EUROPE 24% (excl. ) FRANCE UNITED STATES 34% 7% (inc. Hawaii) JAPAN ASIA (excl. Japan)

12%

OTHER MARKETS

Q3 2020 REVENUE 6 9 MONTHS 2020 REVENUE CHANGE BY REGION

Organic growth versus same period of 2019 H1 2020 Q3 2020 9 MONTHS 2020

UNITED STATES* - 24% - 4% - 17%

JAPAN - 32% - 17% - 27%

ASIA (EXCL. JAPAN) - 24% + 13% - 12%

EUROPE - 33% - 24% - 30% * Excl. Hawaii. Q3 2020 REVENUE 7 9 MONTHS 2020 REVENUE CHANGE BY BUSINESS GROUP

Organic growth versus same period of 2019 H1 2020 Q3 2020 9 MONTHS 2020 WINES & SPIRITS - 23% - 3% - 15%

FASHION & LEATHER GOODS - 24% + 12% - 11%

PERFUMES & COSMETICS - 29% - 16% - 25%

WATCHES & JEWELRY - 39% - 14% - 30%

SELECTIVE RETAILING - 33% - 29% - 31%

TOTAL LVMH - 28% - 7% - 21%

Q3 2020 REVENUE 8 WINES & SPIRITS 9 MONTHS 2020 HIGHLIGHTS

In millions of euros Champagne and Wines Cognac and Spirits Organic Structure Currency 1 364 3 919 1 175 3 349

810 2 361 810 -15% + 2% -1% 727 2 041 -15% 504

1 558 554 448 1 308 306

Q1 Q2 Q3 2019 9 months 2020

2020 Q3 2020 REVENUE 9 WINES & SPIRITS 9 MONTHS 2020 HIGHLIGHTS

|CHAMPAGNE & WINES • Champagne: volumes down 23%; gradual recovery since June • Limited consumption during first half, especially in restaurants and night clubs • Improving performance in Europe in Q3 while US and Japan still challenging • Launch of new eco-designed, 100% recyclable packaging for ; collaboration of with Japanese artist Yayoi Kusama • Integration of Château d’Esclans and Château du Galoupet, high-end rosé wines acquired in 2019

|COGNAC & SPIRITS • : volumes down 5 %; return to growth in Q3, driven by VS qualities and helped by US support for consumer spending • Continued recovery in China; on-trade progressively returning to normal • Launch of new high-end rum Eminente

Q3 2020 REVENUE 10 FASHION & LEATHER GOODS 9 MONTHS 2020 HIGHLIGHTS

In millions of euros 5 945 Organic Structure Currency

15 873 4 643

13 934 3 346 - 11% 0% -1%

-12%

Q1 Q2 Q3 2019 9 months 2020

2020 Q3 2020 REVENUE 11 FASHION & LEATHER GOODS 9 MONTHS 2020 HIGHLIGHTS |Outstanding resilience of major brands despite closed stores and production sites in several countries; Q3 reached double-digit organic revenue growth |Louis Vuitton: strong commercial and creative momentum for all businesses and market share gains • Animation of iconic lines and new creations such as new jacquard pattern Since 1854; new collaborations with 6 contemporary artists for Capucines bag • Continued commitment towards sustainable creativity • Strengthened customer relations through innovative digital initiatives • Opening of a new workshop in France, in Vendôme |Christian Couture: market share gains in all regions • Development of emblematic products thanks to creative animations, such as Dior Bobby, Knitted Bar Jacket • , Designer of Dreams exhibition opened in Shanghai after success in and London • Impressive new store rue Saint-Honoré, Paris • Support for the UNESCO Global Education Coalition to mitigate impact of health crisis on youth education

| New Artistic Directors: Kim Jones at and Matthew Williams at Givenchy

| ’s original “Show-on-the-Wall” by JW Anderson very well received

| Other brands saw significant improvement in Q3

Q3 2020 REVENUE 12 PERFUMES & COSMETICS 9 MONTHS 2020 HIGHLIGHTS

In millions of euros Organic Structure Currency 4 912

1 382 3 674 1 370 - 25%0% - 1% 922

-25%

Q1 Q2 Q3 2019 9 months 2020

2020 Q3 2020 REVENUE 13 PERFUMES & COSMETICS 9 MONTHS 2020 HIGHLIGHTS

|Good resilience in context of decline in makeup and reduction in international travel, partly compensated by skincare momentum

|: launched new J’adore Eau de Parfum Infinissime; continued development of Prestige and Capture lines; strong Q3 performance for Miss Dior and Sauvage; solid online revenue growth

|: continued rapid growth in skincare and solid online sales momentum

|: roll-out of Irresistible Givenchy and successful launch of Le Rouge Deep Velvet lipstick

|: launch of Rouge Artist, ultra-precise lipstick inspired by makeup brushes

|Maison Francis Kurkdjian: launch of l’Homme À la rose, a rose-based fragrance for men

|Promising start for Skin, skincare brand by Rihanna

Q3 2020 REVENUE 14 WATCHES & JEWELRY 9 MONTHS 2020 HIGHLIGHTS

In millions of euros Organic Structure Currency

3 261

2 266

947 - 30% 0% 0% 792

527 - 31%

Q1 Q2 Q3 2019 9 months 2020

2020 Q3 2020 REVENUE 15 WATCHES & JEWELRY 9 MONTHS 2020 HIGHLIGHTS

|China rebound confirmed in Q3

|Bvlgari: roll-out of High Jewelry line Barocko; good performance of B.zero1 and Divas’ Dream collections

|TAG Heuer: celebration of 160th anniversary with launch of limited editions, notably in Carrera collection; good performance of third generation connected watch

|: launch of connected watch Big Bang E

|: new High Jewelry collection Perspectives

|Fred: positive reception to new capsule collection Chance Infinie.

Q3 2020 REVENUE 16 SELECTIVE RETAILING 9 MONTHS 2020 HIGHLIGHTS

In millions of euros Organic Structure Currency

10 555

2 626 7 176 2 332 2 218 - 31% 0% -1%

-32%

Q1 Q2 Q3 2019 9 months 2020

2020 Q3 2020 REVENUE 17 SELECTIVE RETAILING 9 MONTHS 2020 HIGHLIGHTS | • Good resilience and market share gains in key countries • Very strong growth of online sales • Selective openings in the US and China • Exclusive distribution in Sephora stores of singer and actress Selena Gomez’s new brand Rare Beauty |DFS • Significant decline in revenue due to international travel suspension and store closures • Gradual reopening of downtown stores in Venice, Macao and Hong Kong

| LE BON MARCHÉ • Exhibition dedicated to Belgium

Q3 2020 REVENUE 18 9 MONTHS 2020 REVENUE SUMMARY

| LVMH has shown good resilience since the beginning of the year, in particular at major brands

| Encouraging revenue recovery in Q3; all business groups and regions improving trends versus H1

| Focus on innovative and high quality products, more selective investment, notably in store network expansion, cost management and agility

Objective of LVMH REINFORCE OUR LEADERSHIP POSITION IN GLOBAL MARKET