LVMH 2018 . P e r f o r m a n c e m e a s u r e s

130 131

2016 2017 2018

High (mid-session) 181.40 260.55 313.70

Low (mid-session) 130.55 175.80 232.50

Year-end share price 181.40 245.40 258.20

Change during the year (%)

25% 35% 5%

Change in the CAC 40 (%)

5% 9% -11%

Market capitalization at Dec. 31 (EUR bn)

92.0 124.0 130.0

2016(1) 2017(1) 2018

Gross dividend (in euros) 4.00 5.00 6.00(2)

Growth for the year 13% 25% 20%

Payout ratio 50% 47% 47%

Basic Group share of net earnings per share (in euros)

8.08 10.68 12.64

(1) Restated to account for the impact of the application of IFRS 9 Financial Instruments. (2) Amount to be proposed at the Shareholders Meeting of April 18, 2019.

LVMH STOCK MARKET DATA (in euros)

COMPARISON BETWEEN THE LVMH SHARE PRICE AND THE CAC 40 INDEX SINCE JANUARY 1, 2016 (in euros)

CHANGE IN THE DIVIDEND

Volume of transactions (right-hand scale)LVMH CAC 40 rebased

After remaining relatively steady during the first nine months of the year despite a climate of substantial uncertainty, markets slumped during the third quarter to end the year in a downturn. The trade war between the United States and China, the political and economic environment in Italy and the difficult negotiations between the European Union and the United Kingdom surrounding Brexit weighed on performance in the main indices. The end of the year also saw the publication of less favorable indicators, fueling investor fears of a slowdown in global economic growth. Paradoxically, the changes to monetary policy in Europe and the United States, which had been highly anticipated by investors, ended up having a limited impact on markets. Against this backdrop, the CAC 40 and Euro Stoxx 50 indices finished 2018 down 11% and 14%, respectively. The LVMH closing share price ended the year up 5%, at 258.20, after having reached a new record high during the year. LVMH s market capitalization was 130 billion as of December 31, making it the largest company on the Paris stock exchange.

S T O C K M A R K E T P E R F O R M A N C E M E A S U R E S

0

2,000,000

4,000,000

1,000,000

3,000,000

2016 2017

180

160

140

120

100

5,000,000

7,000,000

6,000,000

260

240

220

200

2018

280

300

320

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