A W E A LT H O F O P P O R T U N I T I E S

F O R T H E G R O U P S T A L E N T A N D B R A N D S

ANTONIO BELLONI, GROUP MANAGING DIRECTOR

2018 was another record year for LVMH, which continues on its exceptional growth trajectory. What s driving this ongoing success?

Beyond its business performance, a company is best defined by its achievements and the talent in its organi- zation. We are proud of our innovative, top-quality prod- ucts; our magnificent stores all over the globe; our workshops, where unique craftsmanship is combined with new technologies. Each of these achievements is a human adventure that requires ambition, creativity and perseverance. Each represents an opportunity for our teams to hone their talent, broaden their skills and add their signature to unique projects. This engagement is the key force driving the development of our Maisons and the desirability of our brands into the future. We cultivate a highly entrepreneurial mindset, which draws its vital energy from creativity, openness to the world and a desire for excellence and our people make the difference.

The Group s workforce has grown considerably, now total- ing more than 150,000 people: designers, winemakers, leather artisans, watchmakers, managers, salespeople and more. Their diverse range of talent, culture and experience is an exceptional asset for LVMH.

Success brings responsibility, which is also important to LVMH. Why is there a stronger focus on making progress in this area, today?

Like all companies, we have an important role to play in society, and a major responsibility as well. Our Group directly drives economic growth, innovation and job creation. But our impact goes further than that. Our rela- tions with the communities we work in and our suppliers; our partnerships with schools for the Institut des Métiers d Excellence; our cultural initiatives, starting with the Fondation Louis Vuitton; our LIFE program, which promotes environmental best practices; our EllesVMH initiative,