RICHEMONT ANNOUNCES CHANGES TO ITS SENIOR EXECUTIVE COMMITTEE; 10 NOVEMBER 2017 Freitag, 10. November 2017 - 07:05

Richemont, the Swiss luxury goods group, wishes to announce the following changes to its Senior Executive Committee.

Chief Operating Officer

Mr Jérôme Lambert has been appointed to the newly created role of Chief Operating Officer. Mr Lambert will be responsible for all Maisons other than Cartier and Van Cleef & Arpels. In addition, he will continue to be responsible for the Richemont regional support platforms and central support services, excluding Finance, Human Resources and Technology.

Specialist Watchmakers

To assist Mr Lambert, Mr Emmanuel Perrin, currently International Sales Director of Cartier, will be appointed Head of Specialist Watchmakers Distribution. In this newly created position, he will be responsible for the coordination of all Specialist Watchmakers’ distribution strategies. Mr Perrin will join the Senior Executive Committee effective immediately.

Commenting on the changes, Mr Johann Rupert, Chairman, said:

“The changes announced today will continue our transformation of the Specialist Watchmakers’ business models to meet the demands of today’s environment. Mr Perrin, in his twenty-five years with the Group, has been successful with Van Cleef & Arpels and, most recently, Cartier, in developing partnerships with our wholesale partners. A prime area of focus will be matching supply with end customer demand.”

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Compagnie Financière Richemont SA

50, Chemin de la Chênaie CP30 1293 Bellevue - Geneva Switzerland

Telephone +41 (0)22 721 3500 Telefax +41 (0)22 721 3550

www.richemont.com

Investor and Media contact

Sophie Cagnard

Group Corporate Communications Director

James Fraser

IR Executive