LVMH

2 0 1 9 S o c i a l R e s p o n s i b i l i t y R e p o r t

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O U R S O C I A L R E S P O N S I B I L I T Y

THE LVMH GROUP BRINGS TOGETHER 75 EXCEPTIONAL

MAISONS ORGANIZED INTO SIX BUSINESS GROUPS. THEY EACH

DESIGN PRODUCTS HARNESSING UNIQUE SAVOIR-FAIRE AND A

REMARKABLE HERITAGE WHILE SHARING CORE VALUES THAT

SAFEGUARD THE GROUP S LONG-TERM FUTURE.

THE LVMH SPIRIT

The LVMH Group was formed from the merger

of Louis Vuitton and Moët Hennessy in 1987. Two

years later in 1989, Bernard Arnault became the

majority shareholder and Chairman and Chief

Executive Officer, with a clear vision of making LVMH the world s leading manufacturer of luxury

goods.

The Group now has 75 Maisons organized into six

business groups.

The LVMH Group supports the growth of each of

its Maisons over the long term while allowing them

to express their own strengths and individual

identities within a shared model and set of values.

LVMH provides them with all the resources they

need to design, manufacture and selectively retail

their products and services.

SHARED VALUES

The performance and long-term future of the

Group and its Maisons are driven by three funda-

mental values that guide our employees behavior

and are rooted in the firm belief that our talented people represent the key to our success.

Innovation and creativity. These qualities form

an integral part of who we are. Over the years,

they have helped to guarantee the success of the

Maisons and establish their legitimacy. Creativity

and innovation come together at the heart of a

delicately balanced equation to refresh the range

provided by our Maisons and maintain their future

focus while respecting their heritage.

Excellence. At LVMH, we never compromise on

quality. Because our Maisons are synonymous

with the world of craftsmanship in its most noble

and accomplished form, we pride ourselves on

attention to detail and perfection. In our products

and services, we cultivate our difference through

this constant quest for excellence.

Entrepreneurship. LVMH has an agile and decen-

tralized organization that encourages efficiency and responsiveness. It stimulates individual

initiative by empowering employees with signif-

icant responsibilities. Our entrepreneurial spirit

encourages risk-taking and perseverance. It

requires pragmatic thinking and an ability to moti-

vate teams, inspiring them to achieve ambitious

objectives.

LONG-TERM COMMITMENTS

LVMH takes care to ensure that its activities are

respectful of human rights and continuously

strives to improve working conditions, social

inclusion and health all key factors in enhancing

and safeguarding human rights.

The Group is committed to fulfilling its duty of care by identifying any negative consequences its

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