LVMH 2021 . E t h i c s a n d r e s p o n s i b l e p a r t n e r s h i p s

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E X E M P L A R Y E T H I C S A N D R E S P O N S I B I L I T Y

THE GROUP HAS ESTABLISHED RULES OF CONDUCT AND PRINCIPLES FOR ACTION REGARDING ETHICS AND ENVIRONMENTAL, WORKFORCE-RELATED AND SOCIAL RESPONSIBILITY TO GUIDE

THE BEHAVIOR OF ALL OUR EMPLOYEES, SUPPLIERS AND OTHER STAKEHOLDERS.

Codes of ethics and their application

LVMH s wide-ranging commitments to our employees and stakeholders are reflected in the Group s longstanding support for benchmark initiatives such as the United Nations Global Compact, and in the adoption of internal charters and codes of conduct which serve as guidelines for all of our Maisons. These include the LVMH Code of Conduct, the Supplier Code of Conduct, the Environmen- tal Charter and, more recently, the Animal-Based Raw Materials Sourcing Charter. The Group has a dedicated governance structure that ensures its values and codes of ethics are applied at the operating level. This structure includes the Ethics & Sustainable Development Committee, which operates within the Board of Directors. The Committee receives regular reports from the Group s Ethics & Compliance Department which, with its network of over 80 officers, develops and implements the compliance program across all the Maisons. The Group puts these commitments and values into practice across all its business lines, paying close atten- tion to areas such as promoting employee inclusion and well-being; developing and passing on expertise and key skills; protecting personal data; reducing the Group s impact on ecosystems and natural resources; implement- ing compliance systems; and establishing and maintaining responsible supply chains. In 2021, the Group extended access to LVMH Alert Line our online whistleblowing platform to all our external stakeholders. This platform was already open to employ- ees, who can use it to report in good faith any violations of laws, rules or in-house codes of conduct securely and confidentially.

Fair and responsible relations with our partners

Supporting our partners is a key strategic priority for LVMH, as we aim to build long-term relationships underpinned by our shared quest for excellence and the ambition to establish a set of common ethical principles, guidelines and practices. The Group is developing a comprehensive policy with the aim of ensuring that our partners and suppliers adopt best environmental, social and societal practices, while enhancing awareness and providing information about issues specific to their own activities. LVMH and its Maisons take a collaborative approach, offering support through audits and, where necessary, action plans. Over 1,500 audits were conducted in 2021. Despite the exceptional public health situation that began in early 2020, LVMH was able to maintain a significant level of on-site supplier audits. The Group s responsible sourcing policy also includes supplier support and train- ing. For example, LVMH is a signatory of the Utthan pact, an initiative that brings together several luxury brands that contract out embroidery work. This program aims to empower artisans in Mumbai s hand embroidery cluster, where many of the embroiderers partnering with the Maisons are based. The initiative also includes a training program for embroiderers. In addition, several of the Group's Maisons worked together to organize online training for managers of supplier sites in Italy and China. Given the results of the risk analysis and of certain audits, these training courses focused on human rights, health and safety, the environment and fighting corruption.