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THE ANNUAL GENERAL MEETING

BEING A LVMH SHAREHOLDER

TAKING PART IN LVMH S DECISIONS

Every shareholder, regardless of the amount of shares owned, has the opportunity

to take part in decisions by voting at the Shareholders General Meeting, which

must be held at least once a year.

There are two types of General Meetings:

The Ordinary General Meeting, held at least once a year in the 6 months following the end of the financial year, approves the accounts, distributes

earnings, appoints and replaces board members, advisory board members

and auditors, grants some specific authorisations;

The Extraordinary General Meeting is necessary to modify by-laws, autorise capital increase, etc.

LVMH publishes in the Bulletin of Mandatory Legal Notice (BALO) a preliminary

notice of meeting at least 35 days before the Annual General Meeting, and a final

notice of meeting at least 15 days ahead of the date. This notice of meeting, also

published in a newspaper, specifies the date, the time, the place, the agenda and

the conditions for participation and for sending the voting form which allows to

vote by post or by proxy. The notice of meeting and the Unique Participation form

are available on LVMH website at least 21 days before the General Meeting.