24
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.