Preparing for the future means remaining alert and harnessing the key trends of

our time. In 2024, the Group entered into a global partnership with Formula 1 – an

alliance extraordinarily rich in innovation, excellence and emotion that will allow

TAG Heuer, Louis Vuitton and Moët Hennessy to display their expertise and imag-

ination. Preparing for the future also meant bringing to fruition the renaissance of

The Landmark, Tiffany’s Fifth Avenue store in Manhattan and now the Group’s leading

luxury goods store worldwide, and gradually renovating all of the Maison’s other stores

in order to unlock its rich potential for powerful desirability over the coming years.

For Louis Vuitton, whose power to enchant remains as strong as ever, preparing for

the future also meant bringing back Takashi Murakami’s flowers, like a touch of

magic at the height of winter. For Dior, it meant continuing to strive for excellence

in its collections to enable this magnificent couture house to shine ever brighter.

As ever, remaining alert

In 2024, we stepped up our commitments, which are fully aligned with the Group’s

long-term vision. LVMH was once again France’s largest private-sector recruiter this

past year. Its Institut des Métiers d’Excellence and You & ME program are our

country’s most ambitious corporate initiatives for recruitment, training and knowl-

edge sharing. Year after year, LVMH continues to reaffirm its confidence in the

potential of France’s terroirs, production sites and talent. This confidence is also

reflected in the Group’s significant contribution to France’s budget.

In the same vein LVMH once again improved its environmental performance this

past year sharply reducing its energy consumption to meet its target two years

ahead of schedule and rolling out a circular design and recycling approach whose

positive effects are already visible Our Maisons which have always been environ

mentally conscious have as ever remained alert to environmental concerns and

continued to work together to refine their production and sales practices Our

focus on biodiversity and particularly water so essential to the equilibrium and

regeneration of our ecosystems reached very significant new milestones in 2024

“Preparing for the future means

remaining alert and harnessing

the key trends of our time.”