Responsible procurement policy

To support future growth and maintain the very high

quality that has made its Maisons a success, the

Wines & Spirits business group pursues a dynamic,

responsible procurement policy. All the vineyards

owned by LVMH have had sustainable winegrowing

certification since 2017, and the Maisons forge

partnerships with winegrowers by helping their

independent grape suppliers comply with these

certifications. Significant work is also being done in

the areas of biodiversity and in reducing packaging

and CO

2

emissions. The Maisons are devoting

equal effort to actively developing their production

capacities, as seen in the responsible, innovative and

efficient Pont Neuf bottling and logistics facility

inaugurated by Hennessy in 2017, which reflects the

Maison’s long-term vision.

LVMH owes its global leadership in premium wines and

spirits to a unique group of exceptional Maisons based

in Champagne, Bordeaux, Burgundy and other highly

renowned wine-growing regions. Inspired by their

visionary founders and drawing on their strong herit-

age – which for some goes back hundreds of years – they

all share the key values of excellence and creativity,

combining tradition with innovation. In 2023, LVMH

bolstered its position in the high-quality rosé market with

the acquisition of Château Minuty, which holds the pres-

tigious Cru Classé des Côtes-de-Provence designation.

Well-balanced, worldwide presence

In the current context, Moët Hennessy continues to

pursue a value-enhancing strategy focused on the

highest-quality products. The balanced geographic

expansion of its portfolio of brands continues thanks

to a powerful and agile global distribution network

present in over 160 countries.

Major strategic

priorities

— Pursue value-enhancing strategy

— Further improve efficiency of distribution

in key markets

— Accelerate efforts to preserve biodiversity

and protect the environment, in particular

in supply chains, packaging and transport

2024 REVENUE BY REGION

7%

France

20

Europe excl France

34

United States

6

Japan

15%

Other markets

18

Asia excl Japan

Value strategy

for lasting success

ONGOING NORMALIZATION

OF DEMAND THAT BEGAN IN 2023

€5,862m

2024 REVENUE

€1,356m

2024 PROFIT FROM

RECURRING OPERATIONS

€332m

2024 OPERATING

INVESTMENTS