COMPAGNIE FINANCIERE RICHEMONT SA - Exchange rate applicable for the dividend payable on South African A shares (JSE shares)

Exchange rate applicable for the dividend payable on South African ‘A’ shares (‘JSE shares)

Compagnie Financiere Richemont SA
("Richemont" or "the Company" or "the Group")
(Incorporated in Switzerland)
Share code: CFR
ISIN: CH0210483332

COMPAGNIE FINANCIERE RICHEMONT SA – EXCHANGE RATE APPLICABLE FOR THE DIVIDEND
PAYABLE ON SOUTH AFRICAN 'A' shares ('JSE shares')

The foreign dividend payable to holders of CFR shares on the JSE resident in
South Africa is derived from the dividend paid by Compagnie Financiere
Richemont SA, Switzerland ('CFR') to holders of Richemont 'A' shares.

The dividend payable for the CFR shares on the JSE is payable in Rand and
will be effected via CSD participants in Strate for all dematerialised
holdings.

The board of directors of CFR has recommended a dividend of CHF 3.00000 per
'A' share from income reserves. The dividend was approved by shareholders of
CFR at the annual general meeting on Wednesday 10 September 2025 in Geneva.
The dividend payable by CFR will be subject to Swiss withholding tax of 35
per cent, resulting in a net dividend of CHF 1.95000 per 'A' share. Per the
DTA agreement of 15% between Switzerland and South Africa, South African tax
residents are eligible to recover 20 per cent of the 35 per cent Swiss
withholding tax levied on the CFR dividend.

Following the increase in the South African dividends tax rate from 15
percent to 20 percent a revised binding class ruling was obtained from the
South African Revenue Service. In terms of this ruling, those JSE
shareholders who are not exempt from the South African dividends tax will be
subject to a rate of 5 percent South African tax because of the credit
available in respect of the Swiss withholding tax paid. Those JSE
shareholders who qualify for exemption from the South African tax (e.g. South
African companies and non-residents of South Africa) must ensure that they
have filed the relevant exemption forms with their brokers/ banks in order
to ensure that no South African tax is withheld.

The exchange rate applicable for the conversion of Swiss franc to rand for
payment of the dividend is ZAR 21.94500: Swiss franc 1. Accordingly, the net
dividend payable per JSE share after South African dividend tax is as set
out in the table below:
                         Swiss Shareholders   South African Shareholders
                         (CHF)                (ZAR cents)
Gross Dividend           3.00000              6 583.50000
Less 35% Swiss
withholding tax          1.05000              2 304.22500
Net Dividend
payable                  1.95000              4 279.27500
South African
Withholding tax at 5%    n/a                  329.17500
Net Dividend             n/a                  3 950.10000

The payment dates for the dividend in respect of the JSE shares are as
follows:

 Finalisation date                             Wednesday,10 September 2025
 Last date to trade "cum dividend"             Tuesday, 16 September 2025
 Trading commences "ex-dividend" from the
 commencement of business on                   Wednesday,17 September 2025
 JSE share record date                         Friday, 19 September 2025
 JSE share dividend payment date               Monday, 29 September 2025

JSE shareholders may not dematerialise or rematerialise their shares between
Wednesday, 17 September 2025 and Friday, 19 September 2025 both days
inclusive. No transfers of shareholdings to and from South Africa will be
permitted between Thursday, 11 September 2025 and Friday, 19 September 2025
(both dates inclusive).

CFR may appoint other parties to assist in the administration of the share
programme and may provide to such agents such information as it deems to be
appropriate, including information relating to the identity of holders of
JSE shares.

Richemont A shares are listed on the SIX Swiss Exchange, Richemont's
primary listing, and are included in the Swiss Market Index ('SMI') of
leading stocks. Richemont A shares are listed on the Johannesburg Stock
Exchange, Richemont's secondary listing.

10 September 2025

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 10-09-2025 01:10:00
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