Richemont announces the end of the share buy-back programme initiated in May 2014 and the launch of a new programme Compagnie Financière Richemont SA Depositary Receipts issued by Richemont Securities SA (“Richemont Securities” or “Richemont”) (Incorporated in Switzerland) Share code: CFR ISIN: CH0045159024 Depositary Receipt Code: CFR COMPANY ANNOUNCEMENT FOR IMMEDIATE RELEASE 12 MAY 2017 RICHEMONT ANNOUNCES THE END OF THE SHARE BUY-BACK PROGRAMME INITIATED IN MAY 2014 AND THE LAUNCH OF A NEW PROGRAMME Richemont’s three-year share buy-back programme announced on 15 May 2014 ended today. Under the programme, the Company repurchased a total of 5 185 000 ‘A’ shares, representing 0.9 % of the capital and 0.5 % of the voting rights of Compagnie Financière Richemont SA. Richemont’s share purchase history can be found on the Company’s website at: https://www.richemont.com/investor-relations/share-buy-back-information.html In addition, Richemont announces a new programme to buy-back up to 10 million Richemont ‘A’ shares through the market over the next three years, representing 1.7 % of the capital and 1.0 % of the voting rights of Compagnie Financière Richemont SA. Purchases will be effected through ‘A’ share purchases on SIX Swiss Exchange at prevailing market prices. The ‘A’ shares acquired will not be cancelled and no second trading line will be introduced as a consequence of the buy-back programme. The ‘A’ shares to be acquired will be held in treasury to hedge awards to executives under the Group’s stock option plan. Richemont currently holds 9.4 million ‘A’ shares in treasury as a consequence of previous buy- back programmes, which were also linked to the Group’s stock option plan. Those shares represent 1.6 % of the capital and 0.9 % of the voting rights of the Company. ______________________________________ Enquiries: Sophie Cagnard, Group Corporate Communications Director E-mail: investor.relations@cfrinfo.net Tel +33 1 58 18 25 97 pressoffice@cfrinfo.net Tel +41 22 721 35 07 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 South African Depository Receipts are listed in Johannesburg, Richemont’s secondary listing. Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited) COMPAGNIE FINANCIÈRE RICHEMONT SA 50, CHEMIN DE LA CHENAIE CP30 1293 BELLEVUE - GENEVA SWITZERLAND TELEPHONE +41 (0)22 721 3500 TELEFAX +41 (0)22 721 3550 WWW.RICHEMONT.COM Date: 12/05/2017 07:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.