Sales increase of 8% for the third quarter and 18% for the nine months ended 31 December 2022 Compagnie Financière Richemont SA Depository Receipts issued by Richemont Securities SA ("Richemont Securities" or "Richemont" or "the Company" or "the Group") (Incorporated in Switzerland) Share code: CFR ISIN: CH0045159024 Depository Receipt Code: CFR AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR 18 JANUARY 2023 RICHEMONT REPORTS SALES INCREASE OF 8% FOR THE THIRD QUARTER AND 18% FOR THE NINE MONTHS ENDED 31 DECEMBER 2022 Highlights * Sales up by 5% at constant exchange rates and by 8% at actual exchange rates, on the back of strong comparatives and disruption of trading in mainland China due to Covid * Sales growth across all regions with the exception of Asia Pacific, significantly impacted by mainland China’s underperformance * Growth across all distribution channels, led by retail and online retail channels * Double-digit sales growth reported at the Jewellery Maisons and Other business areas (+8% and +6% at constant exchange rates, respectively) offsettting a 3% sales reduction at the Specialist Watchmakers (-5% at constant exchange rates) * Further increase of the Group’s net cash position to EUR 5.5 billion, up EUR 0.6 billion, following the quarter’s solid trading, notwithstanding increased dividend and stock replenishment during the year October-December 2022 2021* % change EURm EURm constant rates actual rates By region Europe 1 277 1 089 +19% +17% Asia Pacific 1 901 2 035 -9% -7% Americas 1 320 1 137 +3% +16% Japan 477 366 +43% +30% Middle East & Africa 428 356 +10% +20% By distribution channel Retail 3 718 3 400 +6% +9% Online retail 391 350 +6% +12% Wholesale & royalty income 1 294 1 233 +1% +5% By business area Jewellery Maisons 3 722 3 343 +8% +11% Specialist Watchmakers 952 977 -5% -3% Other 729 663 +6% +10% Total 5 403 4 983 +5% +8% * Prior-year period comparatives have been represented as YNAP results are presented as ‘discontinued operations’ and Watchfinder & Co. reclassified to the ‘Other’ business area. Please contact Computershare at Web.Queries@Computershare.co.za if you wish to receive any documents electronically for Richemont. This short form announcement is the responsibility of the directors of Compagnie Financière Richemont SA and is a summary of the information contained in the full announcement which is available on the Stock Exchange News Service ("SENS") at: https://senspdf.jse.co.za/documents/2023/JSE/ISSE/CFR/FY23Q3.pdf and on the Group's website: https://www.richemont.com/en/home/media/press-releases-and-news/ This announcement does not contain full or complete details and any investment decision by investors and/or shareholders in relation to the Company's shares should be based on a consideration of the full announcement. The full announcement is also available for inspection, at no charge, at the Company's registered office (50 Chemin de la Chênaie, 1293 Bellevue, Geneva, Switzerland) and the office of the Sponsor during standard office hours. 'A' shares issued by Compagnie Financière Richemont SA are listed and traded on SIX Swiss Exchange, the Company's primary listing (Reuters 'CFR.VX'/Bloomberg 'CFR:VX'/ISIN CH0210483332). South African depository receipts in respect of Richemont 'A' shares are traded on the Johannesburg Stock Exchange, the Company's secondary listing, (Reuters 'CFRJ.J'/Bloomberg 'CFR:SJ'/ISIN CH0045159024). Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited) 1 Merchant Place, Corner of Fredman Drive and Rivonia Road, Sandton, 2196 Telephone: (011) 282 8231 Date: 18-01-2023 08:00:00 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.