Simplified control structure

Structure

(1) Management and personnel hold 1.9% of the capital
(2) CHEVAL BLANC FINANCE has joint control with LVMH (50-50%) on CHATEAU CHEVAL BLANC
(4) 75.5% of the voting rights
(5) 52% of the voting rights
(6) ONTEX (15%)
(7) SAGARD, ERGON, KARTESIA, MERIEUX DEVELOPPEMENT, PRIMESTONE and BDT CAPITAL PARTNERS