Corporate governance as of December 31, 2017

Bernard ARNAULT Chairman of the Board
Sidney TOLEDANO Chief Executive Officer and Vice-Chairman
Delphine ARNAULT (b)
Nicolas Bazire (d)
Hélène DESMARAIS (a) (b)
Renaud DONNEDIEU de VABRES (a)
Ségolène GALLIENNE (a)
Christian de LABRIFFE (a)
Maria Luisa LORO PIANA
(a)
Independent Director.
(b)
Renewal proposed at the Shareholders' Meeting of April 12, 2018.
(d)
Ratification of the appointment of Nicolas Bazire as Director at the Shareholders' Meeting of April 12, 2018.
Pierre GODÉ(c)
Jaime de MARICHALAR y SÁENZ de TEJADA(b)
(b)
Renewal proposed at the Shareholders' Meeting of April 12 ,2018.
(c)
Deceased on January 31th, 2018.
Christian de LABRIFFE (a) Chairman
Nicolas BAZIRE(d)
Renaud DONNEDIEU de VABRES (a)
(a)
Independent Director.
(d)
Ratification of the appointment of Nicolas Bazire as Director at the Shareholders' Meeting of April 12, 2018.
Hélène DESMARAIS (a)(b) Chairman
Nicolas BAZIRE(d)
Christian de LABRIFFE (a)
(a)
Independent Director.
(b)
Renewal proposed at the Shareholders' Meeting of April 12, 2018.
(d)
Ratification of the appointment of Nicolas Bazire as Director at the Shareholders' Meeting of April 12, 2018.
ERNST & YOUNG et Autres represented by Jeanne Boillet
MAZARS represented by Simon Beillevaire