Communities

Richemont and each of its Maisons seek to contribute to the health, well-being, and sustainable
economic development of the wider community.

Globally, our customers increasingly expect and reward companies that support social and
environmental causes in imaginative ways.

Locally, we depend on the communities around many of our manufacturing plants and some
communities depend on us as a source of employment and tax revenue.

The Group’s approach to community activities is set out in Corporate Social Responsibility
Guidelines. These guidelines provide a framework within which Maisons can select appropriate
activities to support. Our Maisons and our employees have a long history of supporting a wide
range of charitable causes. Similarly, our Maisons embody the essence of arts and crafts and
benefit from operating in societies that are culturally rich.

The four broad areas in which we seek to contribute are:

Charitable involvement
Sponsorship activities
Fostering new talent by way of training programmes, including apprenticeships.
Responsible citizen, for example through the payment of local and national taxes.

Community spend 2009-2010

This year our total community spend was €17 million compared to €20 million the previous year.
This equates to 2.4% of our profit before tax.