Compagnie Financière Richemont SA - Share Buy-Back Information

Share Buy-Back Information

2010-2012 Share buy-back programme

On 27 May 2010, Richemont announced a new programme to buy-back up to 10 million Richemont ‘A’ shares through the market over the next two years, representing 1.7 per cent of the capital and 1.0 per cent of the voting rights of Compagnie Financière Richemont SA. 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. See press release below.

On 19 May 2011, Richemont announced an extension to the 2010-2012 programme. The buy-back of a further 5 million shares is envisaged. The extended programme thus amounts to 15 million ‘A’ shares, representing 2.61 per cent of the capital and 1.44 per cent of the voting rights. See press release below in English, French and German.

Purchases may be effected through share purchases on SIX Swiss Exchange and the purchase of depositary receipts on the Johannesburg market at prevailing market prices or through the exercise of over-the-counter call options.

The extension to the programme necessitates regular reporting in accordance with the regulations of the Swiss Takeover Board. The evolution of the programme from 19 May 2011 may be viewed at the following address : http://www.copa.ch/transactions/detail/nr/0480

The completion of the programme will be announced by way of a press release.