24 Aug - 2 min read

Disclosure of management transaction

Disclosure of management transaction

Compagnie Financiere Richemont SA ("The Company")
Depository Receipts issued by Richemont Securities SA 
("Richemont Securities" or "Richemont") 
(Incorporated in Switzerland) 
Share code: CFR 
ISIN: CH0045159024 
Depository Receipt Code: CFR

24 AUGUST 2021


Pursuant to Article 56 of the SIX Swiss Exchange ("SIX") listing rules and the Directive on Disclosure of Management Transactions, the Company has been notified of a trade carried out by a member of the Board of Directors in respect of the Company's shares.

The Company is required, pursuant to section 18.20(e) of the JSE Listings Requirements, to announce on SENS the equivalent information that is made publicly available on the SIX.

As a consequence, the following information is disclosed:

|Issuer                        |Compagnie Financiere Richemont SA     |
|Date of transaction /         |23 August 2021                        |
|date of trade execution       |                                      |
|Capacity of the person subject|Non-executive member of the           |
|to the reporting obligation   |Board of Directors                    |
|Type of transaction           |Sale                                  |
|Total amount of rights        |68'626 securities                     |
|Transaction value             |CHF 3'050'425.70                      |
|Type of rights                |Registered shares                     |
|ISIN                          |CH0210483332                          |
|Principal terms of            |Exersale: Exercise of                 |
|the financial instruments     |executive stock options received under|
|                              |Group stock option plan.              |
|Further transaction details   |Strike price: CHF 56.55               |

Richemont A shares are listed on the SIX Swiss Exchange, Richemont's primary listing, and are included in the Swiss Market Index ('SMI') of leading stocks. Richemont South African Depository Receipts are listed on the JSE, Richemont's secondary listing.

Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited)

TELEPHONE +41 (0)22 721 3500 

Date: 24-08-2021 10:30:00
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