COMPAGNIE FINANCIERE RICHEMONT SA - Compagnie Financiere Richemont SA exchange rate applicable for the dividend payable on South African A shares (JSE shares)

Compagnie Financiere Richemont SA – exchange rate applicable for the dividend payable on South African ‘A’ shares (‘JSE shares’)

Compagnie Financiere Richemont SA
("Richemont" or “the Company” or “the Group”)
(Incorporated in Switzerland)
Share code: CFR
ISIN: CH0210483332

COMPAGNIE FINANCIERE RICHEMONT SA – EXCHANGE RATE APPLICABLE FOR THE DIVIDEND
PAYABLE ON SOUTH AFRICAN ‘A’ shares (‘JSE shares’)

The foreign dividend payable to holders of CFR shares on the JSE resident in
South Africa is derived from the dividend paid by Compagnie Financiere
Richemont SA, Switzerland (‘CFR’) to holders of Richemont ‘A’ shares.

The dividend payable for the CFR shares on the JSE is payable in Rand and
will be effected via CSD participants in Strate for all dematerialised
holdings.

The board of directors of CFR has recommended a dividend of CHF 3.30000 per
‘A’ share from income reserves, as well as a special dividend of CHF 1.00000
per ‘A’ share from income reserves. The dividend was approved by shareholders
of CFR at the annual general meeting on Wednesday 9 September 2026 in Geneva.
The dividends payable by CFR will be subject to Swiss withholding tax of
35%, resulting in a net dividend of CHF 2.14500 and CHF 0.65000 per ‘A’
share. Per the DTA agreement of 15% between Switzerland and South Africa,
South African tax residents are eligible to recover 20% of the 35% Swiss
withholding tax levied on the CFR dividend.

Following the increase in the South African dividends tax rate from 15% to
20% a revised binding class ruling was obtained from the South African
Revenue Service. In terms of this ruling, those JSE shareholders who are not
exempt from the South African dividends tax will be subject to a rate of 5%
South African tax because of the credit available in respect of the Swiss
withholding tax paid. Those JSE shareholders who qualify for exemption from
the South African tax (e.g. South African companies and non-residents of
South Africa) must ensure that they have filed the relevant exemption forms
with their brokers/ banks in order to ensure that no South African tax is
withheld.

The exchange rate applicable for the conversion of Swiss franc to rand for
payment of the dividend is ZAR 19.82150 : Swiss franc 1. Accordingly, the
net dividend payable per JSE share after South African dividend tax is as
set out in the tables below:

                         Swiss Shareholders   South African Shareholders
                         (CHF)                (ZAR cents)
Ordinary Dividend        3.30000              6 541.09500
Less 35% Swiss           1.15500              2 289.38325
withholding tax
Net Dividend             2.14500              4 251.71175
payable
South African            n/a                  327.05475
Withholding tax at 5%
Net Dividend             n/a                  3 924.65700


                         Swiss Shareholders   South African Shareholders
                         (CHF)                (ZAR cents)
Special Dividend         1.00000              1 982.15000
Less 35% Swiss           0.35000              693.75250
withholding tax
Net Dividend             0.65000              1 288.39750
payable
South African            n/a                  99.10750
Withholding tax at 5%
Net Dividend             n/a                  1 189.29000

The payment dates for the ordinary and special dividends in respect of the
JSE shares are as follows:

 Finalisation date                                  Wednesday,9 September 2026
 Last date to trade “cum dividend”                  Tuesday, 15 September 2026
 Trading commences “ex-dividend” from the
 commencement of business on                       Wednesday,16 September 2026
 JSE share record date                               Friday, 18 September 2026
 JSE share dividend payment date                     Monday, 28 September 2026


JSE shareholders may not dematerialise or rematerialise their shares between
Wednesday, 16 September 2026 and Friday, 18 September 2026 both days
inclusive. No transfers of shareholdings to and from South Africa will be
permitted between Thursday, 10 September 2026 and Friday, 18 September 2026
(both dates inclusive).

CFR may appoint other parties to assist in the administration of the share
programme and may provide to such agents such information as it deems to be
appropriate, including information relating to the identity of holders of
JSE shares.

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 A shares are listed on the Johannesburg Stock
Exchange, Richemont's secondary listing.

9 September 2026

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 09/09/2026 12:40:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.