Disclosure of management transaction Compagnie Financière 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 2 DECEMBER 2020 DISCLOSURE OF MANAGEMENT TRANSACTION 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 securities. 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 Financière Richemont SA Date of transaction / date of trade 1 December 2020 execution Transaction executed by A non-executive member of the Board of Directors. Transaction executed by a related legal entity Type of transaction Purchase Type of rights Other securities Total amount of rights 11'250'000 Transaction value CHF 1'969'875.00 ISIN CH0559601544 Further transaction details Average price: CHF .1751. Principal terms of the financial CFR A Warrants. instruments 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) Date: 03-12-2020 07:05:00 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.