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At the combined general meeting of LVMH Moët Hennessy-Louis Vuitton held today, the shareholders have approved the exceptional distribution in kind offering two (2) Hermès shares for forty-one (41) LVMH shares held (the « Distribution in Kind »).
The amount of the Distribution in Kind attributed to each LVMH share will, from a tax standpoint, be qualified as (i) a distribution of income up to and including an amount corresponding to an Hermès.
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