CLOSING STATEMENT Luxury is seen as a privilege for few, but it creates desire and beauty for many. Because of this, we believe that, as a luxury brand, the way we operate can and should represent the best in society. We are convinced that only an exemplary luxury brand that contributes in an exemplary way to a better world will remain desirable and relevant for all tomorrow. In certain areas, thanks to our long-term approach, we have made some concrete progress. We are aware that in other areas, we still have significant work to do, and we are constantly trying to step up our ambitions and commitments to strive toward exemplarity. We know, as well, that we cannot achieve this alone. We look forward to engaging more with our stakeholders, to listening and learning about how we can achieve our objectives and ambitions faster, and with ever more positive impacts. This report is CHANEL’s first step in a commitment to sharing more with stakeholders in the coming years. We see this engagement as the very best way for us to fulfill our obligations to society, and to be exemplary in the luxury industry.