Bernard Arnault is and remains resident in France for tax purposes

Contrary to informations published today, Bernard Arnault states that he is and remains resident in France for tax purposes. The potential obtention of the French-Belgian double nationality is unrelated to that, nor does it affect his determination to pursue the development of the LVMH Group and job creations in France which derive from it. The LVMH Group hires year after year several thousand employees in France and has done so for 20 years; it contributes significantly to French exports. Bernard Arnault, whose roots are in the North of France, maintains numerous ties with Belgium, be they on the personal and family level, or on a business level. His private interests (Groupe Arnault) has made multiple investments in Belgium and intends to develop them. It is in this perspective that Bernard Arnault has applied for French-Belgian double nationality.