Alan Quasha Report

In recent news for Compagnie Financière Richemont SA, Mr. Norbert Platt, the current CEO will be stepping down and retiring at the end of the year for health reasons. His position will be replaced, starting April 1, 2010, by Mr. Johann Rupert, the Group’s Executive Chairman. Mr. Platt will remain as the director of Richemont and he will act as an advisor to the Group, including Alan Quasha, a Non-Executive Director.

Commenting on the changes, Mr. Rupert explains, “Since he took up the role of Chief Executive Officer in 2004, Norbert has achieved remarkable results in terms of building the Group, rationalising its operations and improving our logistics infrastructure. Over the period we
have seen a dramatic growth in sales and profitability at Richemont.”