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● . Financial highlights Sales in the quarter increased by 1 % at actual exchange rates and by 5 % at constant exchange rates compared to the prior year period , in a continuously volatile environment TRADING UPDATE FOR THE THIRD QUARTER ENDED 31 DECEMBER 2020 RICHEMONT COMPANY ANNOUNCEMENT Robust sales in Asia Pacific and the Middle East and Africa , both with double digit growth at actual exchange rates , more than offset single digit declines in the Americas and Japan and a marked contraction in Europe Sales by region Europe Asia Pacific Americas Japan Middle East and Africa A double digit increase in online retail sales and single digit progression in retail sales compensated lower wholesale sales at actual exchange rates 20 JANUARY 2021 Strong performance from the Jewellery Maisons ; broadly stable or lower performances from the other business areas at actual exchange rates Sales by business area Jewellery Maisons Specialist Watchmakers Sales by distribution channel Retail Online retail Wholesale & royalty income Online Distributors Other Inter - segment eliminations Total Sales October December 2020 € m 982 1 729 841 335 299 2 288 841 1 057 2 366 758 668 436 -42 4 186 October December 2019 € m 1 263 1 429 874 341 249 2 212 747 1 197 2 162 818 670 522 -16 4 156 Change at constant exchange rates versus prior period -20 % + 25 % + 3 % + 1 % + 27 % + 8 % + 17 % -8 % + 14 % -4 % + 4 % -13 % + 180 % + 5 % Change at actual exchange rates versus prior period -22 % + 21 % -4 % -2 % + 20 % + 3 % + 13 % -12 % + 9 % -7 % 0 % -16 % + 163 % + 1 % COMPAGNIE FINANCIERE RICHEMONT SA 50 , CHEMIN DE LA CHENAIE CASE POSTALE 30 | 1293 BELLEVUE | GENEVA | SWITZERLAND TELEPHONE +41 ( 0 ) 22 721 3500 WWW.RICHEMONT.COM