HERMÈS - 2019 Universal Registration Document

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CORPORATE GOVERNANCE SUPERVISORY BOARD'S' REPORT ON CORPORATE GOVERNANCE

NUMBER OF SUPERVISORY BOARD MEMBERS AND BALANCED REPRESENTATION OF MEN AND WOMEN –

3.4.4.2

NUMBER OF EMPLOYEE REPRESENTATIVES

31/12

2011

2012

2013

2014

2015

2016

2017

2018

2019

Number

10

11

11

10

10

10

12

12

12

F

20% 80%

18% 82%

27% 73%

40% 60%

40% 60%

40% 60%

50% 50%

50% 50%

50% 50%

M

Employee rep.

n/a

n/a

n/a

1

1

1

1

1

2

n/a not applicable. Only Board members appointed by the General Meeting (Article L. 225-79-2 II of the French Commercial Code (Code de commerce)) are included in the calculation of the percentage of women members, not employee representatives.

SELECTION PROCESS FOR SUPERVISORY

Employee representatives appointed by the Group Works Council (Article L. 225-69-1 of the French Commercial Code (Code de commerce)) Law 2019-486 of 22 May 2019 on the growth and transformation of companies (known as the “Pacte” law) ushers in the requirement that Supervisory Boards with more than eight members appoint two employee representatives, one male and one female. Conditions of eligibility are as follows: hold an employment contract for more than two years; s have a clean criminal record; s complete the application form prepared by the Group Works Council. s Each trade union active at Group level may submit a candidate through its union representative on the Group Works Council. Each Economic and Social Committee, Works Council or single staff delegation (and for companies without such bodies, the College of Staff Representatives) may nominate one candidate by secret ballot. As an exception, companies with more than 300 employees may present two candidates (one male and one female). Candidates submitted by representative trade union organisations and employee representative bodies are examined by the Group Works Council, which appoints two employee representatives to the Supervisory Board, one male and one female, in two rounds.

3.4.4.3

BOARD MEMBERS

Board members appointed by the General Meeting The selection process for Board members appointed by the General Meeting is as follows: the Supervisory Board sets objectives for changes in its composition; s a recruitment advisor is tasked with identifying candidates (male s and/or female) in addition to those proposed by the Executive Management Board and Supervisory Board; the profiles of male or female candidates from a variety of s backgrounds and likely to be interested in joining the Supervisory Board are then preselected by the recruitment advisor; on the basis of a detailed report and an oral presentation from the s recruitment advisor, the Chairman of the Supervisory Board and a member of the CAG-CSR Committee draw up a shortlist of candidates whom they will meet individually; the selected candidates then meet the other members of the s CAG-CSR Committee and the Executive Chairmen; the CAG-CSR Committee discusses the results of these interviews and s submits its recommendations to the Émile Hermès SARL Executive Management Board and the Supervisory Board.

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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