HERMÈS - 2019 Universal Registration Document

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CORPORATE GOVERNANCE SUPERVISORY BOARD'S' REPORT ON CORPORATE GOVERNANCE

The Chairman of the Supervisory Board can be invited to certain CAG-CSR Committee meetings in order to hear his opinion in matters of appointments or governance, which was the case in 2019. The Executive Chairmen are only invited for that part of meetings relating to the compensation of Executive Committee members (excluding the Executive Chairmen).

These rules of procedure provide that at least half of the members of the CAG-CSR Committee must, at the time of their appointment and for the duration of their mandate, be qualified as independent under the Supervisory Board’s rules of procedure.

The CAG-CSR Committee comprised the following members at 31 December 2019:

Term of office on the Board

Length of service on the Committee

2019 DATA 7 MEETINGS _ 67 % INDEPENDENCE _

Personal details

Independence Date of appointment

Attendance

Dominique Senequier (F) (Chairwoman) Nationality: French 66 years (1) – 21/08/1953 Estelle Brachlianoff (F) Nationality: French 47 years (1) – 26/07/1972 Matthieu Dumas (M) Nationality: French 47 years (1) – 06/12/1972

9

04/06/2013

2022 GM 6.5 years

100.00%

9

04/06/2019

2022 GM 0.5 year

100.00%

67 % WOMEN

03/06/2008

2021 GM 11.5 years

100.00%

AVERAGE ATTENDANCE 100.00% (2)

(1) The age indicated is determined as of the date of filing of this Universal registration document, i.e. 25 March 2020. (2) This figure reflects the average attendance of the members of the Audit and Risk Committee in office as of 31 December 2019, and does not take into account members who left the Committee during the year.

Changes in 2019

Departures

Appointments

Renewals

s The term of office of Mr Robert Peugeot, an independent member of the Supervisory Board of Hermès International since 2007 and member of the Audit and Risk Committee and the CAG-CSR Committee, expired at the end of the General Meeting of 4 June 2019; s Ms Sharon MacBeath resigned from her office as a member of the Supervisory Board for personal reasons effective 20 March 2019, meaning that she also resigned from her office as a member of the CAG-CSR Committee.

s Ms Estelle Brachlianoff was appointed as an independent member of the Supervisory Board at the General Meeting of 4 June 2019 and joined the CAG-CSR Committee.

s The term of office of Ms Dominique Senequier was renewed at the General Meeting of 4 June 2019.

Attendance Details of the attendance of members of the CAG-CSR Committee are provided in section 3.4.6.3 “Attendance” above.

Duties of the CAG-CSR Committee The CAG-CSR Committee studies and prepares certain proceedings of the Supervisory Board and submits its opinions, proposals or recommendations to the Board. Without prejudice to the powers of the Supervisory Board, which it does not replace, the main duties of the CAG-CSR Committee are as follows: tasks relating to compensation (in particular: be consulted on and s prepare the Supervisory Board’s recommendations to the Executive Management on the terms and conditions of compensation of the members of the Executive Committee, ensure that the compensation of and other commitments made to the Executive Chairmen comply with the Articles of Association and the decisions made by the Active Partner, evaluate the achievement of the indicators comprising the

CSR criterion for the variable compensation of the Executive Chairmen); CSR tasks (assist the Supervisory Board in monitoring CSR issues and s in monitoring social, non-discrimination and diversity policy); governance-related tasks (in particular: manage the annual s Supervisory Board evaluation process, recommend, as needed, revisions to corporate governance rules); appointment-related tasks (in particular: prepare the Board’s s proposals to the Active Partner concerning the composition of the Supervisory Board, ensure the existence of succession plans for Corporate Officers and the Chairman of the Supervisory Board). The details of the various tasks are set out in the Committee’s rules of procedure on pages 282 et seq .

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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