HERMÈS - 2019 Universal Registration Document

CORPORATE GOVERNANCE SUPERVISORY BOARD'S' REPORT ON CORPORATE GOVERNANCE

TABLES REQUIRED BY THE AFEP-MEDEF

STOCK PURCHASE OPTIONS

3.5.5

3.5.4.3

CODE FOR THE PRESENTATION OF CERTAIN COMPONENTS OF COMPENSATION

The Executive Management was authorised by the Extraordinary General Meeting to grant stock options to certain employees and Corporate Officers of the Company and of affiliated companies. These delegations of authority were not used in 2019. As shown in the table N° 8.1 on page 274, no stock option plans existed at 31 December 2019.

You will find below the standardised presentation of all components of compensation provided for by annex 4 of the Afep-Medef Code (updated in January 2020). The variable compensation of the Executive Chairmen awarded in respect of 2019 must, from 2020, be submitted to the approval of the General Meeting before its payment. Consequently, Table 1 shows the amounts paid during the financial year and Table 2 shows the amounts paid during the year and awarded in respect of the financial year.

STOCK SUBSCRIPTION OPTIONS

3.5.4.4

All subscription option plans lapsed in 2009. No authorisation from the General Meeting allows the Executive Management to grant subscription options.

3

TABLE 1 Table summarising compensation paid and options and shares allocated to each Executive Chairman during the financial year 2019

2018

From 01/01/2019 to 31/12/2019

From 01/01/2018 to 31/12/ 2018

Mr Axel Dumas

Compensation paid during the financial year (detailed in Table 2) Valuation of options granted during the financial year (detailed in Table 4)

€3,403,423

€3,092,816

n/a n/a n/a

n/a n/a n/a

Value of performance-based shares granted during the financial year (detailed in table 6)

Valuation of other long-term compensation plans

TOTAL

€3,403,423 €3,403,423

€3,092,816 €3,092,816

Total natural person as Executive Chairmen

From 01/01/2019 to 31/12/2019

From 01/01/2018 to 31/12/2018

Émile Hermès SARL

Compensation paid during the financial year (detailed in Table 2) Valuation of options granted during the financial year (detailed in Table 4) Value of performance-based shares granted during the financial year (detailed in table 6)

€1,381,933

€1,256,409

n/a

n/a

n/a n/a

n/a n/a

Valuation of other long-term compensation plans

TOTAL

€1,381,933 €1,381,933

€1,256,409 €1,256,409

Total legal entity as Executive Chairmen

n/a: not applicable.

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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