HERMÈS - 2019 Universal Registration Document

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CORPORATE GOVERNANCE OTHER INFORMATION FROM THE EXECUTIVE MANAGEMENT’S REPORT

4. Compensation of the Audit and Risk Committee Compensation of Audit and Risk Committee members is defined by the Supervisory Board and deducted from the total amount of directors’ fees. 5. Self-evaluation of the Audit and Risk Committee The Audit and Risk Committee regularly evaluates its performance in conjunction with the self-evaluation of the Board. The members of the Audit and Risk Committee are specifically called on anonymously through a self-evaluation questionnaire. As part of this process the different areas of responsibility and commitment of the Audit and Risk Committee and its members are reviewed and evaluated and any applicable recommendations for improving performance are made.

Information provided to the Audit and Risk Committee 3.3 The Audit and Risk Committee is entitled to all the documents it needs to carry out its duties notably from employees of Hermès International and the Statutory Auditors. In particular it must receive a regular summary of the work of the audit and risk management department. The Audit and Risk Committee’s examination of the financial statements must be prepared in accordance with (and accompanied by) a presentation by the Statutory Auditors highlighting the essential points relating not only to results but also to the chosen accounting options together with a presentation by the Financial Director describing the Company’s exposure to risks and its significant off-balance sheet commitments. The Audit and Risk Committee examines the Group’s budgets in a final summary before presentation to the Supervisory Board in order to understand and validate the strategy underlying them. It may, if necessary, request the intervention of an external expert to carry out additional studies.

OTHER INFORMATION FROM THE EXECUTIVE MANAGEMENT’S REPORT

INTERESTS OF CORPORATE OFFICERS AND EXECUTIVE COMMITTEE MEMBERS IN THE SHARE

3.8

CAPITAL

In accordance with point 16.1 of Annex 1 to Commission Delegated Regulation (EU) 2019/980, the direct interests of Senior Executives in the Company’s share capital at 31 December 2019, as reported to the Company, were as follows.

Shares in full ownership or with usufruct 1 (Ordinary General Meeting votes on the allocation of net income)

Shares in full or bare ownership 1 (other General Meeting votes)

Number of shares

Number of shares

% Number of votes

%

% Number of votes

%

SHARE CAPITAL AT 31/12/2019 105,569,412 100.00% 176,746,892 100.00% 105,569,412 100.00% 176,746,892 100.00%

Executive Chairmen Émile Hermès SARL

33,236 0.03% 10,418 0.01%

33,238 0.02% 16,776 0.01%

33,236 0.03% 10,418 0.01%

33,238 0.02% 16,776 0.01%

Mr Axel Dumas

Members of the Supervisory Board Éric de Seynes

203 0.00% 200 0.00% 69,148 0.07% 100 0.00% 60 0.00% 250 0.00% 213 0.00% 200 0.00% 5,825 0.01% 306,312 0.29%

406 0.00% 230 0.00%

203 0.00% 200 0.00% 69,148 0.07% 100 0.00% 60 0.00% 250 0.00% 213 0.00% 200 0.00% 5,825 0.01%

406 0.00% 230 0.00%

Dorothée Altmayer Charles-Éric Bauer Estelle Brachlianoff Pureza Cardoso Monique Cohen Matthieu Dumas Blaise Guerrand Julie Guerrand Olympia Guerrand

138,296 0.08% 100 0.00% 60 0.00% 500 0.00% 426 0.00% 400 0.00% 10,630 0.01%

138,296 0.08% 100 0.00% 60 0.00% 500 0.00% 426 0.00% 400 0.00% 10,630 0.01% 341,012 0.19%

341,012 0.19% 306,312 0.29%

Rémy Kroll

50 0.00%

80 0.00%

50 0.00%

80 0.00%

Renaud Momméja Dominique Senequier

150,012 0.14%

228,066 0.13% 150,012 0.14%

228,066 0.13%

200 0.00% 400 0.00% Voting rights that can be exercised in the General Meeting. In accordance with Article 12 of the Articles of Association of the Company, the voting right is exercised by 1) the bare owner for all decisions taken by all General Meetings, except for decisions concerning the allocation of net income, for which the voting right is exercised by the usufructuary. The procedures for publication and allocation of voting rights are detailed on page 388. 400 0.00% 200 0.00%

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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