HERMÈS - 2019 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Reconciliation of free shares outstanding 33.2 The shares outstanding changed as follows during the financial year:

2019

2018

in shares

Outstanding as at 1 January

820,540

1,056,420

of which exercisable s

-

-

Issued

500.544 (39,000)

-

Exercised Cancelled Forfeited

(201,560)

-

-

(26.284)

(34,320) 820,540

Outstanding as at 31 December

1,255,800

of which exercisable s

-

-

Information on the free share allocation plans is provided in section 3.5.5 of this document (Table 9.1)

INFORMATION ON FEES

NOTE 34

During the 2019 financial year, the fees paid to the Statutory Auditors and to members of their networks were as follows:

Didier Kling & Associés, member of the Grant Thornton network

PricewaterhouseCoopers 1

2018 Breakdown

2019 Breakdown

2018 Breakdown

2019 Breakdown

In millions of euros

Certification of financial statements o/w Hermès International (parent company) s

0.3 1.5 1.7

12% 64%

0.3 1.7

11% 67%

0.2 0.6

22% 78%

0.2 0.3

31% 69% 99%

o/w fully consolidated subsidiaries s

5

Sub-total

75% 1.9

77% 0.8 100% 0.5

Services other than certification of financial statements 2 o/w Hermès International (parent company) s

0.3 0.3 0.6

12% 13%

0.1 0.5

3%

-

-

0.0 0.0 0.0

0% 1% 1%

o/w Fully consolidated subsidiaries s

19% 23%

0.0

0%

Sub-total

25% 0.6

-

-

TOTAL

2.3 100%

2.5 100%

0.8 100%

0.5 100%

Of which €0.7 million for certification of the financial statements and €0.2 million for services other than certification of financial statements by (1) PricewaterhouseCoopers Audit, Statutory Auditors of the Company and its French subsidiaries. Services other than certification of financial statements essentially concern the work of an independent third party on labour, societal and environmental information, and internal control reviews. Services other than certification of the financial statements mainly include technical consultations for our foreign subsidiaries relating to compliance with local and (2) international tax regulations, as well as various certifications and reviews of compliance and internal control.

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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