HERMÈS - 2019 Universal Registration Document

INFORMATION ON THE COMPANY AND ITS SHARE CAPITAL PRESENTATION OF HERMÈS INTERNATIONAL AND ÉMILE HERMÈS SARL

COMMENTED ARTICLES OF ASSOCIATION

2 – Purpose The Company’s purpose, in France and in other countries, is:

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OF HERMÈS INTERNATIONAL

to acquire, hold, manage, and potentially sell direct or indirect equity s interests in any legal entity engaged in the creation, production and/or sale of quality products and/or services, and, in particular, in companies belonging to the Hermès Group; to provide guidance to the Group it controls, in particular by providing s technical assistance services in the legal, financial, corporate, and administrative areas; to develop, manage and defend all rights it holds to trademarks, s patents; designs, models, and other intellectual or industrial property, and in this respect, to acquire, sell or license such rights; to participate in promoting the products and/or services distributed s by the Hermès Group; to purchase, sell and manage all property and rights needed for the s Hermès Group’s business operations and/or for asset and cash management purposes; and more generally, to engage in any business transaction of any kind s whatsoever in furtherance of the corporate purpose. 4 – Registered office The Company’s registered office is located at 24, rue du Faubourg-Saint-Honoré, 75008 Paris, France. It may be transferred: to any other location in the same department, by a decision of the s Executive Management, subject to ratification of such decision at the next Ordinary General Meeting; and to any other location, by a decision of the Extraordinary General s Meeting. 5 – Term The Company will be dissolved automatically on 31 December 2090, unless it is dissolved previously or unless its duration is extended. 3 – Company name The Company’s name is “Hermès International”.

Additional information is provided in insets in italics.

1 – Legal form The Company is a société en commandite par actions (partnership

limited by shares) between: its Limited Partners; and s

its Active Partner, Émile Hermès SARL, with registered office located s at 23 rue Boissy-d’Anglas in Paris (75008). The Company is governed by the laws and regulations applicable to sociétés en commandite par actions (partnership limited by shares) and by these Articles of Association. The Company was converted into a société en commandite par actions (partnership limited by shares) by a decision of the Extraordinary General Meeting held on 27 December 1990, in order to preserve its identity and culture and thus ensure its sustainability over the long term, in the interests of the Group and all shareholders. The rules governing the operation of a société en commandite par actions are the following: the Active Partner or partners are jointly and severally liable for s all the Company’s debts, for an indefinite period of time; the Limited Partners (or shareholders), who contribute capital, s are liable in this capacity as shareholders only up to the amount of their contribution; the same party may be both an Active Partner and a Limited s Partner; one or more Executive Chairmen, selected from among the s Active Partners or from outside the Company, are chosen to manage the Company; the Supervisory Board is appointed by the Ordinary General s Meeting (Active Partners, even if they are also Limited Partners, cannot vote on their appointment). It exercises ongoing control over the Company’s management, and as such has the same powers as the Statutory Auditors.

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2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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