HERMÈS - 2019 Universal Registration Document

INFORMATION ON THE COMPANY AND ITS SHARE CAPITAL INFORMATION ON SHARE CAPITAL AND SHAREHOLDERS

CHANGES IN SHARE CAPITAL OVER THE LAST

shareholders other than those shown in the tables on page 390, directly or indirectly holding, alone or together, more than 5% of the share capital or voting rights. The ownership interests of Corporate Officers and Senior Executives are listed on pages 286 and 287. To the Company’s knowledge, material changes in the ownership of the share capital over the past three years are described below under “Crossing of thresholds”. Given the time that has elapsed since it was established, the description of the procedures for setting up H51 is no longer in the Universal registration document. The definition and description of the organisation of the Hermès family group are presented on pages 458, 389 to 391 and 196 respectively. Significant movements occurring during the last three years in the distribution of its share capital and voting rights, and the reasons for these movements – Retention commitment According to the terms of a transaction signed on 3 September 2014, LVMH Moët Hennessy Louis Vuitton ("LVMH") (in its own name and on behalf of its subsidiaries), Christian Dior (in its own name and on behalf of its subsidiaries) and Financière Jean Goujon (in its own name and on behalf of its subsidiaries) undertook to no longer hold any Hermès International shares. These undertakings ended on 3 September 2019. On 25 April 2017, the Arnault family group, Christian Dior and LVMH launched a simplified public offering from the Arnault family group on Christian Dior shares that they did not hold on that date, open from 8 to 28 June 2017. On 4 July 2017, the results of this simplified public offering were the delivery, by Semyrhamis, of nearly 7 million shares in Hermès International to the ex-minority interests of Christian Dior, representing about 6.6% of the capital. Following the transaction, the Arnault family group held 1.87% of the capital and 1.13% of the voting rights of Hermès International (see AMF notice No. 217C1527 of 11 July 2017 and page 392).

7.2.1.3

THREE FINANCIAL YEARS

No change of capital occurred over the last three financial years

INFORMATION ON SHAREHOLDERS

7.2.2

NUMBER OF SHAREHOLDERS

7.2.2.1

Several times a year, the Company uses the Euroclear France “identifiable bearer shares” procedure (TPI, titres au porteur identifiable ) to identify its shareholders. During the study of 31 December 2019, there were approximately 101,800 shareholders; compared to approximately 105,000 as at 31 December 2018 and some 101,000 as at 31 December 2017.

PERCENTAGE OF INDIVIDUAL SHAREHOLDERS

7.2.2.2

The percentage of individual shareholders was 6.1% in December 2019, stable compared to the same period in 2018, regrouping the registered shares held as at 31 December 2019 by the individual shareholders and the bearer shares identified by the TPI on 31 December 2019, excluding holdings by family groups.

MAIN SHAREHOLDERS AS AT 31 DECEMBER 2019 – CONTROL OF THE COMPANY

7.2.2.3

Hermès International is controlled through the intermediary of Émile Hermès SARL, its Active Partner by the Hermès family group, which also holds, notably via the intermediary of the company H51, a majority shareholding (in capital and voting rights) within the Company as a Limited Partner. This control is exclusive control according to the meaning of Article L. 233-16 of the French Commercial Code ( Code de commerce ). The companies H51 and H2 are held exclusively by members of the Hermès family group. To the Company’s knowledge, there are no

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2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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