HERMÈS - 2019 Universal Registration Document

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

Public

Treasury shares

Total Hermès family group

32,0%

1,3%

66,7%

Spouse, children and grandchildren of the partners of Émile Hermès and their family holding companies

Partners of Emile Hermès SARL

HERMÈS FAMILY GROUP

H2

Emile Hermès SARL

Direct equity interests

H51

54,2% 6,6%

5,8%

Active partner

Shareholders (Limited partners)

HERMÈS INTERNATIONAL

CHANGE IN OWNERSHIP AND VOTING RIGHTS

7.2.2.6

During the last three financial years and to the Company’s knowledge, the distribution of capital and voting rights in the Company (by percentage) was as follows:

31/12/2019

31/12/2018

31/12/2017

Voting rights 1

Voting rights 1

Voting rights 1

Allocation of net income

Allocation of net income

Allocation of net income

Shareholders holding more than 5% of the capital or voting rights

Share capital

Share capital

Share capital

Other

Other

Other

H51

54.2% 63.8% 63.8% 54.2% 63.5% 63.5% 53.5% 63.3% 63.3%

H2 6.6% 7.9% 7.9% 6.5% 7.8% 7.8% 6.5% 7.9% 7.9% Other members of the Hermès family group 5.8% 4.5% 6.8% 6.0% 4.5% 6.8% 6.0% 4.6% 6.9% Sub-total Hermès family group 2 66.7% 76.1% 78.5% 66.7% 75.8% 78.1% 66.0% 75.8% 78.2% Public 3 4 5 32.0% 23.9% 21.5% 32.1% 24.2% 21.9% 32.7% 24.2% 21.8% Treasury shares 1.3% 0.0% 0.0% 1.2% 0.0% 0.0% 1.3% 0.0% 0.0% TOTAL 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 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. The definition of the Hermès family group is on page 458. (2) These percentages correspond to the total shares and voting rights in circulation, reduced by the number of shares and voting rights declared by the identified (3) shareholders as mentioned in this table. Including the Arnault family group. Refer to the threshold-crossing declaration of 11 July 2017 on page 392. (4) Mr Nicolas Puech did not indicate the number of shares he held at 31 December 2019. (5)

7

EMPLOYEE OWNERSHIP OF THE SHARE CAPITAL

employees for the future. Thus, the Hermès Group has offered its employees, in France and internationally, free share plans, granted in 2007, 2010, 2012, 2016 and 2019. In accordance with the authorisation granted by the General Meeting of 4 June 2019 in its fifteenth Resolution, the Executive Management approved the establishment on 1 July 2019 of two new free share allocation plans for all eligible employees of the Group, subject to the mechanisms applicable to existing free share plans, in particular

7.2.2.7

No shares are owned by employees of the Company or any affiliated entities via the Company savings plan or dedicated employee investment. Maison Hermès, faithful to its family tradition, involves all of its employees throughout the world with in the Group’s growth, through employee shareholding mechanisms, which form part of the Group’s long-term compensation policy and which help to motivate and retain its

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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