HERMÈS - 2019 Universal Registration Document

7

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

concerning the reference and holding periods. These allocations are subject to presence conditions and, where applicable, performance conditions, with vesting periods of four to five years. On 31 December 2019, employee shareholding, based on plans already allocated and/or vested, involved a significant part of the Group’s workforce, accounting for the holding of 889,389 Hermès International shares, representing 0.84% of the Group’s share capital. Taking into account rights under the last 2019 plans, employee shareholding involved more than 13,000 Group employees.

representing the same number of voting rights, namely 1.70% of the capital and 1.03% of the voting rights of this company; on 4 July 2017, the Arnault family group declared that it had • crossed below the thresholds of 5% of the capital and voting rights of Hermès International and held, directly and indirectly, through the intermediary of the companies that it controls, 1,974,538 shares in Hermès International, representing the same number of voting rights, namely 1.87% of the capital and 1.13% of the voting rights of this company, divided as follows:

CROSSING OF THRESHOLDS

7.2.2.8

% share capital

Voting rights

% voting rights

Shares

Crossings of thresholds occurring after the closure of the 2019 financial year No crossing of a legal threshold was declared between the closure of the 2019 financial year, and 29 February 2020.

Semyrhamis

1,790,981 1.70 1,790,981 1.03

LVMH

0 0

- -

0 0

- -

Christian Dior Arnault family

183,557 0.17 183,557 0.11

TOTAL ARNAULT FAMILY GROUP

Crossing of thresholds in 2019 financial year No crossing of a legal threshold was declared in 2019.

1,974,538 1.87 1,974,538 1.13

The crossing of these thresholds results from the delivery of shares in Hermès International held by Semyrhamis as part of the simplified public offering that it initiated targeting the shares of Christian Dior: AMF notice No. 217C1755 dated 28 July 2017 (the full text of which s is available on the AMF website – www.amf-france.org) : On 21 July 2017, the Hermès family group declared that it crossed above the threshold of 2/3 of the capital of Hermès International and held 70,385,066 shares representing 130,403,428 voting rights in General Meetings concerning decisions on the allocation of net income and 134,256,835 voting rights concerning other decisions, representing 66.67% of the capital and, respectively 74.92% and 77.13% of the voting rights of this company, divided as follows:

Crossing of thresholds during the past two financial years Crossing of thresholds in 2018 financial year No crossing of a legal threshold was declared in 2018. Crossing of thresholds in 2017 financial year In 2017, the following crossings of a legal threshold were declared: AMF notice No. 217C1525 dated 11 July 2017 (the full text of which s is available on the AMF website – www.amf-france.org): on 4 July 2017, Semyrhamis (30 avenue Montaigne, 75008 Paris) • declared that it had individually crossed below the thresholds of 5% of the capital and voting rights of Hermès International and individually held 1,790,981 shares in Hermès International,

Decisions concerning allocation of net income

Other decisions

% share capital

Shares

Voting rights

% voting rights

Voting rights % voting rights

H51

56,209,021 53.24 6,876,102 6.51 6,292,154 5.96 1,007,789 0.95 70,385,066 66.67

109,244,318 13,072,204

62.76 109,244,318 7.51 13,072,204 4.65 11,940,313

62.76

H2

7.51 6.86

Other members Treasury shares

8,086,906

-

-

-

-

TOTAL HERMÈS FAMILY GROUP

130,403,428

74.92 134,256,835

77.13

SHARE BUYBACK PROGRAMMES

This crossing is the result of an acquisition of Hermès International shares on the market by the company H51.

7.2.2.10

Use in 2019 of authorisations to buy back shares granted by the General Meeting The Combined General Meetings of 5 June 2018 and 4 June 2019 approved share buyback programmes authorising the Executive Management, on the basis of Articles L. 225-209 et seq. of the French Commercial Code ( Code de commerce ), to purchase, on or off the market, a number of shares representing up to 10% of the Company’s share capital as of the date of purchase in order to allot them to the objectives permitted by European regulations or to one or more market practices currently or later accepted by the Financial Markets Authority

PLEDGING OF SHARES

7.2.2.9

Duly registered shares are not encumbered by any material pledges.

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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