HERMÈS - 2019 Universal Registration Document

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

The characteristics of the delegations granted to the Executive Management are detailed on pages 281 et seq. During the financial year ended 31 December 2019, the Executive Management assigned the transactions shown in the table below, in the context of share buyback programmes authorising the Executive Management to buy and sell its own shares under Article L. 225-209 of the French Commercial Code ( Code de commerce ).

(AMF) (see page 277), and more generally to allot them to carrying out any operation in accordance with the regulations in force. The Combined General Meetings of 5 June 2018 and 4 June 2019 authorised the Executive Management to reduce the share capital by cancellation of repurchased shares, within the limit of 10% of the share capital per period of 24 months.

From 01/01/2019 to 04/06/2019

From 05/06/2019 to 31/12/2019

Total

EXCLUDING THE LIQUIDITY CONTRACT Number of shares booked in the name of the Company as at 31 December 2018

1,308,213

1,308,213

Number of shares purchased

46,413

38,344

84,757

Employee shareholding

Employee shareholding

Reason for acquisitions Average price of purchases Number of shares sold

€598.47 38,620 €246.33

€642.10

€618.21 39,000 €245.98

380

Average price of sales

€209.85

Amount of net expenses excluding taxes Number of shares cancelled Average price of cancelled shares Number of shares booked in the name of the Company as at 31 December 2019

1,316,006

37,964

1,353,970

Appropriation Employee shareholding s

1,237,633

37,964

1,275,597

External growth s

78,373

78,373

Net value evaluated during the purchase Net value evaluated during closure

€479,118,153 €876,723,197

€24,540,963 €503,659,115 €25,291,617 €902,014,814

Par value

€671,163

€19,362

€690,525

Fraction of the share capital that they represent

1.25%

0.04%

1.28%

IN THE CONTEXT OF THE LIQUIDITY CONTRACT Number of shares booked in the name of the Company as at 31 December 2018

9,166

9,166

Resources implemented (liquidity account)

€5,000,000

€5,000,000

€5,000,000

Number of shares purchased Average price of purchases

66980

86256

153236 €601.34 154,743 €601.58

€559.70 68,890 €561.14

€633.67 85,853 €634.04

Number of shares sold Average price of sales

Number of shares booked in the name of the Company as at 31 December 2019

7,256

403

7,659

Net value evaluated during the purchase Net value evaluated during closure

€4,405,420 €4,833,947

€714,024 €268,479

€5,119,443 €5,102,426

7

Par value

€3,701 0.01%

€206 0.00%

€3,906 0.01%

Fraction of the share capital that they represent

Description of the new share buyback programme submitted for the approval of the Combined General Meeting of 24 April 2020 Pursuant to Articles 241-2 and 241-3 of the General Regulation of the AMF, the Company hereinafter presents the share buyback programme to be submitted for the approval of the Combined General Meeting of 24 April 2020. This programme will supersede that authorised by the Combined General Meeting of 4 June 2019.

Number of shares and percentage of share capital held by Hermès International Between 1 January and 29 February 2020, the Company purchased 23,809 shares and sold 20,241 shares within the framework of the liquidity contract. Furthermore, the company purchased 10,451 shares, outside the framework of the liquidity contract. As of 29 February 2020, the share capital of the Company consisted of 105,569,412 shares, of which 1,375,604 treasury shares (number of shares as of the date of the operation) held by Hermès International, representing 1.3% of the share capital.

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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