HERMÈS - 2019 Universal Registration Document

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

SHAREHOLDERS’ PACTS AND AGREEMENTS PRIORITY ACQUISITION RIGHT

7.2.5

Hermès International share during the 30 stock market trading days preceding the day of notification of the transfer, unless the said share is insufficiently liquid (as defined in the amendment), in which case an expert appraisal procedure will be implemented. To the Company’s knowledge: the priority acquisition right that H51 benefits from covered –at the s date of signature– most of the Hermès International shares also held by the members of the Hermès family group (i.e. at 31 December 2019, approximately @12.4% of the capital held by H2 and other members of the Hermès family group, see page 394); the priority acquisition right was granted by members of the Hermès s family group and descendants of these members who do not yet directly or indirectly hold shares in the Company. The definition and description of the organisation of the Hermès family group are set out on pages 458, 389 to 391 and 196 respectively.

7.2.5.1

A priority right to acquire Hermès International shares (AMF notice 211C2288) came into force on 13 December 2011. This priority acquisition right is stipulated for the benefit of H51, a simplified joint stock company with variable capital, and was initially granted by 102 natural persons and 33 legal entities (all members, held by members or for whom one of the parents is a member of the Hermès family group), representing a total of about 12.3% of the share capital of Hermès International. By amendment (AMF notice 213C0716) which came into force on 17 June 2013, the price at which H51 could acquire the Hermès International shares from the members of the Hermès family group pursuant to this priority acquisition right would be equal to the average of the prices weighted by volumes (on the entire trading platform) of the

DUTREIL AGREEMENTS

7.2.5.2

The following shareholder agreement, coming under the Dutreil law and still in force in 2019, was brought to the Company’s attention:

Dutreil Transmission agreement 2018

Regime

Article 787 B of the French General Tax Code ( Code général des impôts , CGI)

Date of signature

27 November 2018

Duration of the collective commitment Contractual duration of the agreement Procedures for renewal Percentage of the share capital covered by the agreement on the date of its signature Percentage of voting rights covered by the agreement on the date of its signature Names of the signatories having the capacity of Senior Executives (within the meaning of Article L. 621-18‑2‑a) of the French Monetary and Financial Code ( Code monétaire et financier ) Names of the signatories having close personal links with the Senior Executives (according to the meaning of Articles L. 621-18-2-c and R. 621-43-1 of the French Monetary and Financial Code ( Code monétaire et financier ) Names of signatories holding at least 5% of the capital and/or voting rights in the Company as at 31 December 2018

Two years from the date of registration (in this case, 27 November 2018)

Non-renewable

54.29%

63.53%

On the date of signature of the agreement: Émile Hermès SARL, Executive Chairman and Active Partner s Axel Dumas, Executive Chairman s

All signatories

H51

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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