HERMÈS - 2019 Universal Registration Document

COMBINED GENERAL MEETING OF 24 APRIL 2020 PURPOSE AND DRAFT RESOLUTIONS

FIFTH RESOLUTION: APPROVAL OF RELATED-PARTY AGREEMENTS

Purpose Pursuant to the fifth resolution, in the absence of related-party agreements entered into during the 2019 financial year, you are asked to note that

there are no agreements to approve. Agreements authorised in prior years

The agreements authorised and signed during previous financial years whose performance continued during the last financial year are described in the Statutory Auditors’ special report on the agreements referred to in Articles L. 226-10 and L. 225-38 to L. 225-43 of the French Commercial Code ( Code de commerce ). Since they have already been approved by the General Meeting, they are not resubmitted to you for a vote. This report is shown on pages 440 and 441. You are reminded that the allowances or benefits due or likely to be due as a result of a change or cessation of office by an Executive Officer, or subsequent to them, and the defined-benefit pension plan commitments of the dissociated Chairman and Executive Officers are no longer subject to the enhanced related-party agreements scheme (Article L. 225-42-1 of the French Commercial Code ( Code de commerce ), having been repealed by order no. 2019-1234 of 27 November 2019).

Fifth resolution: Approval of the related-party agreements

The General Meeting, acting under the quorum and majority the French Commercial Code ( Code de commerce ), approves said report requirements applicable to Ordinary General Meetings, having reviewed in all its provisions, as well as the agreements and transactions referred the Statutory Auditors’ special report on the agreements pertaining to the to therein. combined provisions of Articles L. 226-10 and L. 225-38 to L. 225-43 of

8

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

413