HERMÈS - 2019 Universal Registration Document

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COMBINED GENERAL MEETING OF 24 APRIL 2020 PURPOSE AND DRAFT RESOLUTIONS

Elements of compensation submitted to the vote Compensation paid or awarded by a company falling within

Amount paid during the financial year 2019 or accounting valuation in euros Presentation

n/a

The principle of such compensation is not provided for.

the scope of consolidation

Valuation of benefits of any kind Death and disability plan

n/a

Émile Hermès SARL does not receive benefits of any kind.

n/a

Émile Hermès SARL, a legal entity, is not eligible for a death and disability plan.

Elements of compensation submitted to the vote Gross annual variable compensation awarded in 2020 in respect of 2019 (or “statutory”

Amount awarded in 2020 in respect of 2019 in euros €912,261 of which 10% for achieving the CSR criterion

Presentation

The gross annual statutory compensation of each Executive Chairman for a given year shall not be more than 0.20% of the Company’s consolidated income before tax (€4,571,104 for 2020) for the previous financial year. Within the limits defined herein, the Executive Management Board of Émile Hermès SARL, Active Partner, sets the effective amount of the annual statutory compensation payable to each Executive Chairman, which from 2020 onwards is subject to the deliberation of the Supervisory Board. Thus, no minimum statutory compensation is guaranteed for the Executive Chairmen. A portion of the variable compensation is submitted to a new “CSR” criterion representing decoupling between business growth at constant scope and exchange rates and the s evolution of industrial energy consumption (quantifiable environmental criterion); actions implemented in favour of the territorial anchoring of the group in France and s throughout the world, excluding major cities (qualitative societal criterion); Group initiatives in favour of gender balance (qualitative social criterion). s Achievement of these indices was assessed by the CAG-CSR Committee at its meeting of 9 January 2020. Further details regarding this assessment are set out in chapter 3 of this 2019 Universal registration document (chapter 3, section 3.5.2.1 “Compensation paid to the Executive Chairmen during or awarded in respect of 2019 (Executive Corporate Officers)”, page 265). The gross annual variable compensation of Émile Hermès SARL awarded in 2020 was determined by the Executive Management Board on 24 February 2020 and was subject to the deliberation of the Supervisory Board at its meeting of 25 February 2020. the Group’s firm and ongoing commitments to sustainable development. This criterion is applied to 10% of the target variable compensation. The indicators relating to the CSR criterion relate to the following:

compensation in accordance with the Articles of Association) the payment of

which is contingent on the approval of the General Meeting of 24 April 2020

n/a: not applicable.

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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