HERMÈS - 2019 Universal Registration Document

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COMBINED GENERAL MEETING OF 24 APRIL 2020 PURPOSE AND DRAFT RESOLUTIONS

resolves that, in accordance with the Afep-Medef Corporate • Governance Code of June 2018, to which the Company refers: the free shares allocated will be subject to demanding - performance conditions to be met over several consecutive years defined at the time of issuance, the maximum percentage of free shares that may be allocated to - the Executive Chairmen under this resolution shall be 0.05%, this

sub-limit being offset against the 2% limit common to the delegations granted in the eighteenth and nineteenth resolutions, each year, the Executive Management will notify the Ordinary General s Meeting of the allocations made under this resolution under the legal conditions, and specifically Article L. 225-197-4 of the French Commercial Code ( Code de commerce ).

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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