HERMÈS - 2019 Universal Registration Document

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OVERVIEW OF THE GROUP RISK FACTORS

RESPECT FOR HUMAN RIGHTS AND FUNDAMENTAL FREEDOMS ●

1.11.4.3

DESCRIPTION OF THE RISK s

RISK MANAGEMENT s

Hermès respects fundamental conventions on human rights and fundamental freedoms (Universal Declaration of Human Rights, and the fundamental freedoms of the ILO, the OECD Guidelines and the Global Compact). Furthermore, this Group commitment is promoted at the internal level through the ethics charter, which defines Hermès’ relations with its employees and suppliers, and the code of business conduct, which contains a specific section on human rights and fundamental freedoms. All Hermès employees regularly take part in a survey on well-being and have access to an alert system “H-Alert” available in 17 languages to report any breach of our commitments. In accordance with French law 2017-399 of 27 March 2017 relating to the duty of care of parent companies and contractors, the Hermès Group has drawn up a vigilance plan to identify risks and prevent serious violations of human rights and fundamental freedoms, and the health and safety of people and the environment, resulting from its activities as well as the activities of its subcontractors and suppliers. Identification, mitigation and prevention mechanisms for these risks have been put in place for employees, suppliers and subcontractors and are detailed in chapter 2 of this report.

Although 80% of production is carried out in France, the risks of serious violations of human rights, fundamental freedoms, and the health and safety of persons nevertheless exist. Moreover, the diversity of our métiers and our supply chains, coupled with our objective of using exceptional raw materials where they are produced, lead us to work in partnership with suppliers in countries that are sometimes far afield. In these countries the risks of violation of human rights, fundamental freedoms, and the health and safety of persons must also be managed. POTENTIAL IMPACTS ON THE GROUP s A violation of human rights and fundamental freedoms would be contrary to the Group’s ethical and moral values and would have a strong impact on its reputation and image.

2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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