HERMÈS - 2019 Universal Registration Document

CORPORATE SOCIAL RESPONSIBILITY BUSINESS MODEL

BUSINESS MODEL

2.1

The Hermès Group presents its value creation model in visual form (see the following page) in order to present the distinctive features of the French craftsmanship manufacturing model. This approach helps explain the activities of the House, its footprint and contribution to a more sustainable world in its economic, social, societal and environmental dimensions. The Hermès Group's model is unique in many ways: a family-run business rooted in a tradition of craftsmanship, the s foundations of an eagerness to ensure transmission of skills and durability; fundamental heritages, sources of sustainability, that are continuously s reinvented: creation, savoir-faire, materials and retailing;

objects designed to last: rigour and responsibility that are the life s force of the House’s 15 métiers (see section 1.5); a French House with an international reach: an integrated s manufacturing model conducted principally in France, with distribution throughout the world tailored to local situations; controlled development and solid results; s a contribution to a more sustainable world through its humanist vision s of its activity and a desire to give back to the world some of what the world has given it.

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2019 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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