HERMÈS - 2020 Universal registration document

3 CORPORATE GOVERNANCE AMBITIOUS AND BALANCED GOVERNANCE

AFR

221

SUPERVISORY BOARD REPORT ON CORPORATE GOVERNANCE

226

AFR

THE COMPANY’S CORPORATE GOVERNANCE CODE

3.1

226 226

Corporate governance principles applied

3.1.1

Provisions of the Afep-Medef Corporate Governance Code not applied and those

3.1.2

newly complied with

226

ADMINISTRATIVE AND MANAGEMENT BODIES The Active Partner and its Executive Management Board

3.2

229 229

3.2.1

Executive Management

3.2.2

229

Governing bodies

3.2.3

234

Non-discrimination and diversity policy Succession plan for Senior Executives

3.2.4

238

3.2.5

239

ORGANISATION OF THE SUPERVISORY BOARD

3.3

240 240

Applicable principles

3.3.1

Diversity policy applied within the Supervisory Board Succession plan for the Chairman of the Supervisory Board

3.3.2

242

3.3.3

244

Composition of the Supervisory Board

3.3.4

245

Independence of the members of the Supervisory Board

3.3.5

248

Supervisory Board ethics

3.3.6

250

Information on sitting members of the Supervisory Board

3.3.7

253

FUNCTIONING OF THE SUPERVISORY BOARD

3.4

274 274

Role of the Supervisory Board

3.4.1

Information and training of the Supervisory Board

3.4.2

275

Main duties of the Supervisory Board and work carried out in 2020

3.4.3

279

Ethics and compliance – Personal data protection

3.4.4

281

corporate social responsibility (CSR)

3.4.5

281

Compensation and reimbursement of expenses

3.4.6

281

SPECIALISED COMMITTEES

3.5

282 282

APPLICABLE PRINCIPLES

3.5.1

CAG-CSR Committee

3.5.2

283

Audit and Risk Committee

3.5.3

285

EVALUATION OF THE SUPERVISORY BOARD AND COMMITTEES

3.6

288 288

Methodology

3.6.1

Last formal evaluation of the Supervisory Board and committees in 2019

3.6.2

288

Annual debate on the functioning of the Board

3.6.3

289

2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

219