HERMÈS - 2020 Universal registration document

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CORPORATE GOVERNANCE THE COMPANY’S CORPORATE GOVERNANCE CODE

Changes made since the most recent update of the Afep-Medef Code in January 2020 to ensure compliance therewith Gender balance policy in governing bodies (Article 7)

Explanations

This gender balance policy and the resulting objectives, as well as the results achieved during the financial year, are described § 3.2.4.2. It has been decided to adopt the scope referred to in 6 and 7 of Article L. 22-10-9 of the French Commercial Code and to establish the ratios on the basis of information about Hermès International. These ratios are presented § 3.7.2.3.

Equity ratios (Article 26.2)

Corporate governance award Since 2009, the Grand Prix de la transparence has rewarded the quality of regulated information of French SBF 120 companies. The objective of these awards is to enable issuers to measure their performance each year in terms of transparency and to identify market best practices. Each year, standards rise. Hermès International was the 2020 Winner of the Grand Prix de la transparence in the category “Notice of Meeting” . This award is based on accessibility, accuracy, comparability and availability criteria.

This first prize is recognition of the substantive work carried out over several years to change our governance practices, and the efforts made this year to redesign the presentation and focus on providing information. The members of the jury praised: the digital accessibility of the brochure, the content of which is s made accessible to the visually impaired and is facilitated for people with motor disabilities; the summary and very informative presentation of the procedures s for participating in the General Meeting and the integration of specific measures related to Covid-19 and the holding of the meeting in closed session.

228 2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL