HERMÈS - 2020 Universal registration document

CORPORATE GOVERNANCE FUNCTIONING OF THE SUPERVISORY BOARD

ensuring that shareholders receive the information they expect from s the Company. The Chairman may seek the assistance of internal experts in these areas (in particular the Director of Financial Communications and Investor Relations or the Director of Corporate law and Stock Exchange Regulations, Supervisory Board Secretary and Compliance Officer). The Chairman must report annually to the Supervisory Board on the execution of his or her duties. No additional compensation is allocated to the Chairman for executing these duties. In early 2021, the Chairman reported to the Supervisory Board on the performance of his duties in 2020. In particular, he stated: having answered questions from individual shareholders; s having answered questions from institutional shareholders; s having responded to questionnaires from stakeholders. s It is specified that the answer to the written questions addressed to the Company on the occasion of the General Meeting is the responsibility of the Executive Management. In 2020, the Board did not give the Chairman of the Supervisory Board any duties other than those conferred by law.

the CAG-CSR Committee rules of procedure; s the Hermès Group Stock Market Ethics Code; s a calendar of closed periods applicable to Permanent Insiders; s the AMF Guide to Permanent Information and Management of Inside s Information (DOC 2016-08); regulations regarding the declaration obligations of Senior Executives s and registration of shares; principles governing the allocation of compensation to Supervisory s Board members; rules on the reimbursement of expenses; s certification and summary of Corporate Officers’ civil liability s insurance; the last three Registration Documents; s the notice of meeting for the last General Meeting; s a summary of the results of the last formal three-year evaluation of s the Supervisory Board; presentations made during site visits since 2011; s the Hermès Group code of business conduct (Hermès Group s guidelines); anti-corruption code of conduct; s professional whistleblowing system notice; s ethics charter of the Hermès Group; s presentations of Hermès International and Émile Hermès SARL; s the annotated Articles of Association; s the Afep-Medef Corporate Governance Code revised in January 2020. s This master file is updated on a regular basis. The procedures for convening meetings and the rules of quorum and majority are described in chapter 7 “Information on the Company and its share capital”, § 7.1.1.10 [Article 19 of the Articles of Association]. The Board’s operations are described in detail in Article 1.2 of the Supervisory Board’s rules of procedure. The Supervisory Board meets as often as the interests of the Company require and at least twice a year. In practice, the Supervisory Board meets at least seven times per year; it met eight times in 2020. The schedule of meetings is drawn up annually for the following year and distributed at the beginning of the first half of each year. The Statutory Auditors and a representative of the Social and Economic Committee (see § 3.3.1.7.2) are invited to all Supervisory Board meetings. SUPERVISORY BOARD MEETINGS 3.4.2.2

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DUTIES OF THE VICE-CHAIRMEN OF THE SUPERVISORY BOARD

3.4.1.3

Two Vice-Chairmen are appointed by the Supervisory Board from among its members. In practice, the Vice-Chairmen are the Chairmen of one of the two committees. In accordance with the Articles of Association, in the absence of the Chairman, the oldest Vice-Chairman shall perform his duties.

INFORMATION AND TRAINING OF THE SUPERVISORY BOARD SUPERVISORY BOARD’S MASTER FILE

3.4.2

3.4.2.1

Since 2011, a “master file” has been provided to the members of the Supervisory Board. It has been available since 2016 on the Board’s collaborative platform, “Herboard” (see § 3.4.2.4). It currently contains the following §: a list with contact details of the members of the Executive Committee, s Supervisory Board and Board committees, Statutory Auditors and the Board Secretary;

a table of the dates of terms of office; s the Supervisory Board rules of procedure; s the Audit and Risk Committee rules of procedure; s

2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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