HERMÈS - 2020 Universal registration document

3

CORPORATE GOVERNANCE COMPENSATION AND BENEFITS OF CORPORATE OFFICERS

AMOUNT OF COMPENSATION USED WITH REFERENCE TO THE NUMERATOR

2020

2019

2018

2017

2016

€3,403,423 €1,381,633 €140,000

€3,403,423 €1,381,633

€3,092,816 €1,256,409 €140,000

€2,774,656 €1,256,409 €100,000

€2,555,753 €1,256,409 €100,000

MR AXEL DUMAS

ÉMILE HERMÈS SARL MR ÉRIC DE SEYNES

€140,000

3.7.2.3.2 Presentation of ratios and annual change in compensation, the performance of the Company, the average compensation of employees and ratios

2020

2019

2018

2017

2016

MR AXEL DUMAS, EXECUTIVE CHAIRMAN

Change in total compensation paid during the financial year compared with the previous financial year Ratio compared with the average compensation of employees Change compared with the previous financial year Ratio compared with the median compensation of employees Change (in %) compared with the previous financial year Change in total compensation paid during the financial year compared with the previous financial year Ratio compared with the average compensation of employees Change compared with the previous financial year Ratio compared with the median compensation of employees Change compared with the previous financial year MR ÉRIC DE SEYNES - CHAIRMAN OF THE SUPERVISORY BOARD Change in total compensation paid during the financial year compared with the previous financial year Ratio of average compensation compared to average compensation of employees Change compared with the previous financial year Ratio compared with the median compensation of employees Change compared with the previous financial year ÉMILE HERMÈS SARL - EXECUTIVE CHAIRMAN

0.0%

10.0% 18 0 point

11.5%

8.6%

12.7% 16 0 point

17 -1 point 37 -1 point

18 +2 points 35 +3 points

16 0 point

38 +3 points

32 +1 point

31 +3 points

2020

2019

2018

2017

2016

0.0%

10.0% 7 0 point

0.0%

0.0%

-71.8%

7 0 point 15 0 point

7 0 point 14 0 point

7 -1 point 14 -1 point

8 -24 points 15 -40 points

15 +1 point

2020

2019

2018

2017

2016

0.0%

0.0%

0.0%

40.0%

0.0%

1 0 point 2 0 point

1 0 point 2 0 point

1 0 point 2 0 point

1 0 point

1 0 point 1 0 point

2 +1 point

2020

2019

2018

2017

2016

EMPLOYEES OF THE LISTED COMPANY

Change in the average compensation compared with the previous financial year

3.4%

10.4%

1.1%

8.3%

13.9%

2020

2019

2018

2017 8.6%

2016 7.4% 9.7%

GROUP PERFORMANCE

Change in consolidated revenue at constant rates Change in consolidated net income before tax

-6.0%

12.4%

10.4%

-12.4%

9.9%

9.7%

14.2%

Explanatory notes on the Executive Chairmen For the reasons set out on page 156 of the 2017 Registration Document, the compensation for Executive Chairmen was revised in 2017. Explanatory notes relating to the Chairman of the Supervisory Board For the reasons mentioned on page 156 of the 2017 Registration Document, the fixed compensation of the Chairman of the Supervisory Board was re-evaluated in 2017. Explanatory notes on the employees The changes for the five financial years presented in the above tables take into account the overall change in the total payroll, and for 2018, changes in scope.

The change in overall employee compensation also reflects (i) a positive dynamic of salary measures throughout the years presented, as well as (ii) the impact of allocations under employee shareholding plans. Depending on the plans and the respective duration of the vesting periods, the portion relating to these allocations may lead to a certain variation in the average and median compensation of employees in the reference scope. The overall policy, and all of the components of the compensation awarded to employees of the listed company, and those of other Group entities in France and abroad, are presented and set out in chapter 2 “Corporate social responsibility”, § 2.2.

304 2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL