HERMÈS - 2020 Universal registration document

3

CORPORATE GOVERNANCE OTHER INFORMATION

Nature of the agreement

Persons concerned

Nature, purpose and terms of the agreement

Amount

Design mission agreement with the RDAI architecture studio

Ms Sandrine Brekke, partner with a more than 10% holding in RDAI and a member of the Executive Management Board of Émile Hermès SARL, Executive Chairman of Hermès International

On 3 July and 20 November 2015, the Supervisory Board authorised: an agreement between the Company and the RDAI studio s for a design mission for the interior appointments of the offices at 10-12, rue d’Anjou in Paris, which involves several floors and includes the supply of furniture; a rider to this agreement in order to award RDAI two s additional design packages with: (i) the fitting out of one additional floor and (ii) a change to the programming and layout of certain spaces on the other floors. The fees have been set at a firm and fixed price and account for 8% of the total value of the works, which is in line with market prices. The Supervisory Board noted the end of this agreement on 18 February 2021.

For financial year 2020, invoicing for these services amounted to €0.

Related-party transactions are shown in chapter 5 "Consolidated financial statements", § 5.6 (note 31).

AGREEMENTS ENTERED INTO BETWEEN CORPORATE OFFICERS OR SHAREHOLDERS OF THE COMPANY AND THE CONTROLLED COMPANIES (ARTICLE L. 225-37-4-2° OF THE FRENCH COMMERCIAL CODE)

Its purpose is to enable Hermès International to periodically assess the appropriateness of the classification used for ongoing agreements entered into during the financial year, those that continue over several years, and any agreements that are modified. An “Current Agreements Committee” tasked with conducting the evaluation has been established; it comprises the following members as a minimum: a representative of the legal, corporate law and securities law s department; the notion of agreements bearing on ongoing transactions entered s into on an arm’s length basis and transactions deemed to be ongoing and entered into on an arm’s length basis within the Hermès Group; the notions of related-party agreement and prohibited agreement; s the roles and responsibilities related to the identification of s related-party agreements and the control and disclosure procedure applicable to them. The procedures for the regular evaluation of agreements relating to ongoing transactions concluded on an arm’s length basis are then described: periodicity of the assessment: annual; s nature of the work required to carry out the evaluation; s determining each year the scope of the agreements to be • assessed, for example by selecting a category of agreement taking into account, for example, duration, maturity, importance (in particular, financial), nature or by adopting a risk-based approach, assessing the relevance of the criteria used to distinguish between • ongoing transactions concluded on an arm’s length basis and related-party agreements, and their correct application in the Company, a representative of the finance department. s The procedure first entails the presentation of:

3.8.1.2

Pursuant to the provisions of Article L. 225-37-4 of the French Commercial Code, as amended by law No. 2019-486 of 22 May 2019 (the “Pacte” law), this report must disclose any agreements entered into, directly or through an intermediary, between, on the one hand, an Executive Chairman, a member of the Supervisory Board or one of the shareholders holding more than 10% of the voting rights of the Company and, on the other hand, another company controlled by said other party within the meaning of Article L. 233-3 of the French Commercial Code. These are not related-party agreements subject to prior approval by the Supervisory Board, as Hermès International is not a party to the agreement. Agreements entered into with a wholly owned subsidiary are not excluded (Order No. 2014-863 of 31 July 2014 relating to company law). We hereby inform you that no such agreements were entered into during the financial year ended 31 December 2020.

PROCEDURE FOR MONITORING ONGOING

3.8.1.3

AND STANDARD AGREEMENTS AND IMPLEMENTATION

Pursuant to the provisions of Article L. 22-10-12 of the French Commercial Code, the Company has put in place a procedure to regularly assess whether agreements relating to current transactions and concluded under normal conditions meet these conditions. 3.8.1.3.1 Procedure This procedure, which applies only to Hermès International and not to its subsidiaries, was approved by the Supervisory Board on 25 February 2020.

314 2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL