HERMÈS - 2020 Universal registration document

INFORMATION ON THE COMPANY AND ITS SHARE CAPITAL INFORMATION ON SHARE CAPITAL AND SHAREHOLDERS

INFORMATION ON SHARE CAPITAL AND SHAREHOLDERS

7.2 AFR

INFORMATION ON SHARE CAPITAL

7.2.1

SHARE CAPITAL

7.2.1.1

Amount

Number

Par value

As at 01/01/2020 As at 31/12/2020

€53,840,400.12 €53,840,400.12 €53,840,400.12

105,569,412 105,569,412 105,569,412

€0.51 €0.51 €0.51

On the day of the General Meeting

The shares are fully paid-up.

VOTING RIGHTS

CHANGES IN SHARE CAPITAL OVER THE LAST

7.2.1.2

7.2.1.3

THREE FINANCIAL YEARS

By the 15 th day of each month at the latest, the Company issues a report on the total number of voting rights and shares that makes up the share capital on the last day of the previous month and publishes it on https://finance.hermes.com/en/regulated-information. As at 28 February 2021, the total number of voting rights (including shares deprived of voting rights) was 177,738,640. Each share gives the holder the right to at least one vote in the Shareholders’ General Meetings, except for treasury shares held by the Company, which have no voting rights. Ownership of certain shares is split between a usufructuary and a bare owner. In accordance with the Articles of Association, voting rights attached to shares are exercised by the bare owners at all General Meetings (ordinary, extraordinary or special meetings), save for decisions regarding the allocation of net income, in which case the usufructuary exercises the voting rights. Furthermore, double voting rights are allocated to: any fully-paid up registered share that has been duly recorded on the s books in the name of the same shareholder for a period of at least four years from the date of the first General Meeting following the fourth anniversary of the date when the share was registered on the books; and any registered share allotted for no consideration to a shareholder, in s the event of a capital increase effected by capitalisation of sums in the share premiums, reserves or retained earnings accounts, in proportion to any existing shares that carry double voting rights. Double voting rights cease automatically under the conditions specified by the law and notably for any share that was the subject of a conversion to bearer or a transfer, excluding any “registered to registered” transfer following succession, liquidation of community of property between spouses or family donation. Failure to disclose attainment of certain ownership thresholds as provided by law or by the Articles of Association may disqualify the shares for voting purposes (see Article 11 of the Articles of Association, in chapter 7 “Information on the Company and its share capital”, § 7.1.1.10).

No change in capital occurred over the last three financial years.

INFORMATION ON SHAREHOLDERS

7.2.2

NUMBER OF SHAREHOLDERS

7.2.2.1

Several times a year, the Company uses the Euroclear France “identifiable bearer shares” procedure (TPI, titres au porteur identifiable ) to identify its shareholders. During the review at 31 December 2020, there were approximately 108,700 shareholders, compared to approximately 101,800 at 31 December 2019 and some 105,000 at 31 December 2018.

PERCENTAGE OF INDIVIDUAL SHAREHOLDERS

7.2.2.2

The percentage of individual shareholders was 6.4% in December 2020, a rise compared to the same period in 2019 (6.1%), regrouping the registered shares held at 31 December 2020 by the individual shareholders and the bearer shares identified by the TPI at 31 December 2020, excluding holdings by family groups.

MAIN SHAREHOLDERS AT 31 DECEMBER 2020 – CONTROL OF THE COMPANY

7.2.2.3

7

Hermès International is controlled through the intermediary of Émile Hermès SARL, its Active Partner by the Hermès family group, which also holds, notably via the intermediary of the company H51, a majority shareholding (in capital and voting rights) within the Company as a Limited Partner. This control is exclusive control within the meaning of Article L. 233-16 of the French Commercial Code ( Code de commerce ). The companies H51 and H2 are held exclusively by members of the Hermès family group. To the Company’s knowledge, there are no shareholders directly or indirectly holding, alone or together, more than 5% of the share capital or voting rights, other than those shown in the tables § 7.2.2.5.

2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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