HERMÈS - 2020 Universal registration document

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INFORMATION ON THE COMPANY AND ITS SHARE CAPITAL SHAREHOLDER INFORMATION

Crossing of threshold disclosures

Legal thresholds (Articles L. 233-7 et seq. of the French Commercial Code (Code de commerce) and Articles L. 433-3 et seq. of the French Monetary and Financial Code (Code monétaire et financier) Shares exceeding the fraction that should have been declared are deprived of voting rights for any General Meeting held until the expiry of a period of two years following the date of regularisation of the notification.

Ownership thresholds under the Articles of Association (Article 11 of the Articles of Association) The shares that exceed the threshold subject to disclosure or having been subject to disclosure shall be disqualified from voting rights. In the event of regularisation, the corresponding voting rights can only be exercised once the period stipulated by law and current regulations has expired.

Nominative registration requirement (Article 11 of the Articles of Association) The shares that exceed the threshold subject to disclosure or having been subject to disclosure shall be disqualified from voting rights.

Penalty for non-compliance with ownership threshold disclosure and nominative registration requirements

Based on the total number of theoretical voting rights. (1)

460 2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL