HERMÈS - 2020 Universal registration document

8

COMBINED GENERAL MEETING OF 4 MAY 2021 EXPLANATORY STATEMENTS AND DRAFT RESOLUTIONS

Components of compensation submitted to the vote

Amount awarded in respect of financial year 2020 or accounting valuation

Amount paid during financial year 2020

Presentation

Death and disability plan Gross annual variable

n/a

Émile Hermès SARL, a legal entity, is not eligible for a death and disability plan. The gross annual variable compensation in 2021 of Émile Hermès SARL, awarded in respect of 2020, was determined by the Executive Management Board on 17 February 2021 in accordance with the compensation policy for the Executive Chairmen and was subject to the deliberation of the Supervisory Board at its meeting of 18 February 2021. A portion of the variable compensation is submitted to a “CSR” criterion representing the Group’s firm and ongoing commitments to sustainable development. The CAG-CSR Committee evaluated the level of achievement of the CSR criterion applicable to 10% of the variable compensation of the Executive Chairmen at its meeting of 8 January 2021 and noted that the three indicators making up the criterion were fully achieved. The details of this assessment can be found in the 2020 Universal Registration Document (chapter 3 “Corporate governance”, § 3.7.2.1.3). Consequently, the variable compensation for financial year 2020 has been calculated by applying the change in the Company’s consolidated net income before tax for financial year 2020 compared with that of 2019, i.e. a decrease of -12.4%, to the variable compensation paid in 2020 in respect of 2019. Payment of this compensation is subject to the approval of the General Meeting of 4 May 2021.

€727,153 of which 10% for achieving the CSR criterion

compensation for 2021 set by the Articles of Association (“statutory compensation")

n/a: not applicable

Chairman of the Supervisory Board

Components of compensation submitted to the vote

Amount awarded in respect of financial year 2020 or accounting valuation

Amount paid during financial year 2020

Presentation

The components of compensation detailed below all comply with the compensation policy for Members of the Supervisory Board described in the 2020 Universal Registration Document (chapter 3 “Corporate governance”, § 3.7.1.1 and 3.7.1.3). The other information referred to in Article L. 22-10-9, I. of the French Commercial Code ( Code de commerce ), which is also subject to the global ex-post vote, is described in the 2020 Universal Registration Document (chapter 3 “Corporate governance”, § 3.7.1, 3.7.2 and 3.7.4). In the seventh resolution we ask that you approve this information for each of the Corporate Officers. The Chairman of the Supervisory Board is entitled to a fixed annual compensation of €140,000. This is deducted from the total amount of compensation awarded to the Supervisory Board by the General Meeting. He is not entitled to any variable compensation as he attends all Supervisory Board meetings. The principle of such compensation for the Chairman is not provided for.

7 th and 10 th resolutions (global and individual ex-post votes): Mr Éric de Seynes

Gross annual fixed compensation

€140,000

€140,000

Gross annual variable compensation

n/a

Other components of compensation Other commitments

n/a

No other form of compensation is provided for.

n/a

No other commitments exist.

476 2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL