HERMÈS - 2020 Universal registration document

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

Limit common to several authorisations Reason for possible uses / Comments

Resolution

Debt securities Nineteenth resolution

Authorisation: issue with maintenance of preemptive subscription rights Duration (term): 26 months (4 July 2023) Individual limit: €1,000 million Authorisation: issue with preemptive rights cancelled Duration (term): 26 months (4 July 2023) Individual limit: €1,000 million

May be used to provide the Company with the financial resources necessary for its development and that of the Group Delegation of authority to be used during a public offering for the Company’s shares May be used to provide the Company with the financial resources necessary for its development and that of the Group and to carry out issues without preemptive subscription rights in favour of the shareholders/to issue shares or securities giving access to the share capital to remunerate securities of a company meeting the criteria set by Article L. 22-10-54 of the French Commercial Code ( Code de commerce ) in the context of a public exchange offering initiated by the Company Delegation of authority to be used during a public offering for the Company’s shares May be used to offer the Company a faster and simpler method of financing than a capital increase by public offering with maintenance of preemptive subscription rights Authorisation intended mainly for qualified investors within the meaning of the regulations Delegation of authority to be used during a public offering for the Company’s shares May be used to carry out acquisitions, when the provisions of Article L. 22-10-54 of the French Commercial Code ( Code de commerce ) are not applicable Delegation of authority to be used during a public offering for the Company’s shares May be used as part of external growth, consolidation or internal reorganisation operations Delegation of authority to be used during a public offering for the Company’s shares

Twentieth resolution

€1,000 M

Twenty-second resolution

Authorisation: issue by private placement Duration (term): 26 months (4 July 2023) Individual limit: €1,000 million

Twenty-third resolution

Authorisation: issue to compensate contributions in kind Duration (term): 26 months (4 July 2023) Individual limit: €1,000 million

Merger by absorption, spin-off, partial contribution of assets Twenty-fourth and

Authorisation: merger by absorption, spin-off and partial contribution of assets subject to the legal regime for

40% (limit common to the nineteenth, twentieth, twenty-first, twenty-second, twenty-third and

twenty-fifth resolutions

spin-offs and resulting capital increase Duration (term): 26 months (4 July 2023) Individual limit: 40% of the share capital

twenty-fifth resolutions)

Issues of securities (general case) In the eighteenth, nineteenth and twentieth resolutions, we ask that you renew a certain number of resolutions in order to delegate to the Executive Management the authority to decide on various issues of the Company’s securities with or without preemptive subscription rights. These resolutions are designed, as required by law, to give the Executive Management the necessary flexibility to act in the best interests of the Company, under the oversight of the Supervisory Board of the Company and the Executive Management Board of the company Émile Hermès SARL, Active Partner. The diversity of financial products and the rapid changes in the markets require the Executive Management to have the greatest flexibility in order to choose the most favourable issuance methods for the Company and its shareholders, in order to rapidly carry out operations according to the opportunities that may arise. The Executive Management will thus have the ability, under all circumstances, both in France and abroad, to issue ordinary shares of the Company, as well as:

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2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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