HERMÈS - 2020 Universal registration document

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

TWENTY-SIXTH RESOLUTION: AMENDMENTS TO THE ARTICLES OF ASSOCIATION

Explanatory statement In the twenty-sixth resolution, we ask that you amend Articles 1, 6.2, 14.3, 17, 18.6, 19.2, 20.4 and 21.1 of the Articles of Association. This change is part of the transformation of Émile Hermès SARL – Active Partner of Hermès International – into a société par actions simplifiée (simplified joint-stock company, SAS), which was unanimously decided by the partners on 17 February 2021. This transformation aims to allow a number of partners that may exceed 100, the limit provided for in Article L. 223-3 of the French Commercial Code (Code de commerce) for SARLs. The economy and the essential characteristics of Émile Hermès SARL, such as its operations, the organisation of its governance and the powers of its various corporate bodies, remain unchanged. Given the status of Émile Hermès SARL as Active Partner, and in accordance with the Articles of Association of Hermès International (Articles 14.3 and 20.4), the Supervisory Board of Hermès International has approved the new Articles of Association of Émile Hermès SARL intended to transform it into a SAS at its meeting of 18 February 2021. The transformation of Émile Hermès from a SARL into a SAS is subject to the condition precedent of the prior amendment of Articles 1, 6.2, 14.3, 17, 19.2, 20.4 and 21.1 of the Articles of Association of Hermès International, in order to ensure full consistency between the Articles of Association of Hermès International and those of Émile Hermès SAS. The adjustments made in relation to the Hermès International Articles of Association currently in force relate solely to changes made strictly necessary by the change in the legal form of the company Émile Hermès.

Twenty-sixth resolution: Amendment of the Articles of Association to take into account the transformation of the company Émile Hermès SARL into a société par actions simplifiée (simplified joint-stock company) The General Meeting, acting under the quorum and majority requirements for Extraordinary General Meetings, having reviewed the Executive Management report and the Supervisory Board report, resolves to amend the wording of Articles 1, 6, 14, 17, 19, 20 and 21 of the Articles of Association as follows: Article 1 - FORM This Article now reads as follows (added words are underlined and in bold, deleted words are struck through): “ The Company is a société en commandite par actions (partnership limited by shares) between: its Limited Partners; and s its Active Partner, Émile Hermès SARL SAS with registered office s located at 23, rue Boissy-d’Anglas in Paris (75008)." The rest of the Article remains unchanged. Article 6 - SHARE CAPITAL – CONTRIBUTIONS Paragraph 6.2 of this article now reads as follows (added words are underlined and in bold, deleted words are struck through): “ 6.2 - The Active Partner, Émile Hermès SARL SAS , has transferred its business know-how to the Company, in consideration for its share of the profits. ” The rest of the Article remains unchanged.

Article 14 - RESPONSIBILITY AND POWERS OF THE ACTIVE PARTNER Paragraph 14.3 of the Article now reads as follows (added words are underlined and in bold, deleted words are struck through): “ 14.3 - In order to maintain its status of Active Partner, and failing which it will automatically lose such status ipso jure, Émile Hermès SARL SAS must maintain in its Articles of Association clauses that, in their original wording or in any new wording as may be approved by the Supervisory Board of the present Company by a three-quarters majority of the votes of members present or represented, stipulating the following: the legal form of Émile Hermès SARL SAS is that of a société à s responsabilité limitée (limited company) par actions simplifiée (simplified joint stock company) à capital variable (with variable capital); the exclusive purpose of Émile Hermès SARL SAS is: s to serve as Active Partner and, if applicable, as Executive • Chairman of Hermès International, potentially to own an equity interest in Hermès International, and • to carry out all transactions in view of pursuing and accomplishing • these activities and to ensure that any liquid assets it may hold are appropriately managed; only the following may be partners in Émile Hermès SARL SAS, or, s more generally, hold securities allowing them to become partners in Émile Hermès SAS : descendants of Mr Émile-Maurice Hermès and his wife, born Julie • Hollande, and their spouses, but only as usufructuaries of the shares; and • each partner of Émile Hermès SARL SAS must have deposited, or s arrange to have deposited, shares in the present company in the corporate accounts of Émile Hermès SARL SAS in order to be a partner of this company." The rest of the Article remains unchanged.

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