HERMÈS - 2020 Universal registration document

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

Article 17 - COMPENSATION OF THE Executive Management The final paragraph of this Article now reads as follows (added words are underlined and in bold, deleted words are struck through): “Within the maximum amounts set forth herein, the Executive Management Board of the Active Partner, Émile Hermès SARL SAS , shall determine the effective amount of the annual compensation set by the Articles of Association (”statutory compensation”) of the Executive Chairman (or, where there is more than one, of each Executive Chairman).” The rest of the Article remains unchanged. Article 19 - DELIBERATION OF THE SUPERVISORY BOARD The fifth paragraph of 19.2 of this Article now reads as follows (added words are underlined and in bold, deleted words are struck through): “Resolutions are adopted by a majority of the votes of members present or represented. However, the Supervisory Board must approve or reject any proposed new wording of certain clauses of the Articles of Association of Émile Hermès SARL SAS by a three-quarters majority of members present or represented, in accordance with the stipulations of the Article entitled “Responsibilities and Powers of the Active Partners.” The rest of the Article remains unchanged.

Article 20 - DELIBERATION OF THE SUPERVISORY BOARD Paragraph 20.4 of this Article now reads as follows (added words are underlined and in bold, deleted words are struck through): “20.4 - The Supervisory Board approves any proposed new wording of certain clauses of the Articles of Association of Émile Hermès SARL SAS in accordance with the stipulations of the Article entitled “Responsibilities and Powers of the Active Partners”. " The rest of the Article remains unchanged. Article 21 - Joint Council of the Supervisory Board and Executive Management Board of the Active Partner Paragraph 21.1 of this Article now reads as follows (added words are underlined and in bold, deleted words are struck through): “21.1 - The Executive Management of the Company or the Chairman of the Company’s Supervisory Board shall convene a Joint Council meeting of the Supervisory Board and of the Active Partners whenever it is deemed necessary; for the purposes of this Council, Émile Hermès SARL SAS is represented by its Executive Management Board. Notices are served by any means providing legally valid proof in business matters, at least seven business days before the meeting. This period of time may be shortened by unanimous approval of the Chairman or a Vice-Chairman of the Supervisory Board and the Executive Chairman.” The rest of the Article remains unchanged.

TWENTY-SEVENTH RESOLUTION: POWERS

Explanatory statement The twenty-seventh resolution is a standard resolution making it possible to undertake all legal filing and disclosure formalities required by law, following the General Meeting.

Twenty- seventh resolution: Delegation of authority to carry out the formalities related to the General Meeting

The General Meeting, acting under the quorum and majority requirements applicable to Extraordinary General Meetings, confers full powers on any bearer of an extract or copy of these minutes recording its resolutions, in order to carry out all legal publication or other formalities.

496 2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL