HERMÈS - 2018 Registration document

Overview of the group

Activity by métier

PARTNERSHIPS

1.4.8

1.4.7.7 Petit h What defines petit h is first and foremost a process of reverse creation: drawing inspiration from a material to imagine new objects. Petit h offers artists and creators working in the same workshop left over materials and objects from the Hermès Group’s manufacturing workshops and brands (Puiforcat, cristallerie Saint-Louis, John Lobb, Le Crin, Verel de Belval, Créations Métaphores, etc.). Thanks to this unpre- cedented artistic and pluralistic take on exceptional materials, backed up by the complete mastery of savoir-faire in excellence, petit h creates unexpected objects while using resources destined to be excluded from production. This singular creative approach resonates in original and inventive distri- bution, off the beaten path, with sales that are experiences in themsel- ves. Thus, petit h took to the road as it does each year to meet Hermès customers all over the world, with two pop-up sales. At the end of August, the Lisbon store invited guests to explore a cabinet of curiosities wor- thy of a roguish explorer, including a treasure chest. In late November, petit h transformed the first floor of the Landmark Prince’s store in Hong Kong to unveil a myriad of offbeat and uplifting objects. The staging had something of a fantasy tree, with cylindrical leaves wedding bamboo structures with silk, fabric or Hermès leather. A nomad by nature, petit h nevertheless maintains a permanent home in Paris, in the entrance of the Hermès store in the Rue de Sèvres. Six times a year, stories of surprising objects are told. Shang Xia Other than for its 9th anniversary, 2018 was a key milestone for Shang Xia, a House dedicated to the contemporary Chinese lifestyle, inspired by oriental aesthetics and elegance. 2018 was marked by the development of collections, largely through exceptional pieces. After Shang Xia’s master pieces have been collec- ted respectively by Museum des Arts Decoratifsde Paris and by Guimet Museum, Shang Xia “Garden” Xi Pi Lacquer box became a permanent collection of The British Museum. This masterpiece is a round box in “Xi Pi” lacquer with swirling, cloud like gold inlay. The interior is divided into five removable lacquered compartments arranged on a red and black lacquer tray. The event was not only a milestone for Shang Xia, but also a significant step forward for contemporary design in China. In addition, the “Echo” porcelain eggshell was collected by the Sydney Museum of Applied Arts and Sciences. Lastly, the “Flying Chair” carbon fibre chair from the Da Tian Di collection, inspired by traditional Ming chairs, com- bining high-tech materials and traditional elegance, has become a new emblematic product. 1.4.7.8

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1.4.8.1 Faubourg Italia In addition to its tableware and art of living collections, Hermès offers a complete range for the home that includes furnishing fabrics and wallpapers. The latter are developed in partnership with the Italian fabric producer Dedar, which also controls international distribution. A joint subsidiary, named Faubourg Italia, was created in 2011. Hermès International holds 60% of its share capital. J3L Hermès holds 30% of the share capital of J3L, a long-standing French supplier to the Group, specialising in metal parts destined principally for leather goods and fashion accessories. Perrin & Fils Holding Textile Hermès has a 39.5% stake in the share capital of Perrin & Fils. The Perrin Group specialises in weaving for a range of sectors as diverse as lingerie, furnishing fabrics, ready-to-wear and accessories. Vaucher Manufacture Fleurier La Montre Hermès holds a 25% share in the capital of Vaucher, the watchmaking production unit. Located in the heart of traditional watch- making territory, between Neuchâtel in Switzerland and the French bor- der, the Vaucher production unit perpetuates superior know-how and produces high-end and prestige watch movements. Bettina Hermès holds a 40% share in the capital of Bettina, a long-standing partner of the Group. The company specialises in the production of twil- laine, a unique blend of knit and silk, and operates in the ready-to-wear sector, but also in silk, textiles and the art of living. Maison Pierre Hardy Since 2016, Hermès has had a minority stake in the capital of Maison Pierre Hardy (33%) a French shoe and fashion accessory design house directed by Mr Pierre Hardy, its founder and Artistic Director. 1.4.8.2 1.4.8.3 1.4.8.4 1.4.8.5 1.4.8.6

2018 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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