HERMÈS - 2018 Registration document

Consolidated financial statements Notes to the consolidated financial statements

COMPENSATION OF SENIOR EXECUTIVES

NOTE 30

A breakdown of total compensation paid to members of the Executive Committee and the Supervisory Board, in respect of their functions within the Group, is as follows:

2018

2017

In millions of euros

Short-term benefits

14.8

13.0

Post-employment benefits Other long-term benefits Share-based payments

3.4 0.2 2.2

3.3 0.2 2.2

TOTAL

20.5

18.7

Short-termbenefitsincludecompensationandbonusespaidtoExecutive Committee members during the year, as well as directors’ fees paid to

members of the Supervisory Board. Share-based payments correspond to the amounts expensed in the year.

SHARE-BASED PAYMENTS

NOTE 31

The expense recognised in 2018 in respect of free share allocation plans totalled €72.0million, compared with €74.8million at end-2017. The shares outstanding changed as follows during the financial year:

2018

2017

In shares

Outstanding as at 1 January

1,056,420

1,188,160

5

of which exercisable

s s

Issued Exercised Cancelled Forfeited

(201,560)

(112,700)

(34,320) 820,540

(19,040)

Outstanding as at 31 December

1,056,420

of which exercisable

-

-

s s

Information on the free share allocation plans is provided on page 200 (Table 9.1).

2018 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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