HERMÈS - 2018 Registration document

Overview of the group

Fondation d’entreprise

PROPERTY

1.7

1

In Paris, the Group now occupies office space of approximately 30,000 m 2 mainly near its historical registered office of 24, rue du Faubourg-Saint‑Honoré and 19-21, rue Boissy-d’Anglas, which it owns. Staff also work in office premises in rue de la Ville-l’Évêque and rue d’An- jou, leased from third parties under commercial leases. In Bobigny, in 2018 the Group completed the renovation of the logistics site it owns, with a total surface area of approximately 31,000 m 2 . In Pantin, Hermès occupies nearly 83,000 m 2 in manufacturing pre- mises and office space, most of which is owned by the Group, in the town centre, including the Espace Jean-Louis Dumas, which opened in 2015, and the Cité desMétiers, which won the Prix de l’Équerre d’Argent 2014. The Group is the owner of 47 of the 54 production units that it ope- rates (please refer to page 33 for a detailed list). A third leather goods workshop located in Allenjoie in the Pays de Montbéliard was opened in 2018. In creating the Foundation in 2008, the House’s Senior Executives wanted to reinforce the impact of its sponsorship programme while ensuring its durability. Expand it, definitely, but how? The issue was to delineate our areas of intervention and equally the way in which we take action. Promoting savoir-faire, supporting creativity and encouraging the transfer of knowledge therefore became imperatives for us, while we decided to prioritise training in our métiers and the implementation of inventive and innovative projects in each of these areas. We are per- petuating the humanist values of Hermès by offering responses to the needs that we identify and that serve the public interest. Gradually, the shape of the Foundation and its methods of action were clarified, which led us to prepare very focused programmes that we designed and, for some of them too, became the operators on the ground. For several years we have been giving thought to the actions we could take to promote craftsmanship within the Company and notably among the youngest generations. In2016, wewere therefore able to put in place our Manufacto programme, la fabrique des savoir-faire for which the agreement of the Paris board of education was decisive. The success of this first edition supported our wish to continue it in years to come. Experiencing the “pleasure of doing” acts as a driver for discovering the métiers of craftsmanship while being a school for expression. In parallel, the third edition of the Skills Academy , dedicated tometal working, again brought together a large audience around the contemporary challenges related to expertise in the material. By addressing schools and profes- 1.8 FONDATION D’ENTREPRISE

Hermès products are sold worldwide through 310 exclusive stores (a detailed list is provided on pages 28 to 31). Of the 310 exclusive Hermès retail stores, 219 are operated as branches. Most are occupied under commercial leases intended primarily to ensure the continuity of operations over time. However, the Group also owns the buildings that house certain stores, including those in Paris, Ginza in Tokyo, Dosan Park in Seoul, Beverly Hills and Geneva. The building of its former Hong Kong Central flagship (Galleria), which moved across the street into the Landmark Prince’s property complex in January 2018, was sold in April. In London, the Group also owns a commercial and office building pur- chased in 2009 and leased to an external tenant. The branches are located in the following geographical areas: 72 in Europe (including 14 in France), 43 in the Americas (including 27 in the US), 97 in Asia (including 31 in Japan), and 7 in Oceania.

sional audiences, each of these programmes expresses our belief that craftsmanship represents a métier that is both able to thrive and focused on the future. Although it is undeniably handed down as our heritage, savoir-faire is also undergoing constant change and is attentive to inno- vation: it forms a de facto part of the contemporary world. In a complementary way, the Foundation is involved in the field of artis- tic creation. The cornerstone of our activity is encouraging freedom of expression by giving artists the time to create the methods that serve their purpose and by giving the public access to a sensitive, critical and political understanding. We have chosen to support contemporary forms – those that will be tomorrow’s cultural heritage – by supporting the creation of new works. Whether it be New Settings , the Foundation’s exhibitions , Artist’s Residencies, Artists in the Community, Immersion , a Franco American photographic commission, all programmes engage artists in working in environments that change the places where they are carriedout. Takingartistic risks–whether on the stageof a theatreor pro- duction unit workshops – contributes to the emergence of original forms. For ten years many creators have ventured successfully into new artistic and geographical territories thanks to the Foundation’s support. Many spectators and visitors have been moved, stimulated or even shaken by works of enormous intensity. The Foundation is please to contribute not only to the emergence of the most daring creations, but also to making them available to an increasingly large audience.

2018 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

35