HERMES_REGISTRATION_DOCUMENT_2017

7

INFORMATION ON THE COMPANY AND ITS SHARE CAPITAL

INFORMATION ON SHARE CAPITAL AND SHAREHOLDERS

INFORMATION ON SHARE CAPITAL AND SHAREHOLDERS

7.2

INFORMATION ON THE SHARE CAPITAL

7.2.1

Share capital

7.2.1.1

Amount

Number

Par value

As at 1/1/2017 As at 31/12/2017

€53,840,400.12 105,569,412 €53,840,400.12 105,569,412 €53,840,400.12 105,569,412

€0.51 €0.51 €0.51

On the day of the meeting

The shares are fully paid-up.

Failure to disclose attainment of certain ownership thresholds as pro- vided by law or by the Articles of Association may disqualify the shares for voting purposes (see Article 11 of the Articles of Association on page 286). Changes in share capital over the past three financial years No change of capital occurred over the last three financial years 7.2.1.3

7.2.1.2 Voting rights By the 15th of each month at the latest, the Company issues a report on the total number of voting rights and shares that makes up the share capital on the last day of the previous month and publishes it on its web- site: http://finance.hermes.com, Regulated Information tab. As at 28 February 2018, the total number of voting rights (including shares deprived of voting rights) was 174,946,564. Each share gives the holder the right to at least one vote in the Shareholders’ General Meetings, except for treasury shares held by the Company, which have no voting rights. Ownership of certain shares is split between a usufructuary and a bare owner. In accordance with the Articles of Association, voting rights attached to the shares are exercised by the bare owners at all General Meetings (ordinary, extraordinary or special meetings), save for deci- sions regarding the allocation of net income, in which case the usufruc- tuary exercises the voting rights. Furthermore, double voting rights are allocated to: s any fully-paid registered share which has been duly recorded on the books in the name of the same shareholder for a period of at least four years from the date of the first General Meeting following the fourth anniversary of the date when the share was registered on the books; and s any registered share allotted for no consideration to a shareholder, in the event of a capital increase effected by capitalisation of sums in the share premiums, reserves or retained earnings accounts, in proportion to any existing shares which carry double voting rights. Double voting rights cease automatically under the conditions specified by the law and notably for any share that was the subject of a conversion to bearer or a transfer, excluding any “registered to registered” trans- fer following succession, liquidation of community of property between spouses or family donation.

INFORMATION ON THE SHAREHOLDERS

7.2.2

7.2.2.1 Number of shareholders Several times a year, the Company uses the Euroclear France “identi- fiable bearer shares” procedure (TPI, titres au porteur identifiables) to identify its shareholders. During the study of 29 December 2017, there were about 101,000 shareholders; there were approximately 87,000 as at 31 December 2016 and about 90,000 as at 31 December 2015. Percentage of individual shareholders The percentage of individual shareholders was 5.6% in December 2017, compared with 5.4% in the same period in 2016. Grouping the registered shares held as at 31 December 2017 by the individual shareholders and the bearer shares identified by the TPI on 29 December 2017, excluding holdings by the family groups. 7.2.2.2

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2017 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL