HERMES_REGISTRATION_DOCUMENT_2017

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INFORMATION ON THE COMPANY AND ITS SHARE CAPITAL

INFORMATION ON SHARE CAPITAL AND SHAREHOLDERS

7.2.2.6 Change in ownership and voting rights During the last three financial years and to the Company’s knowledge, the distribution of capital and voting rights in the Company (by percentage) was the following:

31/12/2017

31/12/2016

31/12/2015

Voting rights 1

Allocation of net income

Shareholders holding more than 5% of the capital or voting rights

Share capital

Other

H51 SAS H2 SAS

53.5% 63.3% 63.3% 52.6% 62.7% 62.7% 52.6% 62.7% 62.7% 6.5% 7.9% 7.9% 6.5% 7.6% 7.6% 6.5% 7.0% 7.0% 6.0% 4.6% 6.9% 6.0% 4.5% 6.9% 6.1% 4.4% 6.7% 66.0% 75.8% 78.2% 65.1% 74.8% 77.2% 65.2% 74.1% 76.4%

Other members of the Hermès family group

Subtotal Hermès family group 2

Semyrhamis

- - -

8.3% 5.1% 5.1% 8.3% 5.1% 5.1% 0.2% 0.1% 0.1% 0.2% 0.1% 0.1% 8.5% 5.2% 5.2% 8.5% 5.2% 5.2%

Famille Arnault

Subtotal Arnault family group 3

Public 4 5

32.7% 24.2% 21.8% 25.4% 20.0% 17.6% 19.4% 17.3% 14.9%

–

– 5.8% 3.5% 3.5%

Nicolas Puech 6 Treasury shares

1.3% 0.0% 0.0% 1.0% 0.0% 0.0% 1.1% 0.0% 0.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%

TOTAL

(1) Voting rights that can be exercised in the General Meeting. In accordance with Article 12 of the Articles of Association of the Company, the voting right is exercised by the bare owner for all decisions made for all General Meetings, except for decisions concerning the allocation of net income, for which the voting right is exercised by the usufructuary. The procedures for publishing and allocating voting rights are detailed on page 294. (2) The Hermès family group is composed of the partners of Émile Hermès SARL, their spouses, children and grandchildren, their asset holdings, and direct and indirect shareholders in Hermès International and Émile Hermès SARL. (3) The lines composing this subtotal were established: s for 2017, according to the threshold-crossing declaration of 11 July 2017 on page 298, the participation of the Arnault family group is integrated under the “Public” heading in 2017; s for 2015, according to the declaration of 27 January 2016. (4) These percentages correspond to the total shares and voting rights in circulation, reduced by the number of shares and voting rights declared by the identified shareholders as mentioned in this table. (5) Including the Arnault family group, refer to the threshold-crossing declaration of 11 July 2017 on page 298. (6) This line was established: s at 31 December 2017: Mr Nicolas Puech did not indicate the number of shares he held. However, on 10 February 2018, he did declare that he had not crossed any shareholding thresholds. This statement implies that, as at 31 December 2017, Mr Nicolas Puech held or was entitled to hold between 5% and 10% of the share capital. Not having specific information on the size of Mr Nicolas Puech’s shareholding, its participation is integrated under the “Public” heading in 2017; s at 31 December 2016: Mr Nicolas Puech did not indicate the number of shares he held. However, on 8 February 2017, he did declare that he had not crossed any shareholding thresholds. This statement implies that, as at 31 December 2016, Mr Nicolas Puech held or was entitled to hold between 5% and 10% of the share capital. Not having specific information on the size of Mr Nicolas Puech’s shareholding, its participation is integrated under the “Public” heading in 2016; s at 31 December 2015: according to Mr Nicolas Puech’s signed declaration of 8 February 2016, it being specified that 900,000 shares are held in the name of the Fondation Nicolas Puech. s for 2016, according to the declaration of 12 January 2017;

Resolution 12, voted at the General Meeting of 31 May 2016, approved the establishment of a free share plan for all Group employees, subject to the mechanisms applicable to free share plans, notably concerning the reference and holding periods. On 30 December 2017, employee shareholding, based onplans already paid, involvedmore thanhalf of the Group’s workforce, which held 833,624 Hermès shares, representing 0.8% of the Group s share capital. Taking into account this new 2016 plan, employee shareholding could exceed 1.5% when the shares are granted in 2020.

7.2.2.7 Employee ownership of share capital No shares are owned by employees of the Company or any affiliated enti- ties via the Company savings plan or dedicated employee investment. Hermès, faithful to its family tradition, involves all of its employees throughout the world with in the Group’s growth, through employee shareholding mechanisms, which form part of the Group’s long-term compensation policy andwhich help tomotivate and retain its employees for the future. Thus, the Hermès Group has offered its employees, in France and internationally, free share plans, granted in 2007, 2010 and 2012.

2017 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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