HERMES_REGISTRATION_DOCUMENT_2017

INFORMATION ON THE COMPANY AND ITS SHARE CAPITAL

INFORMATION ON SHARE CAPITAL AND SHAREHOLDERS

Itshouldbenotedthat,inaccordancewiththestatementsintheaforemen- tioned notice to the AMF, the 1,197,451 shares in Hermès International held by LVMH Moët Hennessy – Louis Vuitton and the 330,080 shares in Hermès International held by Christian Dior correspond to a balance of shares pursuant to exceptional transactions for the distribution of shares in kind not yet delivered or intended to be disposed of. By letter dated2April 2015, theArnault family groupdeclared that it held, as at 31March 2015, 8,972,665 shares representing 8.5% of the capi- tal and5.95%of the voting rights. This drop results fromthe sale by LVMH Moët Hennessy – Louis Vuitton, controlled by the Arnault family group, of fractional amounts of Hermès International shares pursuant to the exceptional distribution in kind that was made on 17 December 2014. Exemption decision At its meeting of 6 January 2011, the AMF granted an exemption to the requirement to file a proposed public offering to buy out the shares of Hermès International, to 52 natural persons and their family compa- nies that are direct shareholders of Hermès International (see decision no. 211C0024, the entire text of which is available on the AMF’s website – www.amf-france.org). This decision has become definitive. 7.2.2.10 Pledging of shares Duly registered shares are not encumbered by any material pledges. 7.2.2.9

7.2.2.11 Share buyback programme

Use in 2017 of authorisations to buy back shares granted by the General Meeting The Combined General Meetings of 31 June 2017 and 6 May 2016 approved share buyback programmes authorising the Executive Management, on the basis of Articles L. 225-209 et seq. of the French Commercial Code, to purchase, on or off the market, a number of shares representing up to 10% of the Company’s share capital as of the date of purchase in order to allot them to the objectives permitted by European regulations (cancellation of shares within the limit of 10% of the share capital per 24-month period, covering the commitment to deliver shares, i.e. in connection with issuances of securities granting access to capital or grants of existing stock or stock options, allocation to employees) or to one or moremarket practices currently or later accepted by the Financial Markets Authority (“AMF”) (acquisition practices and the implementa- tion of a liquidity contract with an investment service provider acting independently), andmore generally to allot them to carrying out any ope- ration in accordance with the regulations in force. The Combined General Meetings of 31 May 2016 and 6 June 2017 authorised the Executive Management to reduce the share capital by cancellation of repurchased shares, within the limit of 10% of the share capital per period of 24 months. The characteristics of the delegations granted to the Executive Management are detailed on page 163 et seq. During the financial year ended 31 December 2017, the Executive Management assigned the transactions shown in the table below, in the context of share buyback programmes authorising the Executive Management to buy and sell its own shares under Article L. 225-209 of the French Commercial Code (Code de commerce) .

7

2017 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

299