Hermès // 2021 Universal Registration Document

CORPORATE SOCIAL RESPONSIBILITY COMMUNITIES: STAKEHOLDERS AND TRANSPARENCY

COMMUNITIES: STAKEHOLDERS AND TRANSPARENCY

2.7

Hermès’ sustainable development is rooted in harmonious long-term relationships with its stakeholders. Hermès develops its corporate citizenship wherever it operates, contributing to the economic, social and cultural vitality of the regions. Hermès communicates its sustainable development ambitions and achievements with its stakeholders. More broadly, the House contributes to the public dialogue by sharing the specificities of its responsible and sustainable model.

2

Introduction Aware of its responsibility in terms of contribution to regional development, Hermès locates its production activities in France. With more than 400 reasonably-sized sites (production units, stores, logistics sites, offices) worldwide, and more than 80 in France, Hermès contributes to regional sustainable development by providing employment (4,761 new employees over the past five years) and promotes the creation of sustainable value (local recruitment, training of employees, etc.). In line with the strategy adopted in 2020, in 2021 the Group did not request any assistance from the State for mechanisms related to the Covid-19 crisis in any of the countries where it operates. Diverse initiatives enable Hermès to express its uniqueness, as well as extend its outreach into numerous regions, and create constructive ties with local economic players. These harmonious relationships with our stakeholders contribute to its local integration and contribution for a positive impact, strengthen employee pride in belonging to the Company.

Moreover, the House’s subsidiaries and sites organise local charitable operations. They encourage employees to become more involved in the various issues, each in their own way. Giving time, giving of one’s self, opening oneself up to others, giving back to the world part of what they have received. Throughout the world, numerous local interest projects are alive and active thanks to Hermès. The founding values of Hermès are also expressed through the Fondation d’entreprise Hermès, created in 2008, which sets up the necessary conditions for the creation of works of art, transmission of savoir-faire , protection of the environment and encouragement of solidarity actions. (https://www.fondationdentreprisehermes.org/en).

In 2021, the Group made progress on the main issues relating to local integration and relations with stakeholders, with the aim of making a long-term difference through steady improvements with a significant impact. Among these, the selected elements below are particularly illustrative of 2021 for this section: Nearly 400 solidarity and social actions around the world s 29.5% consolidated tax rate at Group level s Donation of €7 million to AP-HP (the Parisian public hospital system) in France in 2021, following €20 million in 2020 s Improvement in the scores of non-financial assessments, Grand Prix de la Transparence (CAC Large 60), Most Responsible Company (Le Point, s Clothing and Accessories sector)

Initial analysis using the European Taxonomy regulation, in line with its TCFD and SASB publications s Reasonable assurance report on a selection of CSR information published in this document. s

2021 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

181