Hermès // 2021 Universal Registration Document

3

CORPORATE GOUVERNANCE FUNCTIONING OF THE SUPERVISORY BOARD

Persons who are not Board members, in particular members of the Executive and Operations Committees, may be invited to attend Board meetings at the Chairman’s discretion, in order to provide any information that members of the Board might require to reach a full understanding of certain matters on the agenda and which are technical in nature or require special expertise. These people usually attend only the part of the meeting that concerns them. Minutes are drawn up by the Board secretary at the end of each meeting and sent to all Board members, who are invited to comment. Any comments are discussed at the next Supervisory Board meeting, which approves the final text of the minutes of the previous meeting.

the Audit and Risk Committee rules of procedure; s the CAG-CSR Committee rules of procedure; s the Hermès Group stock market ethics Code; s a calendar of closed periods applicable to Permanent Insiders; s the AMF Guide to Permanent Information and Management of Inside s Information (DOC 2016-08); regulations regarding the declaration obligations of Senior Executives s and registration of shares; principles governing the allocation of compensation to Supervisory s Board members; rules on the reimbursement of expenses; s certification and summary of Corporate Officers’ civil liability s insurance; the last three registration documents/universal registration s documents; the notice of meeting for the last General Meeting; s a summary of the results of the last formal three-year evaluation of s the Supervisory Board; presentations made during site visits since 2011; s the Hermès Group code of business conduct (Hermès Group s guidelines); Anti-corruption code of conduct; s professional whistleblowing system notice; s Ethics charter of the Hermès Group; s presentations of Hermès International and Émile Hermès SAS; s the annotated Articles of Association; s the Afep-Medef Corporate Governance Code revised in January 2020. s This master file is updated on a regular basis.

JOINT COUNCIL MEETINGS

3.5.2.2

Whenever it considers it necessary, the Executive Management of Hermès International or the Chairman of the Supervisory Board of Hermès International calls a Joint Council between the Executive Management Board of Émile Hermès SAS and the Supervisory Board of Hermès International.

The role and powers assigned by law and the Articles of Association to the Joint Council are described in § 3.2.3.

In practice, the Joint Council meets at least three times each year, as was the case in 2021. Its recurring work consists mainly of: be given a presentation by the Executive Management on the annual s and half-year consolidated financial statements and parent company financial statements and related draft financial press releases; review the budget for each financial year; s review documents on forecasting and planning; s approve the explanatory statements and the resolutions put to the s General Meeting and acquaint itself with the reports drawn up by the Executive Management.

HERBOARD DIGITAL PLATFORM

3.5.3.2

INFORMATION AND TRAINING OF THE SUPERVISORY BOARD SUPERVISORY BOARD’S MASTER FILE

3.5.3

Since 2016, the Supervisory Board has made use of a secure digital Board management platform hosted in France by Oodrive and customised for Hermès.

3.5.3.1

Since 2011, a “master file” has been provided to the members of the Supervisory Board. This master file has been available since 2016 on the Board’s collaborative platform, Herboard (see § 3.5.3.2). It currently contains the following sections: a list with contact details of the members of the Executive Committee, s Supervisory Board and Board committees, Statutory Auditors and the Board secretary;

Dubbed “Herboard” at Hermès, the platform is accessible from a web browser or via a tablet application and can be used to: organise Board and committee meetings (scheduling of meetings, s sending of meeting invitations, tracking of attendance); provide highly secure and paperless Board documents relating to s Board and committee meetings and to the Supervisory Board’s master file in real time (via a username, password and confirmation code sent via SMS);

a table of the dates of terms of office; s the Supervisory Board rules of procedure; s

278 2021 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL