Hermès // 2021 Universal Registration Document

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CORPORATE GOUVERNANCE AUTRES INFORMATIONS

SUMMARY OF RELATED-PARTY AGREEMENTS IN FORCE DESCRIBED IN THE STATUTORY AUDITORS’ SPECIAL REPORT

Nature of the agreement

Persons concerned

Nature, purpose and terms of the agreement

Amount

Service agreement with Émile Hermès SAS 1

Émile Hermès SAS, Executive Chairman of Hermès International

The Supervisory Board authorised the conclusion of a service agreement between Hermès International and Émile Hermès SAS covering ordinary legal and financial assignments. Date of approval by the Supervisory Board 23 March 2005 and 14 September 2005 Contract 1 September 2007 Amendment No. 1 25 January 2012 Amendment No. 2 30 August 2012 Amendment No. 3 29 July 2021 Downgrading The Supervisory Board decided to downgrade this agreement on 29 July 2021 in view of the adoption of new re-invoicing methods taking effect retroactively from 1 January 2021. This agreement is now qualified as an ordinary agreement entered into under arm’s length conditions. The Supervisory Board authorised the conclusion of a contract between Hermès International and Studio des Fleurs relating to services for shots and retouches for e-commerce product pack shots. Grounds justifying its interest for the Company Studio des Fleurs has accepted the following points, which were fundamental for Hermès International: obligations of Studio des Fleurs: compliance with very precise s specifications, duty of advice, monitoring of services, quality control; criteria for monitoring performance indicators; s no guaranteed minimum order; s fixed three-year term followed by indefinite duration; s long notice of termination (18 months); s no exclusivity; s undertaking by Studio des Fleurs to take the necessary steps to s preserve its economic independence (notably by broadening and diversifying its customer base) vis-à-vis the Hermès Group; confidentiality and prohibition on using Hermès as a reference; s no revision of rates before the expiry of three years, and then s revision possible but capped. Date of approval by the Supervisory Board 20 March 2018 Contract 29 July 2021 New commercial conditions On 29 July 2021, the Supervisory Board approved new commercial conditions applicable to this contract. This agreement provided for the revision of tariffs following an initial period of three (3) years by application of an index and a ceiling, with the possibility of the parties waiving this ceiling if changes in the index or service provisions justified it. The significant change in tariff practices in the market and, in particular, the index in question, thus led the parties to agree on new trading terms and conditions for 2021 and 2022. The Supervisory Board noted that, pursuant to these new commercial conditions, the increase in prices over the period covered by the contract is lower than the increase in the index chosen over the same period and that the new commercial conditions agreed upon are therefore in the Company’s interest. https://finance.hermes.com/en/regulated-agreements/

n/a (downgrading effective 1 January 2021)

For financial year 2021, invoicing for these services

Service agreement with Studio des Fleurs

Mr Frédéric Dumas, member of the Executive Management Board of Émile Hermès SAS, Executive Chairman of Hermès International

amounted to €3,248,687.

316 2021 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL