Hermès // 2021 Universal Registration Document

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CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

12.2.2 OTHER OFF-BALANCE SHEET COMMITMENTS The Group has no knowledge of any commitments other than those mentioned herein and that are not reflected in the financial statements for the year ended 31 December 2021. To date, there is no exceptional event or dispute that would be liable to have a likely and material impact on the Group’s financial position. Furthermore, in the normal course of its business operations, the Group is involved in legal actions and is subject to controls. A provision is recorded when a risk is identified and when its cost can be estimated.

RELATED-PARTY TRANSACTIONS NOTE 13 Transactions with equity-accounted 13.1 associates Transactions with equity-accounted associates were not material in the financial year. Transactions with other related parties 13.2 Relationships with other related parties, within the meaning of IAS 24 Related Party Disclosures can be summarised as follows: RDAI studio: the RDAI architecture studio was appointed to carry out s exclusive design work on the internal layout of all Hermès Group stores. The fees paid by the Group amounted to €9.9 million excluding tax in 2021. RDAI is considered to be a related party to the extent that a member of the Executive Management Board of Émile Hermès SAS has personal interests in this company and exercises significant influence; Émile Hermès SAS, Active Partner (see chapter 3 “Corporate s governance” § 3.3.1): each year, Hermès International pays the Active partner an amount equal to 0.67% of its distributable profits. In

addition, Hermès International charges Émile Hermès SAS for certain services provided and expenses incurred. Hermès International charged back €0.7 million in this respect in 2021 (including €0.5 million in respect of services provided); Studio des Fleurs: Studio des Fleurs offers photography and s retouching services for packshots of e-commerce products. The amounts paid in 2021 came to €3.2 million. Studio des Fleurs is considered a related party to the extent that a member of the Executive Management Board of Émile Hermès SAS has personal interests therein and exercises significant influence upon it; Ardian Holding: as part of the diversification of its investments, s Hermès International has a 12.10% equity interest in the company Ardian Holding, in which a member of the Supervisory Board has responsibilities. This commitment had been assumed prior to this person’s appointment. Certain of the above transactions constitute related-party agreements according to the definition contained in the French Commercial Code ( Code de commerce ). For more details, refer to chapter 3 “Corporate governance”, § 3.9.1.

400 2021 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL