Hermès // 2021 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Lease agreements with related parties 13.3

Contractual term

Security deposit

Lessor

Lessee Lease type

Start

End

ADDRESS

Share of the building 28/30/32, rue du Faubourg Saint-Honoré Share of the building 28/30/32, rue du Faubourg Saint-Honoré

Hermès International

Commercial lease Commercial lease Commercial lease Commercial lease Commercial lease Commercial lease

SAS SIFAH

9 years 01/01/17 31/12/25 3 months

Hermès Sellier

SAS SIFAH

9 years 01/01/17 31/12/25 3 months

Hermès International Hermès International

Building 26, rue du Faubourg Saint-Honoré

SAS SIFAH

9 years 01/01/14 31/12/22 3 months

Building 26, rue du Faubourg Saint-Honoré

SAS SIFAH

9 years 01/01/17 31/12/25 3 months

Hermès Sellier Hermès Sellier

Building 23, rue Boissy d’Anglas

SAS SIFAH

9 years 01/01/18 31/12/26 3 months

S.C. Auguste Hollande

Building 74, rue du Faubourg Saint-Antoine

9 years 01/07/17 30/06/26 3 months

Comptoir Nouveau de la Parfumerie

4, rue du Pont-Vert 27400 Le Vaudreuil

Briand Villiers I

Commercial

lease 9 years firm 01/07/14 30/06/23 3 months

Total net value of right-of-use assets for the above-mentioned leases, calculated in accordance with IFRS 16, stood at €48 million in 2021 (versus €53 million in 2020), given the assumptions made relating to lease terms and discount rates.

Amortisation of these right-of-use assets amounted to €10 million in 2021 (compared with €10 million in 2020). All of the transactions described were carried out on an arm’s length basis, i.e. on terms that would apply if the transactions had occurred between unrelated parties.

EVENTS AFTER THE REPORTING PERIOD

NOTE 14

5

No significant events have occurred since the closing date of 31 December 2021.

STATUTORY AUDITORS’ FEES

NOTE 15

The fees paid to the Statutory Auditors and members of their networks in respect of the 2021 financial year, were as follows:

PricewaterhouseCoopers

2021

2020

In millions of euros

Certification of financial statements 1

1.9 0.4 2.3

83% 17%

1.8 0.5 2.3

78% 22%

Services other than certification of financial statements 2

TOTAL

100%

100%

Of which €0.8 million invoiced by PricewaterhouseCoopers Audit, Statutory Auditor of the Company and its French subsidiaries. (1) Of which €0.1 million invoiced by PricewaterhouseCoopers Audit, Statutory Auditor of the Company and its French subsidiaries. These services mainly concern the (2) work performed by the independent third party on social, societal and environmental information, compliance work relating to non-financial data and taxation for the Group’s foreign subsidiaries, as well as various certifications.

Grant Thornton Audit

2020

2021

In millions of euros

Certification of financial statements 1

1.1 0.0 1.1

99%

1.0 0.0 1.0

99%

Services other than certification of financial statements

1%

1%

TOTAL

100%

100%

Including €0.7 million invoiced by Grant Thornton Audit, Statutory Auditor of the Company and its French subsidiaries. (1)

2021 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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