Hermès // 2021 Universal Registration Document

PARENT COMPANY FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS

NOTES TO THE FINANCIAL STATEMENTS

6.5

The 12-month financial year covers the period from 1 January through 31 December 2021. The following notes are an integral part of the annual financial statements.

The annual financial statements and notes to the financial statements are presented in euros. Unless otherwise stated, the values shown in the tables are expressed in millions of euros and rounded to the nearest million. As a result, in certain cases, the effects of rounding up/down can lead to a non-significant difference in the totals or changes. In addition, the ratios and differences are calculated on the basis of the underlying amounts and not on the basis of rounded amounts. The Company’s annual financial statements are prepared in accordance with the French General Accounting Plan (PCG) as described by ANC regulation No. 2014-03 and updated in accordance with all regulations that have subsequently modified it.

DETAILED CONTENTS

NOTE 1 NOTE 2 NOTE 3 NOTE 4 NOTE 5 NOTE 6 NOTE 7 NOTE 8 NOTE 9 NOTE 10 NOTE 11 NOTE 12

CHANGE IN METHOD OPERATING ITEMS

416 416 418 419 420 421 422 425 428 428 429 429

HEADCOUNT, PERSONNEL COSTS AND EMPLOYEE BENEFITS

EXTRAORDINARY INCOME

INCOME TAX

PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS FINANCIAL ASSETS AND LIABILITIES – NET CASH POSITION MANAGEMENT OF MARKET RISKS AND DERIVATIVES

SHARE CAPITAL

PROVISIONS FOR RISKS AND EXPENSES – OFF-BALANCE SHEET COMMITMENTS

RELATED-PARTY TRANSACTIONS

EVENTS AFTER THE REPORTING PERIOD

6

2021 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

415