Hermès // 2021 Universal Registration Document

PARENT COMPANY FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS

RELATED-PARTY TRANSACTIONS

NOTE 11

In addition, Hermès International charges Émile Hermès SAS for certain service provisions and expenses incurred. Hermès International charged back €0.7 million in this respect in 2021 (including €0.5 million in respect of services provided); trademark license agreements: Hermès International receives brand s royalties from Hermès Sellier (€211 million), Comptoir Nouveau de la Parfumerie (€20 million) and La Montre Hermès (€9 million); 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.

Related-party transactions were not material during financial year 2021 in comparison with the overall activities of Hermès International. The companies mentioned below are considered related parties insofar as certain members of management of the Company or certain members of the Supervisory Board or Executive Management Board of Émile Hermès SAS have personal interests therein and exercise significant influence. The most significant relationships with related parties are summarised as follows: Émile Hermès SAS, Active partner (see chapter 3 "Corporate s governance", § 3.3.1): each year, Hermès International pays 0.67% of its distributable profit for the financial year to the Active partner.

EVENTS AFTER THE REPORTING PERIOD

NOTE 12

None .

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2021 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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