Hermès // 2021 Universal Registration Document

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INFORMATION ON THE COMPANY AND ITS SHARE CAPITAL INFORMATION ON SHARE CAPITAL AND SHAREHOLDERS

The shares may be repurchased in order to be allocated to the objectives permitted by regulation (EU) No. 596/2014 of 16 April 2014 on market abuse (Market Abuse Regulation – “MAR”): objectives provided for in Article 5 of the MAR: capital decrease, hedging of debt securities s exchangeable for shares and coverage of employee shareholding plans; objectives provided for in Article 13 of the MAR and under the market practice accepted by the s Financial Markets Authority (AMF): the implementation of a liquidity contract by an investment service provider acting independently and in accordance with the provisions of AMF Decision No. 2021-01 of 22 June 2021; other objectives: acquisitions, hedging of equity securities exchangeable for shares and, more s generally, to allocate them for the completion of any transactions in accordance with the regulations in force. 10% of the share capital on the date of the General Meeting: i.e. on the basis of the share capital issued at 31 December 2021: 10,556,941 shares; s it being specified that treasury shares held on the day of the General Meeting are not taken into s account in this maximum amount. the maximum purchase price (excluding costs) would be set at €1,900 per share; s the maximum amount of funds to be committed would be set at 3 billion. It is specified that treasury s shares held on the day of the General Meeting are not taken into account in this maximum amount. The shares may be purchased by any means, including all or part of interventions on regulated markets, multilateral trading systems, with systematic internalisers or OTC, including block purchases of securities (without limiting the portion of the buyback programme carried out by this means), by public offering to purchase or exchange or the use of options or derivatives (in compliance with legal and regulatory requirements applicable at the time), excluding the sale of put options, and at the time that the Executive Management deems appropriate, including during a public offering for the shares of the Company, in accordance with stock market regulations, either directly or indirectly via an investment services provider. The shares acquired pursuant to this authorisation may be retained, sold, or transferred by any means, including by block sales, and at any time, including during public offerings. This authorisation would be valid for 18 months from the date of the Combined General Meeting of 20 April 2022, i.e. until 20 October 2023.

Objectives of the share buyback programme

Maximum share of capital that may be bought back

Maximum purchase price and maximum authorised amount of funds that may be committed

Terms & Conditions

Duration of the buyback programme

456 2021 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL