Hermès // 2021 Universal Registration Document

1 PRESENTATION OF THE GROUP AND ITS RESULTS

SIX GENERATIONS OF CRAFTSPEOPLE

1.1

10

GROUP GOVERNANCE

1.2

13

STRATEGY

1.3

14

SIMPLIFIED ORGANIZATION CHART AND GROUP LOCATIONS Summary description of the Group as at 31 December 2021

1.4

17 17

1.4.1

Production sites

1.4.2

18

Distribution network

1.4.3

20

Real estate

1.4.4

23

KEY FINANCIAL FIGURES

1.5

24 24

AFR

Revenue by métier for 2021 (2020)

1.5.1

Revenue by geographical area for 2021 (2020)

1.5.2

24

Key consolidated data

1.5.3

24

REVENUE AND ACTIVITY BY MÉTIER

1.6

26 26

AFR

Leather Goods & Saddlery Ready-to-wear and Accessories

1.6.1

1.6.2

28

Silk and Textiles

1.6.3

29

Other Hermès sectors Perfume and Beauty

1.6.4

30

1.6.5

31

Watches

1.6.6

32

Other products and brands

1.6.7

32

Group partnerships

1.6.8

35

REVENUE AND ACTIVITY BY GEOGRAPHICAL AREA

1.7

35 35

AFR

Europe

1.7.1

Asia-Pacific

1.7.2

36

Americas

1.7.3

37

Digital strategy

1.7.4

37

COMMENTS ON THE CONSOLIDATED FINANCIAL STATEMENTS

1.8

38 38

AFR

Income statement

1.8.1

Cash flows and investments

1.8.2

39

Financial position

1.8.3

39

SIGNIFICANT EVENTS SINCE THE END OF THE FINANCIAL YEAR

1.9

40

AFR

OUTLOOK

1.10

41

AFR

FONDATION D’ENTREPRISE

1.11

42

2021 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

9