Hermès // 2022 CSR EXTRACT

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CORPORATE SOCIAL RESPONSIBILITY AND NON ‑ FINANCIAL PERFORMANCE COMMUNITIES: STAKEHOLDERS AND TRANSPARENCY

The vast majority of the Group’s subsidiaries and métiers are therefore heavily involved in charitable actions. The causes supported by the

Group through the various initiatives carried out are as follows:

Craftsmanship, culture and education

Protection of animals and the environment

Solidarity actions

Total 376

Number of initiatives

120

205

51

2.7.2.1.3

Fondation d'entreprise Hermès (see chapter 1 “Presentation of the Group and its results”, §1.11)

€40 million

While the creation of a better and sustainable world has guided the actions of the Fondation d’entreprise Hermès since its creation in 2008, this general interest objective was strengthened in 2022, when its third five‑year term came to an end. It is in this direction that the four main areas that structure the programmes it has set up and which it oversees converge. Whether it is artistic creation, the transmission of savoir‑faire , the protection of biodiversity or the promotion of solidarity, each field makes a tangible contribution to shaping a more humanist society, in which everyone can flourish, fulfil themselves, and act in turn to preserve the planet and pass it on to future generations. In 2022, the Fondation continued its commitments through its programmes. To fight climate change and damage to biodiversity with increasingly severe consequences, the Fondation d’entreprise Hermès launched Manuterra , an environmental education programme for primary to high school students. Following a successful pilot year in 2021. In 2022, 11 classes from four academies already participated in the programme during school hours, i.e. around 280 students. They are invited to create, develop and transmit an edible garden, during 12 sessions of two hours each. Under the guidance of a professional gardener, they cultivate a plot using the permaculture technique while addressing multiple environmental themes. In addition to Manuterra , the Fondation continued its support for the Massane nature reserve (Pyrénées‑Orientales), a beech forest that has been growing unfettered for more than 150 years and has been classified as a Unesco World Heritage site since last summer. This choice made in 2021 reinforces the Fondation’s action in favour of the preservation of ecosystems. The budget of the third mandate of the Fondation d’entreprise Hermès (April 2018‑April 2023) is €40 million over five years. This budget (as a proportion of revenue) is the highest of French business foundations (source: Carenews study dated 18February 2018).

budget for the Fondation

d’entreprise (2018-2023)

2.7.2.1.4 Livelihoods Carbon Fund Since 2012, Hermès has been a partner of the Livelihoods Carbon Fund (LCF), which aims to improve the living conditions of disadvantaged communities in a sustainable manner by developing large‑scale projects with real impact against climate change and simultaneously contributing to local populations and the restoration of biodiversity. Ecosystem restoration, agroforestry and conservation agriculture have the ability not only to sequester carbon sustainably, but also to enable nature and communities around the world to thrive. LCF aims to be a start‑up investor (with an entrepreneurial approach and investment risk) in three types of projects (ecosystems, agroforestry and energy) in Africa, Asia and Latin America as well as in France The fund has 10 partners in its LCF1 & LCF2 compartments: Danone, Crédit Agricole, CDC, Schneider Electric, La Poste, Hermès International, Voyageurs du Monde, SAP, Firmenich and Michelin. Some of these companies, such as Hermès, have also joined the LCF3 fund with the Bel group, Chanel, DEG, Eurofins, the Global Environment Fund, the L'Occitane group, Mars, Mauritius Commercial Bank, McCain Foods and Orange. The initial duration of the funds is 24 years, and the duration of a project varies between 10 and 20 years. By participating in these three funds for 10 years now, Hermès is committed to local economic development, the protection of biodiversity and the fight against climate change.

2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL EXTRACT FROM 2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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