Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

PRESENTATION OF THE GROUP AND ITS RESULTS GROUP GOVERNANCE

1.2 GROUP GOVERNANCE

1

and operational management. Its composition reflects the Group’s main areas of expertise. The Operations Committee, which reports to the Executive Management, is made up of the Executive Committee and the Senior Executives of the main métiers and geographical areas of the Group. Its duties are: to involve Senior Executives in the Group’s major issues and strategic orientations; s to promote communication, sharing and reasonable exchanges amongst its members in their area of responsibility; s to enable the Executive Committee to take certain decisions. s Detailed information on the administrative and management bodies is provided in chapter 3 “Corporate governance”, §3.2 and §3.3.

The Executive Management ensures the management of Hermès International. The role of Executive Chairman is to manage the Group and act in its general interest, within the scope of the corporate purpose and subject to those powers expressly granted by law or by the Articles of Association to the Supervisory Board, to the Active Partner and to Shareholders’ General Meetings. The Executive Chairmen’s roles are distributed as follows: Axel Dumas is in charge of strategy and operational management, and Émile Hermès SAS, through its Executive Management Board, is responsible for vision and strategic priority areas. The Executive Chairmen are supported in their management of the Group by the Executive Committee. This consists of Executive Vice‑Presidents, each of whom has well‑defined areas of responsibility. The role of the Executive Committee is to oversee the Group’s strategic

Members of the Executive Committee in the Pantin leather goods workshop in Île de France. From left to right: Agnès de Villers, Pierre-Alexis Dumas, Olivier Fournier, Sharon MacBeath, Guillaume de Seynes, Axel Dumas, Catherine Fulconis, Florian Craen, Charlotte David, Wilfried Guerrand, Éric du Halgouët

The Supervisory Board exercises ongoing control over the Company’s management. For this purpose, it has the same powers as the Statutory Auditors and receives the same documents as they do, at the same time. Detailed information on the composition and work of the Supervisory Board is provided in chapter 3 «Corporate governance», § 3.2 and § 3.4.

Éric de Seynes Chairman of the Supervisory Board

2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

13