Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

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CORPORATE GOVERNANCE AFR

SUPERVISORY BOARD CORPORATE GOVERNANCE REPORT AFR

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THE COMPANY’S CORPORATE GOVERNANCE CODE

3.1

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Corporate governance principles applied

3.1.1 3.1.2

Provisions of the Afep‑Medef Corporate Governance Code not applied and those newly complied with

255

AMBITIOUS AND BALANCED GOVERNANCE Organisational structure of Hermès International as at 31December 2022

3.2

259

3.2.1

259 260 261 262 262 263 267 271 273 274 274 275 277 279 280 285 287 309 309 310 311 314 315 316 318 319 319 320 324 290

Two types of partners

3.2.2 3.2.3

Governance by nature dissociated

ADMINISTRATIVE AND MANAGEMENT BODIES The Active Partner and its Executive Management Board

3.3

3.3.1 3.3.2 3.3.3 3.3.4 3.3.5 3.4.1 3.4.2 3.4.3 3.4.4 3.4.5 3.4.6 3.4.7 3.4.8 3.5.1 3.5.2 3.5.3 3.5.4 3.5.5 3.5.6 3.5.7 3.4 3.5

Executive Management

Governing bodies

Non‑discrimination and diversity policy Succession plan for Senior Executives

ORGANISATION OF THE SUPERVISORY BOARD Key data on the Supervisory Board as at 31December 2022

Applicable principles

Diversity policy applied within the Supervisory Board Succession plan for the Chairman of the Supervisory Board

Composition of the Supervisory Board

Independence of the members of the Supervisory Board

Supervisory Board ethics

Informations et renseignements sur les membres du Conseil de surveillance en fonction

FUNCTIONING OF THE SUPERVISORY BOARD

Role of the Supervisory Board

Meetings of the Supervisory Board and the Joint Council Information and training of the Supervisory Board Main duties of the Supervisory Board and work carried out in 2022

Ethics and compliance – Personal data protection

Corporate social responsibility (CSR)

Compensation and reimbursement of expenses

SPECIALISED COMMITTEES

3.6

Applicable principles CAG‑CSR Committee

3.6.1 3.6.2 3.6.3

Audit and Risk Committee

2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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