Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

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CORPORATE GOVERNANCE THE COMPANY’S CORPORATE GOVERNANCE CODE

Changes made since the most recent update of the Afep‑Medef Code in December 2022 to ensure compliance therewith CSR criteria in Senior Executive compensation (Article 26.1.1) Senior Executive compensation shall include at least one criterion related to the Company’s climate objectives. These precisely‑defined criteria must reflect the most important social and environmental issues for the Company. Quantifiable criteria should be selected where possible.

Explanations

The variable compensation of the Executive Chairmen is partially conditioned (10%) on a “CSR” criterion reflecting the Group’s stated and constant commitments in respect of sustainable development. The indicators making up the CSR criterion relate to the following: decoupling between business growth at constant scope and exchange rates and the evolution of industrial energy consumption (quantifiable environmental criterion); s actions implemented in favour of the Group’s local integration in France and throughout the world, excluding major cities (qualitative societal criterion); s Group initiatives in favour of gender balance (qualitative social criterion). s These indices are in line with the CSR strategy and the action priorities presented in chapter 2 “Corporate social responsibility and non‑financial performance”, §2.1.5). The Company is therefore already in compliance with this recommendation.

Corporate governance award True to the values of the craftspeople and the authenticity of its craftsmanship model, Hermès is committed to seeking quality in all domains and is constantly reinventing itself in a spirit of continuous progress. Since 2009, the Grand Prix de la Transparence , now known as the Transparency Awards, have rewarded the quality of regulated information of French SBF120 companies. The objective of these awards is to enable issuers to measure their performance each year in terms of transparency and to identify market best practices. The Transparency Awards are based on the criteria of accessibility, accuracy, comparability, availability and clarity of information in each company’s key media (universal registration document, finance website, notice of general meeting brochure). An independent scientific committee ensures the neutrality and fairness of the ranking. It is composed of 10 members of organisations and associations representing users of information, including Paris Europlace, Euronext, AMF, IFA, SFAF, AFG and F2ic. These awards recognise the work of all the House’s teams who contribute to the

production of regulated information. 2022: Winner of the “SBF120” Transparency Award (All categories) and nominated for the “ESG Information”, “Universal registration document”, “Website” and “Notice of meeting” awards 2021: Winner of the “CAC Large 60” (CAC 40 and CAC Next 20) Grand Prix de la Transparence and nominated for the “All categories” and “Website” awards 2020: Winner of the “Notice of meeting” Grand Prix de la Transparence 2019: Nominated for the “Clarity of the registration document” award 2018: Winner of the “Best progress” Grand Prix de la Transparence Launched in 2004, the AGEFI Corporate Governance Awards have become a benchmark over the years for best practices in governance. 2017: Winner of the “Governance Dynamics” Gold Grand Prix 2014: Winner of the “Operation of corporate bodies” Silver Governance Grand Prix

2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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