Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

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CORPORATE GOVERNANCE EVALUATION OF THE SUPERVISORY BOARD AND COMMITTEES

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Purpose of duties

Main duties and work carried out in 2022

issue a recommendation to the Supervisory Board on the Statutory Auditors proposed for appointment or renewal by the General Meeting; s monitor the performance by the Statutory Auditors of their assignment (audit approach, audit conclusions, presentation of the Board’s fees); s ensure that the Statutory Auditors comply with the independence conditions; s hold in closed session with the Statutory Auditors; s approve, on a case‑by‑case basis, the provision by the Statutory Auditors of services other than the certification of the financial statements; s report on the results of the engagement regarding the certification of the financial statements, on the way the engagement contributed to the integrity of the financial reporting and the role it has played in this process. s be informed of the security system by analyzing the incidents of the past financial year and the actions implemented; s be informed of the results of risk management, audit and internal control activities; s be informed of the audit plan; s regularly review exposure to risks such as financial, legal, operational, social and environmental risks and the actions taken as a result; s be informed, in a joint meeting with the CAG‑CSR Committee, of exposure to CSR risks (see §3.5.6.2); s be informed of personal data risks and the corresponding action plans; s be informed of risks related to the duty of care; s be informed annually of IT risks, in particular cyber risks, and the corresponding action plans; s proofread chapter 4 “Risk factors and management” of the universal registration document; s ensure the establishment of a system for preventing and detecting corruption and influence‑peddling; s be informed of the update of the plan to prevent and fight against corruption; s be informed of the vigilance plan, ӳ be informed of the establishment of a new banking relationship, ӳ be informed of the means implemented by the Group to fight against counterfeiting. ӳ be informed of operational risk mapping: in 2022, Hermès Watches; s be informed every three years of the Group risk mapping [n/a in 2022] ; s be informed of Group risk factors and the corresponding action plans; ӳ

Audit of accounting and financial information and the work of the Statutory Auditors

Control of risk exposure and prevention of corruption

(1) Non‑exhaustive list ◆ Annual topics ● Occasional or multi‑year topics As part of its duties, the Audit and Risk Committee heard from the Executive Vice‑President Finance, both with regard to accounting data and treasury data, the Director of Consolidation and Taxation, the Director of Audit and Risk Management, the Director of Group Safety, the Director of Group IT (and members of her team), the Director of Information Systems Security, the Director of Insurance, the Director of Treasury, the Director of Financial Communication and Investor

Relations, the Director of Financial Operations, the Director of Hermès Commercial and members of his team, the Managing Director of Hermès Horloger, the Director of Legal Compliance, the Data Protection Officer, the Group General Counsel, the Legal Director in charge of the Fight against Counterfeiting, the Director of Sustainable Development and the Statutory Auditors.

3.7 EVALUATION OF THE SUPERVISORY BOARD AND COMMITTEES

METHODOLOGY WHETHER OR NOT TO USE AN EXTERNAL ADVISOR

3.7.1 3.7.1.1

3.7.1.2 EVALUATION PROCESS The evaluation is carried out, in accordance with the recommendations of the Afep‑Medef Code revised in 2022 (Article 11.3), as follows: the steady progress made in terms of governance; s the small amount of added value expected from an external firm, particularly given the specific nature of a société en commandite par actions (partnership limited by shares), which offers few comparable. s once a year, the Supervisory Board discusses its operation; s a formal evaluation is carried out every three years. It is implemented, under the direction of the CAG‑CSR Committee, with the help of the secretary of the Board; s

During the formal 2022 evaluation, the CAG‑CSR Committee considered, as it had done in 2019, that it was undesirable to call on an outside firm to conduct the formal evaluation of the Supervisory Board. The reasons for this decision are as follows: confidentiality issues raised by giving information on the Supervisory Board to a third party; s the relative absence of weak signals raised by previous evaluations; s

2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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