Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

CORPORATE GOVERNANCE EVALUATION OF THE SUPERVISORY BOARD AND COMMITTEES

Afep‑Medef Code updated in December 2022):

the shareholders are informed each year in the corporate governance report of the performance of the assessments and, where applicable, the follow‑up given to them. s

review the Board’s operating procedures; s check that key issues are properly prepared and discussed; s measure the effective contribution of each Board member to the work of the Board by virtue of his or her skills and involvement in discussions. s

OBJECTIVES OF THE EVALUATION

3.7.1.3

The evaluation shall have three objectives (Article 11.2 of the

CHANGES SINCE THE LAST EVALUATIONS

3.7.2

3.7.2.1 THREE‑YEARLY FORMAL EVALUATION IN 2019 The results and areas identified for improvement during the last three‑year formal self‑assessment of the Supervisory Board and committees, which took place in 2019, are detailed in the 2019 universal registration document (pages 246 to 248).

particular:

They also showed a keen interest in specific presentations dedicated to in‑depth topics as well as site visits, which they considered very enriching. They expressed a desire to see this practice continued. the quality of the Board files, the improvement in the deadline for sending documents, the proper delivery of advice under the conditions imposed by Covid‑19 (video/mixed). s the general functioning of the Board, the quality of presentations and reporting, the time allocated to discussions, freedom of expression, the quality of the information shared, openness to dialogue with management; s the very high quality of the reports on the work carried out by the specialised committees; s

3

ANNUAL INFORMAL EVALUATIONS IN 2020 AND 2021

3.7.2.2

At the time of the informal annual evaluations in 2020 and 2021, the Supervisory Board considered that its operation and that of its committees remained very satisfactory. During the assessment carried out in 2021, the members praised in

During the 2021 and 2022 financial years, a number of actions were carried out to meet the expectations expressed during these informal evaluations.

Areas identified for improvement in the evaluation in 2020 Supervisory Board Better sharing of all pre- and post‑meeting presentation materials and information on the subjects dealt with by the Board in previous years. An in‑depth study of certain subjects: human resource challenges, the customer (journey and store experience), business sector, stock market experience.

Actions taken in 2021

Signed minutes and presentations made during meetings (except for confidentiality issues) are systematically distributed on Herboard.

A major annual theme “HR Strategy” was presented to the Board in 2021. Strengthening of HR challenges monitored by the CAG‑CSR Committee (see below). A major annual theme, “Analysis of customer behaviour and the customer experience”, was included in the Board’s agenda for 2022 (see §3.5.3.4). Once a year since 2022, a presentation is made to the Board on the stock market performance of the Company over the past year, in comparison with its competitors (see §3.5.4). All Board members are members of the IFA and can request ( via the secretary of the Board) that they follow one of their training courses.

The ability to follow additional training courses.

CAG‑CSR Committee Continue to regularly address the topic of “talent management” while incorporating other issues such as the Group’s ability to absorb the growth in its workforce and the Group’s policy in the areas of inclusion and diversity.

The CAG‑CSR Committee will regularly address the topic of “talent management” while integrating other HR issues into the discussions. In 2021, the Committee was informed in particular of:

recruitment issues, employer brand and support for growth; s the Group’s approach to diversity, inclusion and gender equality. s

2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

327