Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

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CORPORATE GOVERNANCE EVALUATION OF THE SUPERVISORY BOARD AND COMMITTEES

Areas identified for improvement in the evaluation in 2020 Audit and Risk Committee Receive more information in advance of meetings, have comparables with the practices of Audit Committees and benefit from being able to put financial operations (M&A) into perspective in the strategy. Areas identified for improvement in the 2021 evaluation Supervisory Board Continue to set a timetable and distribute it at least one year in advance. Reorganise the annual programme in order to avoid the review of a major theme when a Joint Council is being held.

Actions taken in 2021

Presentations made during meetings (except for confidentiality issues) are systematically distributed on Herboard. An analysis of market practices (EY governance overview and the Grand Prix de la Transparence criteria) was presented to the Audit and Risk Committee in 2021. Financial transactions are discussed when the annual and half‑year financial statements are presented to the Committee.

Actions taken in 2022

The schedule of the Board and its committees is now set three years in advance.

The timetable has been adapted accordingly.

CAG‑CSR Committee No new areas were identified for improvement. Audit and Risk Committee No new areas were identified for improvement.

The actions carried out in 2021 were continued (see§3.6.2.4).

The actions carried out in 2021 were continued (see§3.6.3.4).

THREE‑YEARLY FORMAL EVALUATION IN 2022

3.7.3

EVALUATION QUESTIONNAIRE PROCESS AND REVIEW

3.7.3.1

the questionnaire covers the following topics in particular: s composition of the Board, independence, term of office, •

In 2022, the Supervisory Board carried out the formal evaluation of the Supervisory Board and its Committees as follows: evaluation conducted confidentially by the secretary of the Board, in conjunction with the Chairwoman of the CAG‑CSR Committee; s secure online questionnaire accessible on computer or mobile; s resumption of the questions from the 2019 questionnaire, some of which were reformulated or deleted in view of the systematically positive assessments received during previous evaluations. Addition of questions to take into account the new duties entrusted to the Board and its committees, reflected in the rules of procedure, and to address the Covid‑19 crisis as well as the implementation of training on the prevention of market abuse; s as in the formal evaluations carried out in 2016 and 2019, the questionnaire allows an evaluation of the individual contribution of Board members; s retention of the possibility, at the end of the questionnaire, to make observations/remarks and to make any suggestions; s three separate sections: s no. 1 Board evaluation (intended for all Board members – 58 questions), • no. 2 Evaluation of the CAG‑CSR Committee (intended for members of this Committee only – 19 questions), • no. 3 Evaluation of the Audit and Risk Committee (intended for members of this Committee only – 23 questions); •

Board meetings, • work of the Board, •

ethics and compliance • quality of discussions, • effectiveness of the Supervisory Board, • relations with the committees, • training of Board members – site visits, • Board rules of procedure – stock market ethics, • impact of Covid‑19 on the functioning of the Board and its committees, • individual contributions, • composition and organisation of committee meetings, • access to information for committee members, • work of the committees; • overall and anonymous reporting by the Chairwoman of the CAG‑CSR Committee to the Supervisory Board on the analysis of the responses made. s

2022 EVALUATION SCHEDULE

3.7.3.2

The evaluation carried out in 2022 was as follows:

launch of the questionnaire evaluation after the June Board meeting; s overall and anonymous summary during the months of October and November; s analysis and summary to the CAG‑CSR Committee in November; s feedback to the Board at the November meeting. s

2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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