Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

CORPORATE GOVERNANCE EVALUATION OF THE SUPERVISORY BOARD AND COMMITTEES

KEY POINTS OF THE 2022 EVALUATION Evaluation of the Supervisory Board in 2022

3.7.3.3

In view of the findings of the above analysis, the Supervisory Board deemed its functioning and that of its committees to be very satisfactory overall. The next formal self‑assessment of the Board will take place in 2025.

The summary of the evaluation shows an extremely positive assessment by all of its members. The analysis of the results of the evaluation showed: progress in its functioning since the last evaluation; for both the Board and the committees; s a satisfactory composition that meets the objectives and principles of the Board’s diversity policy (see §3.4.3); s an objective assessment of the role and responsibility of Board members; s more mature general functioning and effective, well‑documented Board meetings that promote discussion; s varied topics covering the entire scope of the Board’s expertise; s good quality, well‑prepared, comprehensive and transparent site visits and annual themes; s a positive assessment of the content of the rules of procedure and the control of the system for preventing market abuse by members; s the introduction of a joint meeting between the Audit and Risk Committee and the CAG‑CSR Committee, dedicated to the Group’s exposure to CSR risks; s high quality minutes and reports. s Evaluation of the CAG‑CSR Committee and the Audit and Risk Committee in 2022 The operation and work of the CAG‑CSR Committee and the Audit and Risk Committee are deemed very satisfactory. The analysis of the results of the evaluation showed: an adequate composition of the committees; s very efficient organization and work of the committees. The creation of a joint meeting between the two committees, dedicated to CSR risk exposure, was particularly welcomed (see § 3.5.6.2); s extremely satisfactory access to information; s steady progress in its functioning since the last assessment. s

POINTS FOR IMPROVEMENT IDENTIFIED FOLLOWING THE THREE‑YEAR FORMAL EVALUATION IN 2022

3.7.3.4

Some members would like to see changes on the following points, which the Board, on the proposition of the CAG‑CSR Committee, has decided to adopt as areas for improvement for the future: the provision of continuous training offer to enable members who so wish to maintain and develop their level of skills; s extension of site visits to distribution subsidiaries; s ever greater monitoring of CSR issues. s No new areas for improvement were identified with regard to the Board Committees.

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2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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