Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

3

CORPORATE GOVERNANCE COMPENSATION AND BENEFITS OF CORPORATE OFFICERS

Variable component

proportional to attendance at meetings

Fixed component

Maximum amounts attributable

Allocation criteria applicable to 2022

Proportion

Proportion

SUPERVISORY BOARD Chairman

€140,000 100.00%

n/a

n/a €140,000 100.00%

Vice‑Chairmen

€10,000 35.46% €18,200 64.54% €28,200 100.00%

Members

€10,000 35.46% €18,200 64.54% €28,200 100.00%

Employee representative members

n/a

n/a

n/a

n/a

n/a

n/a

CAG‑CSR COMMITTEE Chairman

€28,000 100.00%

n/a

n/a €28,000 100.00%

Members

€5,200 40.00% €7,800 60.00% €13,000 100.00%

AUDIT AND RISK COMMITTEE Chairman

€28,000 100.00%

n/a

n/a €28,000 100.00%

Members

€5,200 40.00% €7,800 60.00% €13,000 100.00%

n/a: not applicable.

As indicated in §3.8.1.3.1 above, it is proposed that the next General Meeting revise the total annual amount of compensation attributable to the members of the Supervisory Board and modify the allocation criteria (full year) as follows:

The allocation principles include a fixed component (35.46% for the Board and 40.00% for the committees) and a variable component proportional to actual attendance at meetings (64.54% for the Board and 60.00% for the specialised committees). No additional compensation is paid to Board members who are not resident in France.

Variable component proportional to attendance

Fixed component

Maximum amounts attributable

Proposed allocation criteria for 2023

Proportion

at meetings Proportion

SUPERVISORY BOARD Chairman

€180,000 100.00%

n/a

n/a €180,000 100.00%

Vice‑Chairmen

€12,000 33.33%

€24,000 66.66% €36,000 100.00%

Members

€12,000 33.33%

€24,000 66.66% €36,000 100.00%

Employee representative members

n/a

n/a

n/a

n/a

n/a

n/a

CAG‑CSR COMMITTEE Chairman

€40,000 100.00%

n/a

n/a €40,000 100.00%

Members

€8,000 40.00%

€12,000 60.00% €20,000 100.00%

AUDIT AND RISK COMMITTEE Chairman

€40,000 100.00%

n/a

n/a €40,000 100.00%

Members

€8,000 40.00%

€12,000 60.00% €20,000 100.00%

n/a: not applicable.

Employment contract The members of the Supervisory Board of a société en commandite par actions (partnership limited by shares) may be bound to the Company by an employment contract with no condition other than that resulting from the existence of a relationship of subordination with the Company and the recognition of effective employment. MsPureza Cardoso (craftsperson/trainer – Maroquinerie de Sayat), and s MrRémy Kroll (Director of Special Sales and Recycling – Hermès International), s

The allocation criteria would still include a majority variable component proportional to actual attendance at meetings (66.66% for the Board and 60.00% for the specialised committees). The other allocation criteria would remain unchanged. The attendance record and the corresponding allocation of annual compensation for a financial year are prepared by the CAG‑CSR Committee and then approved by the Supervisory Board in the first quarter of the following financial year.

2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

340