Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

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CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

11.4 Dividends The General Meeting called to approve the financial statements for the year ended 31December 2021 approved, on 20April 2022, the payment of an ordinary dividend of €8,00 per share for the financial year.

Taking into account the interim cash dividend of €2.50 per share paid on 23February 2022, a balance of €5.50 was paid in cash on 27April 2022. The total amount of the ordinary dividend paid was €837 million.

11.5 Income and expenses recognised in comprehensive income Income and expenses recognised directly in other comprehensive income in 2022 were as follows:

Note 5.3.3

Gross impact

Tax impact

Net impact

In millions of euros

Actuarial gains and losses Foreign currency adjustments Revaluation adjustments

51

(11)

41

126 518

-

126 463 629

(55)

TOTAL

For 2021:

Note 5.3.3

Gross impact

Tax impact

Net impact

In millions of euros

Actuarial gains and losses Foreign currency adjustments Revaluation adjustments

12

(2)

9

141 (85)

-

141 (23) 128

62

TOTAL

2022 movements in derivatives (cash flow hedges in foreign currencies) and financial investments break down as follows (after tax):

2022

2021 105 (38) (87)

In millions of euros

Revaluation adjustments as at 1January

83 87 23

Amount transferred to equity in the year in respect of derivatives

Revaluation of derivatives

Revaluation of financial investments

333

87 15 83

Other deferred foreign exchange gains/(losses) recognised in comprehensive income

19

REVALUATION ADJUSTMENTS AS AT 31DECEMBER

546

11.6 Earnings per share

Accounting principles Basic earnings per share are calculated by dividing the net income attributable to owners of the parent by the weighted average number of ordinary shares outstanding during the financial year, less the average number of shares held by Hermès International (treasury shares).

Diluted earnings per share corresponds to the ratio between the net income attributable to owners of the parent and the weighted average number of shares outstanding during the financial year, excluding the shares held by Hermès International (treasury shares), adjusted for the dilutive effect generated by the allocation of free shares.

2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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