Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

INFORMATION ON THE COMPANY AND ITS SHARE CAPITAL DIVIDEND POLICY

7.3 DIVIDEND POLICY

7.3.1 PRINCIPLES Subject to the investments needed for the Company’s development and the corresponding financing requirements, the Company’s current intention is to continue the “ordinary” dividend policy it has conducted over the past several years. The amounts of dividends paid in each of the financial years included in the historical financial information are shown in chapter 9 “Additional information”, §9.4. You are reminded that, in order to distribute part of the large amount of cash available, an “exceptional” dividend of €5.00 was paid in 2012, 2015 and 2018, in addition to the “ordinary” dividend.

PROPOSAL SUBMITTED TO THE 2023 GENERAL MEETING

7.3.2

During the General Meeting of 20April 2023, it will be proposed that the ordinary dividend be set at €13.00 per share. The Executive Management decided to pay an interim dividend of €3.50 per share, paid on 22 February 2023, which will be deducted from the dividend to be decided by the General Meeting. In future, the Executive Management will decide case by case, given the situation of the Group and its prospects, whether it is appropriate to pay interim dividends before the General Meeting. In accordance with the law, the time limit after which entitlement to dividends of Hermès International shares ceases is five years from the dividend payment date. After the five‑year time limit expires, the Company pays over any unclaimed dividends to the tax centre to which it reports.

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2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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