Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT
COMBINED GENERAL MEETING OF20APRIL 2023 EXPLANATORY STATEMENTS AND DRAFT RESOLUTIONS
SEVENTH, EIGHTH, NINTH AND TENTH RESOLUTIONS: APPROVAL OF TOTAL COMPENSATION AND BENEFITS OF ALL KINDS PAID DURING OR AWARDED IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 TO THE CORPORATE OFFICERS – ACTUAL APPLICATION OF THE COMPENSATION POLICY
Explanatory statement The mechanism applicable to sociétés en commandite par actions (partnerships limited by shares) governing Senior Executive compensation is
described in detail in the 2022 universal registration document (chapter 3 “Corporate governance”, §3.8). In respect of the past financial year (ended on 31December 2022), this mechanism provides for:
a so‑called “global” ex‑post vote concerning the information referred to in I of Article L.22‑10‑9 of the French Commercial Code ( Code de commerce ). This information reflects, for each of the Corporate Officers in office during the financial year ended on 31December 2022, the effective application of the compensation policy for that financial year. s The information referred to in 1°, 2° and 4° of Article L.22‑10‑9, I. of the French Commercial Code ( Code de commerce ) is detailed and explained below. The other information referred to in this Article, which is also subject to the global ex‑post vote, is described in the 2022 universal registration document (chapter 3 “Corporate governance”, §3.8.1, §3.8.2 and §3.8.4). In the seventhresolution you are asked to approve this information for each of the Corporate Officers; a so‑called “individual” ex‑post vote concerning the total compensation and benefits of all kinds paid during or awarded in respect of the financial year ended to the Executive Chairmen and the Chairman of the Supervisory Board. s In theeighth to tenth resolutions, you are asked to approve the total compensation and benefits of all kinds paid during or awarded in respect of the financial year ended 31December 2022 to the Executive Chairmen and the Chairman of the Supervisory Board. The components making up this total compensation and benefits in kind are presented in the tables below, as follows:
Resolution
Corporate Officers concerned
Global ex‑post vote
th
7 (information on the compensation and benefits of all Corporate Officers)
Executive Chairmen, Chairman and members of the Supervisory Board
Individual ex‑post votes
th
8 (compensation and benefits of MrAxel Dumas)
Executive Chairman
th
9 (compensation and benefits of Émile Hermès SAS)
Executive Chairman
th
10 (compensation and benefits of MrÉric de Seynes)
Chairman of the Supervisory Board
8
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