Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

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COMBINED GENERAL MEETING OF20APRIL 2023 EXPLANATORY STATEMENTS AND DRAFT RESOLUTIONS

EXECUTIVE CHAIRMEN Components of compensation submitted to the vote

Amount awarded in respect of financial year 2022 or accounting valuation

Amount paid during financial year 2022

Presentation

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7 and 8 resolutions ( ex‑post -global and ex‑post -individual votes): MrAxel Dumas

To the extent that the Executive Chairmen receive neither multi‑year variable compensation nor deferred variable compensation, only the following elements are subject to a vote: fixed compensation paid during financial year 2022; s variable compensation awarded in respect of financial year 2021, paid during financial year 2022; s variable compensation awarded in respect of financial year 2022 whose payment in 2023 is contingent on approval by shareholders at the General Meeting of 20April 2023; and s benefits of all kinds. s The components of compensation detailed below all comply with the compensation policy for the Executive Chairmen presented in the 2022 universal registration document (chapter 3 “Corporate governance”, §3.8.1.1 and §3.8.1.2 ). The other information referred to in Article L.22‑10‑9, I. of the French Commercial Code ( Code de commerce ), 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 seventh resolution you are asked to approve this information for each of the Corporate Officers. The fixed compensation of MrAxel Dumas was determined by the Executive Management Board on 16February 2022, in accordance with the compensation policy for the Executive Chairmen, and submitted to the Supervisory Board for approval at its meeting of 17February 2022. Pursuant to the compensation policy for Executive Chairmen presented in the 2022 universal registration document (chapter 3 “Corporate governance”, § 3.8.1.1 and 3.8.1.2), the fixed compensation for 2022 should have increased by +41.8% compared to the actual compensation for 2021. The Executive Chairmen wished to waive more than 75% of this increase, and therefore received actual fixed compensation up 10% in 2022 compared to the actual fixed compensation for 2021. The amount of €2,301,950 awarded was thus reduced to €1,785,716 (effective amount paid after said waiver). The 2022 gross annual variable compensation of MrAxel Dumas was determined by the Executive Management Board on 16February 2022, in accordance with the compensation policy for the Executive Chairmen, and submitted to the Supervisory Board for approval at its meeting of 17February 2022. This component of compensation for MrAxel Dumas was already submitted to a vote ( ex‑post ) by shareholders at the General Meeting of 20April 2022 (“Gross annual variable compensation awarded in 2022 in respect of 2021”). As the shareholders approved the seventh and eighth resolutions, by 92.93% and 92.92% respectively, the payment of the gross annual variable compensation of MrAxel Dumas took place following the General Meeting of 20April 2022 (payment conditional on the approval of the General Meeting). Given the terms of application of the mechanism governing Senior Executivecompensation, this component remains subject to a vote ( ex‑post ) by this meeting, due to its payment in 2022. In accordance with the compensation policy for the Executive Chairmen presented in the universal registration document for 2022 (chapter 3 “Corporate governance”, §3.8.1.1 and §3.8.1.2), the 2022 effective gross annual variable compensation of MrAxel Dumas increased (+73.2%) for the 2021 financial year. The principle of the allocation of deferred variable compensation is not provided for.

Gross annual fixed compensation for 2022 (or “additional” compensation in the Articles of Association)

€1,785,716

Gross annual variable compensation for 2022 (compensation set by the Articles of Association (“statutory compensation”))

€2,700,742 of which 10% for achieving the CSR criterion

Deferred variable compensation Multi‑year variable compensation

n/a

n/a

The principle of such compensation is not provided for.

Exceptional compensation

n/a

The principle of such compensation is not provided for.

2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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