Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

COMBINED GENERAL MEETING OF20APRIL 2023 EXPLANATORY STATEMENTS AND DRAFT RESOLUTIONS

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

Amount awarded in respect of financial year 2022 or accounting valuation

Amount paid during financial year 2022 €1,259,430 of which 10% for achieving the CSR criterion

Presentation

The gross annual variable compensation in 2022 of Émile Hermès SAS, awarded in respect of financial year 2021, was determined by the Executive Management Board on 16February 2022, in accordance with the compensation policy for the Executive Chairmen, and was subject to the deliberation of the Supervisory Board at its meeting of 17February 2022. This component of compensation for the company Émile Hermès SAS 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”). Shareholders having approved the seventh and ninth resolutions by 92.93% and 92.91% respectively, the gross annual variable compensation was paid to the company Émile Hermès SAS after the General Meeting of 20April 2022 (payment subject to approval by the General Meeting). Given the terms of application of the mechanism governing Senior Executive compensation, this component remains subject to a vote ( ex‑post ) by this meeting, due to its payment in 2022. In application of 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 actual gross annual variable compensation of Émile Hermès SAS in 2022 for financial year 2021 increased (+73.2%). The principle of the allocation of deferred variable compensation is not provided for.

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.

Stock options, performance‑based shares or any other component of long‑term compensation (IFRS valuation at the allocation date)

No stock option or performance‑based share plans benefiting the Executive Chairmen were implemented during or in respect of the 2022 financial year. Émile Hermès SAS, a legal entity, is in addition not eligible for the stock option or performance‑based share plans.

Stock options: n/a Performance‑based shares: n/a Other items: n/a

Compensation for assumption of duties

n/a

No such commitment exists.

Severance payment

n/a

No such commitment exists.

Non‑compete indemnity

n/a

No such commitment exists.

Supplemental pension plan Compensation paid or awarded by a company falling within the scope of consolidation Valuation of benefits of any kind

n/a

Émile Hermès SAS, a legal entity, is not eligible for a supplemental pension plan.

n/a

The principle of such compensation is not provided for.

n/a

Émile Hermès SAS does not receive benefits of any kind.

Death and disability plan

n/a

Émile Hermès SAS, a legal entity, is not eligible for a death and disability plan.

n/a: not applicable.

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