Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

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COMBINED GENERAL MEETING OF20APRIL 2023 EXPLANATORY STATEMENTS AND DRAFT RESOLUTIONS

5) resolves that the Executive Management will set, at the time of each allocation, the vesting period at the end of which the allocation of ordinary shares will become definitive, this period being not less than one year; however, in the event of the death of the beneficiary, his or her heirs may request the allocation of shares within six months of the death, subject, where applicable, to the achievement of the performance conditions; in addition, in the event of disability of the beneficiary corresponding to the classification in the second or third of the categories provided for in Article L.341‑4 of the French Social Security Code ( Code de la Sécurité sociale ) and resulting in the cessation of all professional activity, the beneficiary may request the allocation of such shares before the end of this period, subject, where applicable, to the achievement of the performance conditions; 6) resolves that the Executive Management will set, in principle, at the time of each allocation, a period during which the shares must be held by the beneficiaries, which will run from the final allocation of the ordinary shares and may not be less than one year. Nevertheless, the Executive Management is authorised to reduce or eliminate the said retention period, under the conditions and limits provided for by the law in force on the date of the allocation decision. However, the shares will be freely transferable in the event of the death of the beneficiary, as well as in the event of disability of the beneficiary corresponding to the classification in the second or third category provided for in Article L.341‑4 of the French Social Security Code ( Code de la Sécurité sociale ); 7) authorises the Executive Management to set, where applicable, the conditions and criteria for the allocation of shares, such as, without the following list being exhaustive, the conditions of length of service, the conditions relating to the continuation of the employment contract or corporate office during the vesting period, and any other financial or individual or collective performance condition; 8) authorises the Executive Management to register the free shares allocated in a registered account in the name of their holder, stating, where applicable, the unavailability of the shares; 9) authorises the Executive Management to make, if necessary, during the vesting period of the allocated shares, all adjustments in order to take into account the impact of transactions on the Company’s share capital and, in particular, to determine the conditions under which the number of ordinary shares awarded will be adjusted; 10) confirms that, pursuant to Article L.233‑32 of the French Commercial Code ( Code de commerce ), this delegation may be implemented during a public offering on the shares of the Company;

11) more generally, gives the broadest of powers to the Executive Management, with the option of subdelegation under the legal conditions, for the purpose of entering into all agreements, preparing all documents, carrying out all formalities and declarations to all bodies and, more generally, doing whatever is necessary: the period during which the Executive Management may make use of this authorisation, on one or more occasions, is set at 38 months from the date of this meeting, s in the event of allocation to one or more Executive Chairmen: s resolves that the Executive Management must ensure that the Company meets one or more of the conditions provided for in Article L.22‑10‑60 of the French Commercial Code ( Code de commerce ), and must take all measures to this effect, ӳ resolves that the Supervisory Board must ensure that the allocated shares may not be sold prior to the termination of the duties of the Executive Chairman/Chairmen, or shall set a quantity of these shares that the Executive Chairman/Chairmen must retain in registered form until the end of their duties, ӳ resolves that, in accordance with the Afep‑Medef Corporate Governance Code, to which the Company has adhered: ӳ the free shares awarded will be subject to demanding performance conditions to be met over several years, defined at the time of their allocation, - the maximum percentage of free shares that may be allocated to the Executive Chairmen under this resolution will be 0.05%, this sub‑limit being deducted from the 2% ceiling common to this resolution and to the eighteenth resolution approved by the Combined General Meeting of 20April 2022 (“Authorisation to be granted to the Executive Management to grant stock options”), - the beneficiary Executive Chairmen must make a formal commitment not to use any risk hedging operations relating to their performance‑based shares, and until the end of the share retention period. - each year, the Executive Management will inform the General Meeting of the allocations made under this resolution under the legal conditions, and in particular Article L.225‑197‑4 of the French Commercial Code ( Code de commerce ). s This delegation cancels, for the remaining term and up to the unused portion, and replaces the delegation granted by the Combined General Meeting of 20April 2022 in its nineteenth resolution (allocation of existing free shares).

2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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