Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

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CORPORATE SOCIAL RESPONSIBILITY AND NON ટ FINANCIAL PERFORMANCE PEOPLE: TEAMS

GENERAL INFORMATION ABOUT EMPLOYEES

2.2.1

Hermès strives to balance all working age groups within its workforce. In 2022, 18% of employees were under the age of 30 (see appendix to this section). Hermès’ policy is to ensure job security, with nearly 92% of employees on permanent contracts. Fixed‑term employment contracts are used only for replacements (maternity leave, for example) or for temporary increases in activity, depending on the schedule. Involuntary departures also remain limited, with the total number of dismissals compared to the Group’s workforce representing 1.53% worldwide. This figure is stable compared to the 2021 financial year. The overall turnover rate, including voluntary and involuntary departures, is 5.99%.

At the end of December 2022, Hermès had 19,686 talents, including 12,360 in France . The Group thus increased its headcount by 2,091 people compared to 2021. The production sector saw the most growth in its workforce with 983 new positions, followed by the retail sector, with 723 new positions. Over the past five years, the workforce increased by 6,203 people, representing nearly one‑third of the total permanent workforce in the Group today. (1)

Voluntary

Involuntary

Group

Turnover rate 2022 Turnover rate 2021

4.46% 4.44%

1.53% 1.38%

5.99% 5.82%

BREAKDOWN OF EMPLOYEES BY SECTOR

The last 10 years have not required the Hermès Group to undertake any restructuring efforts for economic reasons that had any consequences with regard to jobs. During development operations (site construction), any transfers were on a voluntary basis. Given its business model and production mainly located in France, 63% of the Group’s total workforce is located there. The production workforce represents 8,561 people located in France (69% of employees in France), and 9,469 people worldwide, i.e. 48% of the Group’s workforce.

BREAKDOWN OF EMPLOYEES BY GEOGRAPHICAL AREA

EMPLOYEE FULFILMENT AND WELL‑BEING

2.2.2

The sustainability of the House rests on the women and men who contribute in a harmonious and positive manner to its functioning and development. For this reason, the Group is very demanding in terms of working conditions so that everyone can express their potential in a safe and untroubled manner, in a pleasant environment, whether on production sites, in stores or offices. This also means supporting the transformation of working practices, whether digital or organisational, and seeking a permanent balance between the changing world and continuing to live well alongside one another.

Including the workforce of the Maroquineries Thierry, acquired in November 2022 (127 people). Information relating to this recent acquisition is not included in the social, societal and environmental information presented in this NFPS, apart from items related to the Group’s workforce. 1.

2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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