Hermès // CSR Extract 2023

CORPORATE SOCIAL RESPONSIBILITY AND NON ‑ FINANCIAL PERFORMANCE COMMUNITIES: STAKEHOLDERS AND TRANSPARENCY

2.7.4.2 APPLICATION TO THE HERMÈS GROUP The detailed financial information was analysed and checked jointly by the sustainable development department, the finance department, the real estate development department, the industrial, technical and innovation department and the métier teams. The methodological elements on which the Group conducted its analysis – assumptions, estimates and limitations – are described in § 2.7.4.3. Turnover eligibility and alignment ratios The Hermès métiers do not present any significant turnover currently on the list of eligible activities published by the European Commission. Nevertheless, the Group is continuing the efforts undertaken for several years to limit its carbon footprint, promote the circular economy and preserve biodiversity, as described in § 2.5 and § 2.4.

The corresponding regulatory table is available in § 2.7.4.4. OpEx eligibility and alignment ratios In accordance with the regulation, as the ratio of operating expenses, as defined by the Taxonomy, to the Group’s total operating expenses is less than 5%, the Group has used the exemption provided for allowing it not to publish the taxonomy eligibility and alignment ratios for its OpEx. The corresponding table is available in § 2.7.4.4. Taxonomy CapEx eligibility and alignment ratios The CapEx eligibility and alignment ratios, as defined by the Taxonomy, are detailed below: The corresponding regulatory table is available in § 2.7.4.4.

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Eligible CapEx

Aligned CapEx

as a % of total CapEx

as a % of total CapEx

as a % of eligible CapEx

Amount

Amount

2023

In millions of euros

63%

20%

32%

GRAND TOTAL TAXONOMY CAPEX

1,327

832

267

Taxonomy real estate CapEx:

832

832

267

63%

20%

32%

1

Renovation of existing buildings

228

228

17%

76

6%

33%

Acquisition and construction of buildings 1

136

136

10%

82

6%

60%

2

IFRS 16 right‑of‑use assets

468

468

35%

109

8%

23%

1 - 3

Other Taxonomy CapEx

494

-

-

-

-

-

(1) I.e. total operating investments of €859 million over the financial year, see Notes 7.2.1 and 7.2.2 to the consolidated financial statements. (2) Corresponds to the implementation of new contracts and revisions of rights‑of‑use for the financial year, see Note 7.3.1 to the consolidated financial statements. (3) Concern CapEx not eligible under the Taxonomy. These are mainly IT investments and land acquisitions.

Eligible CapEx

Aligned CapEx

as a % of total CapEx

as a % of total CapEx

as a % of eligible CapEx

2022

Amount

Amount

In millions of euros

GRAND TOTAL Taxonomy CapEx

848

582

72

69%

8%

12%

a. Grand total Taxonomy CapEx In accordance with regulations, the Group analysed its acquisitions of property, plant and equipment and intangible assets (IAS 16 and IAS 38), right‑of‑use assets (IFRS 16) and business combinations (IFRS 3) constituting the CapEx Taxonomy denominator. This

amounted to €1,327 million for 2023, compared with €848 million in 2022. It includes: acquisitions of property, plant and equipment and intangible assets (operating investments) for €859 million; s the increase in right‑of‑use assets (IFRS 16) for €468 million. s

2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL EXTRACT FROM 2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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