Hermès // CSR Extract 2023

CORPORATE GOVERNANCE FUNCTIONING OF THE SUPERVISORY BOARD

3.5.3.5 SITE VISITS Since 2011, the Board has devoted one of its meetings to a site visit to improve its knowledge of one of the Group’s subsidiaries or to gain a concrete understanding of an area of the Group’s activity. These site visits are an opportunity for Board members to meet and discuss with the Group’s Senior Executives and employees. In 2023, the Board visited the Textile division production site in Pierre‑Bénite, where it was able to benefit from: a presentation of the activity and results of the Textile division (see chapter 1 “Presentation of the Group and its results”, § 1.6.7.4); s a presentation of the Passerelles project; s a visit to the new Ateliers A.S. printing workshops and the office building housing the support services and development department teams. s

SITE VISITS IN PREVIOUS YEARS 2011 2012 2013

Leather goods and silk printing site at Pierre‑Bénite s Cristallerie Saint‑Louis s Puiforcat workshops and archives then Cité des Métiers Hermès in Pantin s Tannerie Gordon Choisy in Montereau s Podiums (Buyer days) s Maroquinerie Iséroise in Les Abrets s SIEGL in Le Grand‑Lemps (wide‑web cashmere printing site) s Hermès Parfums in Vaudreuil s Maroquinerie de Normandie site s John Lobb in Northampton s John Lobb (bespoke workshops) in Mogador s Finishing workshops from Irigny to Pierre‑Bénite s Ateliers de Tissages de Bussières et de Challes in Bussières s Logistics in Bobigny s Hermès Horizons in Pantin s Conservatoire des Créations Hermès in Pantin s Compagnie des Arts de la Table et de l’Émail in Nontron s Hermès Of Paris (American subsidiary) in New York s Passerelles site in Pierre‑Bénite s

2014

2015

2016

2017 2018

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2019 2020

2021 2022 2023

3.5.4 MAIN DUTIES OF THE SUPERVISORY BOARD AND WORK CARRIED OUT IN 2023

The purpose and nature of the main duties and work carried out by the Supervisory Board in 2023 were as follows:

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Purpose

Main duties and work carried out in 2023

be updated on the Group’s activities by the Executive Management at each meeting; s be given a presentation by the Executive Management on the annual and half‑year consolidated financial statements and parent company financial statements and related draft financial press releases; s be informed about the Company’s financial position, cash position and commitments; s be informed of the Statutory Auditors’ conclusions relating to the annual and half‑year consolidated financial statements; s review the budget for each financial year; s review documents on forecasting and planning; s review the situation of certain affiliates; s formally note proposals for Group acquisitions, disposals and equity investments; s formally note investment proposals; s examine and/or approve the reports and work of the Audit and Risk Committee described in § 3.6.3.4; s regularly review, via the Audit and Risk Committee, the opportunities and risks, such as financial, legal, operational, social and environmental risks, as well as the measures taken accordingly; s be informed of changes in the composition of the Executive Committee [n/a in 2023] ; ● be informed of changes made by the Executive Management to the list of banks, the list of bank signatories and the prudential rules; ● prepare the Supervisory Board’s corporate governance report; s prepare the Supervisory Board’s report to the General Meeting; s approve the explanatory statements and the resolutions put to the General Meeting and acquaint itself with the reports drawn up by the Executive Management. s decide how new independent members would be recruited and how the target profile would be defined [n/a in 2023] ; ● approve the proposals of reappointment or replacement of members of the Supervisory Board to be considered at the General Meeting; s decide on the renewal of the duties of the Chairman and Vice‑Chairmen after the General Meeting; ● decide on the renewal of the composition of the Audit and Risk Committee and the CAG‑CSR Committee. s attend a presentation on the stock market performance of Hermès International shares. s be informed of the Executive Management’s decision to pay an interim dividend; s decide the proposed allocation of net income to be submitted to the General Meeting; s

Group activity and finance

General Meeting of 20 April 2023

Appointments

(1) List not exhaustive . s Annual topics ● Occasional or multi‑year topics.

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

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