Hermès // CSR Extract 2023

CORPORATE GOVERNANCE FUNCTIONING OF THE SUPERVISORY BOARD

3.5.6.2 ROLES OF THE COMMITTEES IN TERMS OF CSR

Preparatory work on topics related to CSR is carried out by the Supervisory Board’s specialised committees.

CAG‑CSR Committee

Audit and Risk Committee

The duties of the CAG‑CSR Committee in terms of CSR are as follows: assist the Supervisory Board in monitoring matters relating to CSR in order that the Hermès Group better anticipate associated opportunities, challenges and risks; s assist the Supervisory Board in monitoring the Hermès Group’s social policy and the policy of non‑discrimination and diversity; s annually assess the achievement of the three indices making up the CSR criterion of the variable compensation of the Executive Chairmen (see § 3.8.1.2.4 and § 3.8.2.1.2). s the assessment of the CSR criterion on which the variable compensation of the Executive Chairmen for 2022 was based; s the external evaluation; s the guidelines for the 2023 financial year; s the presentation of CSR risks; s the presentation of the new features of the NFPS in the universal registration document; s the presentation of the main achievements in the 2022 financial year compared to the objectives set and in particular: s environmental issues, ● climate policy, ● the compensation policy, ● biodiversity; ● the presentation of the Company’s social model and policy with regard to gender equality and equal pay; s the presentation of the “Human Resources” outlook and issues for the coming years. s The topics addressed in 2023 concerned:

Executive Management is responsible for setting up the information and governance systems that enable the preparation of non‑financial information. A scoping study was conducted in 2023 with the following objectives: define and structure non‑financial information and indicators; s measure and monitor the achievements against the Group’s objectives; s ensure the relevance and integrity of the CSR information provided to the Supervisory Board, in particular on the basis of the report of the independent third party (see chapter 2 “Corporate social responsibility and non‑financial performance”, § 2.10); s ensure consistency between non‑financial and financial information. s The conclusions of this study may be presented to the Audit and Risk Committee in 2024.

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Joint meeting of the CAG‑CSR Committee and the Audit and Risk Committee Since 2021, a joint meeting has been organised between the CAG‑CSR Committee and the Audit and Risk Committee dedicated to the presentation of CSR risk exposure. This joint meeting is held every year. This practice makes it possible to comply with the recommendations of the Afep‑Medef Code, updated in

December 2022 (Article 16). Duties in terms of sustainability

European Directive No. 2022/2464 of 14 December 2022 on the publication of information on sustainability by companies (Corporate Sustainability Reporting Directive or "CSRD") introduced the requirement to provide detailed information on sustainability issues. It was transposed into national law by Order No. 2023‑1142 of 6 December 2023 on the publication and certification of information on sustainability and the environmental, social and corporate governance obligations of commercial companies. Article L. 821‑67 of the French Commercial Code ( Code de commerce ) resulting from this transposition provides that the current prerogatives and duties of the Audit and Risk Committee relating to the duty of certifying the financial statements are extended to the duty of certifying information in terms of sustainability. However, it specifies that these prerogatives and duties may be exercised by a separate committee. monitoring the process of preparing information on sustainability and, where appropriate, making recommendations to ensure its integrity; s monitoring the process implemented to determine the disclosures to be made in accordance with sustainability reporting standards; s monitoring the effectiveness of the internal control and risk management systems, as well as, where applicable, the internal audit, with regard to the procedures relating to the preparation and processing of sustainability information; s issuing a recommendation to the Supervisory Board on the Statutory Auditors certifying the sustainability information or the independent third party proposed for appointment by the General Meeting; s monitoring the performance of sustainability information certification assignments; s ensuring compliance with the independence conditions required for stakeholders to carry out sustainability information certification assignments; s regularly reporting to the Supervisory Board on the results of sustainability information certification assignments. s These duties will mainly consist of:

They may, if necessary, be adapted to take into account the specificities of the société en commandite par actions (partnership limited by shares) and the distribution of powers between the Executive Management and the Supervisory Board.

In 2024, the Supervisory Board will reflect on the specialised committee to which these duties will be entrusted under the collective and exclusive responsibility of the Supervisory Board.

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

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