Hermès // CSR Extract 2023

3

CORPORATE GOVERNANCE SPECIALISED COMMITTEES

1

Purpose of duties

Main duties of the Committee and work carried out in 2023

issue a recommendation to the Supervisory Board on the Statutory Auditors proposed for appointment or renewal by the General Meeting; s monitor the performance by the Statutory Auditors of their assignment (audit approach, audit conclusions, presentation of the Board’s fees); s ensure that the Statutory Auditors comply with the independence conditions; s hold in closed session with the Statutory Auditors; s approve, on a case‑by‑case basis, the provision by the Statutory Auditors of services other than the certification of the financial statements; s report on the results of the engagement regarding the certification of the financial statements, on the way the engagement contributed to the integrity of the financial reporting and the role it has played in this process. s be informed of the security system by analysing the incidents of the past financial year and the actions implemented; s be informed of the results of risk management, audit and internal control activities; s be informed of the audit plan; s regularly review exposure to risks such as financial, legal, operational, social and s environmental risks and the actions taken as a result; s be informed, in a joint meeting with the CAG‑CSR Committee, of exposure to CSR risks (see § 3.5.6.2); s be informed of personal data risks and the corresponding action plans; s be informed of risks related to the duty of care; s be informed of operational risk mapping: in 2023, Hermès Femme; s

Audit of accounting and financial information and the work of the Statutory Auditors

Control of risk exposure and prevention of corruption

● be informed every three years of the Group risk mapping; ● be informed of Group risk factors and the corresponding action plans;

be informed annually of IT risks, in particular cyber risks, and the corresponding action plans; s proofread chapter 4 “Risk factors and management” of the universal registration document; s ensure the establishment of a system for preventing and detecting corruption and influence‑peddling; s be informed of the update of the plan to prevent and fight against corruption; s

● be informed of the vigilance plan; ● be informed of the establishment of a new banking relationship; ● be informed of the means implemented by the Group to fight against counterfeiting.

(1) List not exhaustive.

Annual topics ● Occasional or multi‑year topics. s

As part of its duties, the Audit and Risk Committee heard in particular from the Executive Vice‑President Finance, with regard to both accounting data and treasury data, the Director of Consolidation, Taxation and Management Control, the Director of Audit and Risk Management, the Director of Group Safety, the Director of Group IT (and members of her team), the Director of Information Systems

Security, the Director of Financial and Non‑Financial Communication and Investor Relations, the Director of Financial Operations, the Chief Financial Officer of the Hermès Femme division, the Director of Legal Compliance, the Data Protection Officer, the Group General Counsel, the Director of Sustainable Development and the Statutory Auditors.

2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL 346 EXTRACT FROM 2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL 48