Hermès // CSR Extract 2023

CORPORATE GOVERNANCE COMPENSATION AND BENEFITS OF CORPORATE OFFICERS

3.8 COMPENSATION AND BENEFITS OF CORPORATE OFFICERS

3.8.1.2.4 Specific elements comprising the compensation policy for the Executive Chairmen (Article R. 22‑10‑40, II of the French Commercial Code ( Code de commerce ))

Performance criteria

Weighting

Performance

% allocation

40%

Lower limit

50% of target (annual budget)

50%

Sales growth

Target

80% of target (annual budget)

100%

40%

Lower limit

50% of target (annual budget)

50%

Recurring operating income

Target

80% of target (annual budget)

100%

20%

Lower limit

50% of target

50%

CSR criterion Objectives related to decoupling between activity growth at constant scope and exchange rates and the evolution of industrial energy consumption

3

Target

80% of target

100%

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

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