Hermès // CSR Extract 2023

CORPORATE GOVERNANCE COMPENSATION AND BENEFITS OF CORPORATE OFFICERS

CSR criteria indicators Quantifiable environmental criterion: Decoupling between activity growth at constant scope and exchange rates and the evolution of industrial energy consumption Link with strategy and NFPS indicators: See chapter 2 "Corporate social responsibility and non‑financial performance" § 2.1.5, § 2.5 and § 2.5.3 Review of the indicator by the independent third party: See chapter 2 "Corporate social responsibility and non‑financial performance" § 2.10

Importance

Level of achievement and justification

1/3 100% Constant improvements to equipment, buildings and energy‑consuming industrial processes, particularly as part of “decarbonisation” and "sobriety" plans, continued to bear fruit with a further reduction in energy consumption, and in particular that of fossil fuels, while consolidated revenue increased significantly over the reference period.

During the reference period – from 1 November 2022 to 31 October 2023:

Overall energy consumption fell for the second consecutive year. The “defossilisation” plan, launched three years ago, and the “sobriety” plan continue to show very positive results. More specifically: the Group’s consolidated revenue at constant exchange rates grew by +20.6%; s total industrial energy consumption (including any scope effects) amounted to 149,979 MWh, a decrease of -5% (compared with 160,256 MWh previously). s gas consumption fell sharply, while electricity consumption rose by only 4% in a context of growth in the number of industrial sites and activities; s in the HCP division, significant gas savings were made in the tanneries, in particular by optimising the operation of the boilers (-3,315 MWh); s Compagnie des Cristalleries de Saint‑Louis’s gas consumption decreased by one‑third compared to the previous furnace in the first year of full operation of the new gas melting furnace burning oxy‑fuel (mixture of oxygen and gas); s in the HMS division, work on insulation and phasing out the use of fossil fuels in the heating systems in the production units, coupled with the application of the energy sobriety plan, made it possible to offset the additional consumption of the new leather goods workshops and to generate energy savings; s in the HTH division, the decrease in energy consumption is the result of the métier's plan to reduce its carbon footprint (insulation, reducing the use of fossil fuels in the production of energy and increasing employee awareness). s

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

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