Hermès // CSR Extract 2023

RISK FACTORS AND MANAGEMENT RISK FACTORS

RISK RANKING BY CATEGORY (FROM MOST TO LEAST SIGNIFICANT)

4.1.1.1 Information systems and cyberattacks 4.1.1.2 Image and reputation 4.1.1.3 Commercial appeal 4.1.1.4 Major external crisis 4.1.1.5 Management of talent and savoir‑faire

● 4.1.1 Risks related to strategy and operations

4.1.2.1 Supply management 4.1.2.2 Security 4.1.2.3 Health and safety 4.1.2.4 Business disruption

● 4.1.2 Industrial risks

● 4.1.3 Legal and regulatory risks

4.1.3.1 Compliance with applicable laws and regulations in all areas 4.1.3.2 Intellectual property and the fight against counterfeiting 4.1.4.1 Changes in major global climate and biodiversity issues 4.1.4.2 Respect for human rights, fundamental freedoms and ethics 4.1.4.3 Availability and proper use of natural resources 4.1.5.1 Exchange rates 4.1.5.2 Bank counterparties 4.1.5.3 Changes in, complexity and interpretation of tax regulations 4.1.5.4 Fraud

● 4.1.4 Risks related to social, societal and environmental responsibility

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● 4.1.5 Financial risks

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

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