Hermès // CSR Extract 2023
INFORMATION ON THE COMPANY AND ITS SHARE CAPITAL INFORMATIONS ON SHARE CAPITAL AND SHAREHOLDERS AFR
7.2.2 7.2.2.1
INFORMATION ON SHAREHOLDERS NUMBER OF SHAREHOLDERS
7.2.2.3.2 Information on significant movements in previous years is available in the previous universal registration documents, accessible on the website https://finance.hermes.com/en/publications. Changes occurring after the closure of the financial year To the Company’s knowledge, there has been no significant change with regards to Hermès International shareholders between 31 December 2023 and the date on which this universal registration document was filed with the AMF. Measures taken to prevent abusive control Refer to chapter 3 “Corporate governance”, § 3.4.7.5. Measures taken to ensure a balance of powers Refer to chapter 3 “Corporate governance”, § 3.4.7.5. TREASURY SHARES As at 31 December 2023, Hermès International held 839,115 treasury shares, representing 0.8% of its share capital, acquired as part of the share buyback programme presented in § 7.2.2.10. In practice, treasury shares are mainly allocated to cover free share plans for employees (see chapter 3, “Corporate governance”, § 3.8.3.2). BREAKDOWN OF SHARE CAPITAL AND VOTING RIGHTS AS AT 31 DECEMBER 2023 As at 31 December 2023 and to the Company’s knowledge, the distribution of the share capital and voting rights of the Company was as follows: 7.2.2.3.3 7.2.2.3.4 7.2.2.4 7.2.2.5
7.2.2.2 During the review as at 29 December 2023, there were approximately 185,000 shareholders, compared to approximately 156,000 as at 30 December 2022 and some 122,000 as at 31 December 2021. PERCENTAGE OF INDIVIDUAL SHAREHOLDERS The percentage of individual shareholders was 7.7% in December 2023, stable compared with 2022 (7.8%). This percentage includes shares held by individual shareholders in registered form as at 29 December 2023 and bearer shares identified by identification on request as at 29 December 2023, excluding holdings by family groups. PRINCIPAL SHAREHOLDERS AS AT 31 DECEMBER 2023 – CONTROL OF THE COMPANY Hermès International is controlled through the intermediary of Émile Hermès SAS, its Active Partner, by the Hermès family group, which also holds, notably via the intermediary of the company H51, a majority shareholding (in share capital and voting rights) within the Company as a Limited Partner. This control is exclusive control within the meaning of Article L. 233‑16 of the French Commercial Code ( Code de commerce ). The companies H51 and H2 are held exclusively by members of the Hermès family group. To the Company’s knowledge, there are no shareholders directly or indirectly holding, alone or together, more than 5% of the share capital or voting rights, other than those shown in the tables in § 7.2.2.5. The ownership interests of Corporate Officers and Senior Executives are listed in chapter 3 “Corporate governance”, § 3.10.1. To the Company’s knowledge, material changes in the ownership of the share capital over the past three years are described in § 7.2.2.6. Given the time that has elapsed since it was established, the description of the procedures for setting up H51 is no longer in the universal registration document. The definition and description of the organisation of the Hermès family group are presented in chapter 9 “Additional information”, § 9.6; and in chapter 3 “Corporate governance”, § 3.2.1. 7.2.2.3 The Company uses the so‑called “identification on request” system resulting from Directive (EU) 2017/828 of 17 May 2017 (known as “SRD II”) to identify its shareholders.
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7.2.2.3.1
Significant movements occurring during the last three years in the distribution of its share capital and voting rights, and the reasons for these movements
These figures result, for registered shares, from the register kept by the Uptevia Securities service, and for bearer shares, from the declarations, where applicable, of interested parties, as well as shareholding analyses carried out in accordance with the procedure implemented (§ 7.2.2.1).
There has been no significant change in the distribution of the company’s share capital or voting rights over the last three years.
2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL EXTRACT FROM 2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL
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