Hermès // CSR Extract 2023

CORPORATE SOCIAL RESPONSIBILITY AND NON ‑ FINANCIAL PERFORMANCE PEOPLE: TEAMS

2.2 PEOPLE: TEAMS

Since 1837, Hermès has remained faithful to its craftsmanship model and its humanist values. A responsible family company, Hermès offers the women and men who are part of it, a collective and human project, with the opportunity to work in an authentic, stimulating and caring environment and to find a real meaning in its professional commitment. This is reflected in the attention paid to each of its employees, as a person and as a member of the House’s collective. Hermès’ sustainable development is thus based on the recruitment, development and well‑being of its teams and on a human capital rich in its diversity.

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Introduction Hermès places People at the heart of its corporate project. This is reflected first and foremost by the desire to recruit talents from various backgrounds and ensure their integration; then by the commitment to preserving the health and protection of all employees in the face of life’s ups and downs, thanks to a core social protection. Lastly, Hermès pays particular attention to the professional development and achievement of each individual in their work. The Hermès “Hearts & Crafts” social model is based on four strategic pillars providing a common reference framework for the Group’s initiatives in terms of supporting women and men: a managerial philosophy anchored in humanist principles, embodied by managers cultivating a wide range of freedom in an inclusive and diverse working environment; s special attention to the well‑being and protection of employees, their physical and psychological health and the balance between their professional and private lives, particularly during periods of vulnerability; s

the recognition given to employees, through compensation and value redistribution schemes, which testifies to the value Hermès places on the commitment and work of each of its employees, regardless of their métier and geographical location. This recognition is also expressed by the development of employability and lifelong learning, thanks to particular attention paid to human development, through a wide range of training courses and support schemes and the transmission of the savoir‑faire of excellence (§ 2.3); s the ability for each person to find meaning in their work, by being part of communities on a human scale, by forming a true social collective, by constantly striving to achieve high quality in everything. The freedom of action, intrinsically linked to the craftsmanship model, also allows each employee to shape their work in their own way and to find meaning and pride in it, while allowing everyone to be involved and responsible (§ 2.3). s

In 2023, the Group made progress on important societal issues, with the aim of making a long‑term difference through steady improvements with a significant impact. Among these, the selected elements below are particularly illustrative of the year for this section:

formalisation of the Hermès “Hearts & Crafts” social model with a participatory approach; s renewal of a strong commitment through the publication of a Group health and safety policy; s

exceptional bonus of €4,000 in respect of 2023 for eligible employees across the entire Group (paid for the second consecutive year); s in France, increase in the employment rate of people with disabilities to reach 6.8% (2022 value) despite 12% growth of the workforce. s

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

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