Hermès // CSR Extract 2023

CORPORATE SOCIAL RESPONSIBILITY AND NON ‑ FINANCIAL PERFORMANCE PEOPLE: TEAMS

In the various French companies, social dialogue also involves fruitful and active collective bargaining. Collective agreements have been concluded in all companies that have union representatives or with the Social and Economic Committees authorised to negotiate certain agreements. In France in 2023, agreements and amendments were signed, testifying to the vitality of these discussions; they break down as follows:

2.2.7.2 Hermès’ ethics charter and practices confirm its commitment to the conventions of the International Labour Organization (ILO). In all the countries concerned, the policy is to ensure that the principles of freedom of association and collective bargaining are implemented, in compliance with local regulations. INTERNATIONAL SOCIAL DIALOGUE Internationally , social dialogue takes various forms, depending on local customs and regulations. It can take place through regular meetings and discussions with employee representatives (Taiwan, Korea, Türkiye, Japan, Germany, Italy) or directly with employees in order to gather their expectations, solicit their opinion and participate in decisions, or through direct investment in projects on various themes (CSR, working hours, working conditions, transport, etc.). In general, the quality of social dialogue requires the implementation of systems to gather employee expectations and respond to them through specific action plans.

2022

2023

2

Agreements signed in France

88

97

Compensation

57

58

Social dialogue

14

18

QVT/CSR

8

12

Working conditions

9

9

In addition to these information‑consultation periods with the SECs, regular meetings take place between human resources, managers and employees in order to discuss the expectations and working conditions of employees on a daily basis. These discussions may lead to the establishment of joint working groups.

Some examples of international social dialogue mechanisms Bodies

Collective measures implemented through negotiations in 2023

Other dialogue mechanisms

Hermès Spain | negotiation of a Gender Equality Plan Hermès United Kingdom | negotiations started on social dialogue Türkiye | salary increase, improvement of contribution to transport and food costs

Hermès Taiwan | quarterly council meeting bringing together employee representatives and managers to discuss the operation of the entity or working conditions (salary increase, social benefits, etc.). Before each council meeting, employee representatives send an anonymous questionnaire to employees, so that they can freely share their ideas.

Hermès Of Paris (United States) | Let’s Talk (tool for formulating questions, issues) and the HOP Suggestion Box, Employee Resource Group and Roundtables Hermès Spain | “Company Mood”: monthly anonymous feedback on all topics Asia‑Pacific | Town hall meetings and H Talk

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

97