Hermès // CSR Extract 2023

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CORPORATE SOCIAL RESPONSIBILITY AND NON ‑ FINANCIAL PERFORMANCE PEOPLE: SAVOIR‑FAIRE

In this context, each division has set up a sponsorship monitoring system, including a Sponsorship Committee in charge of selecting and approving the entity’s sponsorship activities. This committee is made up of the Management Committee of the division, métier or subsidiary. All decisions taken by this committee are recorded in a formal report kept for a period of five years. Within the framework of a dedicated budget allocated annually by the subsidiary, each division defines its priorities according to its activity and location, as well as the eligibility criteria (reputation, soundness of the project, history of the beneficiary, strategy of the entity, prevention of potential conflicts of interest, etc.) and control of sponsorship projects supported. Most of the actions are subject to a confidentiality clause that prohibits their disclosure in this document. In 2023, in order to increase the internal visibility of sponsorship actions and strengthen their effectiveness, skills‑based sponsorship joined the H3 (Heart, Head, Hand) programme of the Fondation d’entreprise Hermès. H3 is now home to, on the one hand, financial sponsorship – enabling employees to provide financial support to projects that are close to their heart – and, on the other hand, skills‑based sponsorship, co‑managed by the Fondation and the Group Director of Human Resources.

A network of more than 80 skills sponsorship ambassadors facilitates the rollout of this approach as closely as possible to the teams in France. Thanks to this volunteer programme, which has been formalised in a Group methodology since 2017, employees in France can benefit from a maximum of five paid working days to get involved with charitable associations. In Switzerland and Spain, each employee is allocated one paid day per year to carry out charitable actions. Organisation Since 2020, under the leadership of the Hermès Foundation and the Hermès International cultural action and solidarity department, all sponsorship policies have been structured and formalised, including most recently skills‑based sponsorship. Each sponsorship operation is subject to a transparent selection process, which includes the necessary prior checks to ensure that the operation complies with local laws and regulations. An assignment sheet is drafted for each skills‑based sponsorship intervention. Supported associations studied: governance, ethics and human rights, transparency, etc.

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

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