Hermès - Registration Document 2016
3
CORPORATE GOVERNANCE
COMPENSATION AND BENEFITS PAID TO CORPORATE OFFICERS
TABLE 2
2016
2015
Amounts due (or allocated) by the Executive Management Board 1
Amounts due (or allocated) by the Executive Management Board
Limits granted by the Articles of Association or the General Meeting
Limits granted by the Articles of Association or the General Meeting
Gross annual compensation of Executive Chairmen
Amounts paid
Amounts paid
Decision of the Executive Management Board dated 22 March 2016
Decision of the Executive Management Board dated 23 March 2015
Axel Dumas
Statutory variable compensation 2
€3,025,636 €1,294,762 €1,294,762 €2,573,899 €1,101,450 €1,101,450 €2,028,368 €1,260,991 €1,260,991 €1,876,454 €1,166,550 €1,166,550
Additional compensation 2 Of which fixed component
€1,876,455
€1,166,550
€1,166,550
€1,689,279
€1,050,187
€1,050,187
Of which part indexed on increase in revenue
€151,913
€94,441
€94,441
€187,175
€116,363
€116,363
Exceptional compensation
-
-
-
-
-
-
Total compensation
€5,054,004 €2,555,753 €2,555,753 €4,450,353 €2,268,000 €2,268,000
Directors’ fees
n/a
n/a
n/a
n/a
n/a
n/a
Car/ representation
Benefits in kind
n/a
n/a representation
n/a
n/a
Decision of the Executive Management Board dated 22 March 2016
Decision of the Executive Management Board dated 23 March 2015
Émile Hermès SARL
Statutory variable compensation 2
€3,025,636 €2,028,368 €1,876,455
€756,409 €500,000 €462,553
€756,409 €2,573,899 €2,573,899 €2,573,899 €500,000 €1,876,454 €1,876,454 €1,876,454
Additional compensation 2 Of which fixed component
€462,553
€1,689,279
€1,689,279
€1,689,279
Of which part indexed on increase in revenue
€151,913
€37,447
€37,447
€187,175
€187,175
€187,175
Exceptional compensation
-
-
-
-
-
-
Total compensation
€5,054,004 €1,256,409 €1,256,409 €4,450,353 €4,450,353 €4,450,353
Directors’ fees Benefits in kind
n/a n/a
n/a n/a
n/a n/a
n/a n/a
n/a n/a
n/a n/a
n/a: not applicable. (1) A detailed presentation of the principles and the amount (or the valuation) of the elements of the compensation of each Executive Chairman is shown in the description of the resolutions on pages 286 to 290. (2) These amounts take into account the limits granted individually and collectively by the Articles of Association and the General Meeting.
TABLE 3
Amounts paid in 2017
Amounts paid in 2016
Directors’ fees and other compensation received by members of the Supervisory Board in Hermès International Directors’ fees received by Non-Executive Corporate Officers in the companies controlled by Hermès International Total amount of directors’ fees and compensation allocated by the General Meeting of Hermès International Total amount of directors’ fees and compensation actually assigned by Hermès International
in respect of 2016 in respect of 2015
€500,000 €385,000
€500,000 €391,900
Éric de Seynes Compensation of the Chairman of the Supervisory Board
€100,000
€100,000
n/a
n/a
Directors’ fees for Hermès International
fixed component
- -
s
s variable component based on attendance
-
Directors’ fees for Hermès Sellier
€3,000
€3,000
Monique Cohen Compensation of the Chairman of the Audit Committee
€20,000 €22,000 €8,000 €14,000
€20,000 €22,000 €8,000 €14,000
Directors’ fees for Hermès International
fixed component
s
s variable component based on attendance
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2016 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL
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