Hermès - Registration Document 2016

INFORMATION ON THE COMPANY AND ITS SHARE CAPITAL

INFORMATION ON SHARE CAPITAL AND SHAREHOLDERS

From 01/01/2016 to 31/05/2016

From 01/06/2016 to 31/12/2016

Total

Excluding the liquidity contract Number of shares booked in the name of the Company as at 31 December 2015

1,167,353

1,167,353 319,621

Number of shares purchased

18,692

300,929

Employee shareholding

Reason for acquisitions Average price of purchases Number of shares sold

External growth

€323.14 416,380 €223.08

€344.18

€342.94 416,480 €223.09

100

Average price of sales

€240.84

Amount of net expenses excluding taxes Number of shares cancelled Average price of cancelled shares Number of shares booked in the name of the Company as at 31 December 2016

769,665

300,829

1,070,494

Appropriation

Employee shareholding

691,292 78,373

300,829

992,121 78,373

s

External growth

s

Net value evaluated during the purchase Net value evaluated during closure

€180,642,866 €103,548,175 €284,191,041 €300,169,350 €117,323,310 €417,492,660

Par value

€392,529

€153,423

€545,952

Fraction of the share capital that they represent

0.73%

0.28%

1.01%

In the context of the liquidity contract Number of shares booked in the name of the Company as at 31 December 2015

13,418

13,418

Resources implemented (liquidity account)

€5,000,000

€5,000,000

€5,000,000

Number of shares purchased Average price of purchases

121,102 €311.51 120,186 €312.13 14,334

162,970 €368.07 168,138 €367.06

284,072 €343.96 288,324 €344.16

Number of shares sold Average price of sales

Number of shares booked in the name of the Company as at 31 December 2016

-5,168

9,166

Net value evaluated during the purchase Net value evaluated during closure

€4,572,564 -€1,010,288 €5,590,260 €-2,015,520

€3,562,276 €3,574,740

Par value

€7,310 0.01%

€-2,636

€4,675 0.01%

Fraction of the share capital that they represent

0.00%

Description of the new share buyback programme submitted for the approval of the Combined General Meeting of 6 June 2017 Pursuant to Articles 241-2 and 241-3 of the General Regulation of the AMF, the Company hereinafter presents the share buyback programme to be submitted for the approval of the Ordinary and Extraordinary General Meeting of 6 June 2017. This programme will supersede that authorised by the Combined General Meeting of 31 May 2016. Number of shares and percentage of share capital held by Hermès International Between 1 January and 28 February 2017, the Company purchased 36,086 shares and sold 36,029 shares within the framework of the liquidity contract. As of 28 February 2017, the share capital of the Company consisted of 105,569,412 shares, of which 1,090,187 treasury shares (number of shares as of the date of the operation) held by Hermès International, representing 1.03% of the share capital.

Objectives of the new share buyback programme The shares may be repurchased to be allocated to the objectives per- mitted by regulation (EU) no. 596/2014 of 16 April 2014 on market abuse (MAR): s objectives provided for in Article 5 of MAR: reduction of capital, cove- rage of debt securities exchangeable for shares and coverage of employee shareholding plans; s objectives provided for in Article 13 of MAR and under the market practice accepted by the AMF: the implementation of a liquidity contract by an investment service provider acting independently; s other objectives: acquisitions, coverage of capital securities exchan- geable for shares and more generally to complete any transactions in accordance with the regulations in force.

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2016 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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