Hermès - Registration Document 2016

8

COMBINED GENERAL MEETING OF 6 JUNE 2017

STATUTORY AUDITORS’ REPORTS

STATUTORY AUDITORS’ REPORT ON THE REPORT PREPARED BY THE CHAIRMAN OF THE SUPERVISORY BOARD

8.4.4

The report appears on page 137.

REPORT FROM ONE OF THE STATUTORY AUDITORS, DESIGNATED AS THE INDEPENDENT THIRD PARTY ORGANISATION, ON THE CONSOLIDATED SOCIAL, ENVIRONMENTAL AND SOCIETAL INFORMATION CONTAINED IN THE MANAGEMENT REPORT

8.4.5

The report appears on page 85.

STATUTORY AUDITORS’ REPORT ON THE CAPITAL DECREASE BY CANCELLATION OF TREASURY SHARES (SEVENTEENTH RESOLUTION)

8.4.6

This is a free translation into English of the Statutory auditors’ report issued in the French language and is provided solely for the convenience of English-speaking readers. This report should be read in conjunction with, and construed in accordance with, French law and professional auditing standards applicable in France.

Combined General Meeting of 6 June 2017 To the shareholders,

In our capacity as Statutory Auditors of your Company, and in accordance with the requirements of Article L. 225-209 of the French Commercial Code ( Code de commerce ) concerning share capital decreases by cancellation of repurchased shares, we hereby report to you on our assessment of the reasons for and the terms and conditions of the proposed share capital decrease. The Company’s Executive Management proposes that you confer upon it, for a period of 24 months as of the date of this General Meeting, all neces- sary powers to cancel, on one or more occasions and up to a maximum of 10% of the Company’s share capital per period of 24 months, some or all of the shares held or purchased under the authorisation for your Company to buy back its own shares as provided pursuant to the terms of the aforementioned article. WeperformedtheproceduresthatwedeemednecessaryinaccordancewithprofessionalpracticeaspertheFrenchnationalauditingbody,Compagnie nationale des commissaires aux comptes, relating to such engagements. These procedures involve examining the fairness of the reasons for and the terms and conditions of the proposed share capital decrease, which is not considered to infringe upon the principle of equal treatment of shareholders. We have no comments on the reasons for or the terms shareholdersand conditions of the proposed share capital decrease.

Neuilly-sur-Seine and Paris, 11 April 2017 The Statutory Auditors

PricewaterhouseCoopers Audit

Didier Kling & Associés

Christine Bouvry

Christophe Bonte

Didier Kling

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2016 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL