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2016 REGISTRATION DOCUMENT
HERMÈS INTERNATIONAL
142
CORPORATE GOVERNANCE
3
COMPENSATION AND BENEFITS PAID TO CORPORATE OFFICERS
TABLE 2
Gross annual compensation of Executive Chairmen
2016
2015
Limits granted
by the Articles of
Association or the
General Meeting
Amounts due
(or allocated)
by the Executive
Management
Board
1
Amounts paid
Limits granted
by the Articles of
Association or the
General Meeting
Amounts due
(or allocated)
by the Executive
Management
Board
Amounts paid
Axel Dumas
Decision of the Executive Management Board
dated 22 March 2016
Decision of the Executive Management Board
dated 23 March 2015
Statutory variable compensation
2
€3,025,636 €1,294,762 €1,294,762 €2,573,899 €1,101,450 €1,101,450
Additional compensation
2
€2,028,368 €1,260,991 €1,260,991 €1,876,454 €1,166,550 €1,166,550
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
Benefits in kind
n/a
n/a representation
n/a
n/a
Car/
representation
Émile Hermès SARL
Decision of the Executive Management Board
dated 22 March 2016
Decision of the Executive Management Board
dated 23 March 2015
Statutory variable compensation
2
€3,025,636
€756,409
€756,409 €2,573,899 €2,573,899 €2,573,899
Additional compensation
2
€2,028,368
€500,000
€500,000 €1,876,454 €1,876,454 €1,876,454
Of which fixed component
€1,876,455
€462,553
€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
n/a
n/a
n/a
n/a
n/a
n/a
Benefits in kind
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
Directors’ fees and other compensation received by members of the Supervisory Board in Hermès International
Amounts paid
in 2017
Amounts paid
in 2016
Directors’ fees received by Non-Executive Corporate Officers in the companies controlled by Hermès International
in respect of 2016 in respect of 2015
Total amount of directors’ fees and compensation allocated by the General Meeting of Hermès International
€500,000
€500,000
Total amount of directors’ fees and compensation actually assigned by Hermès International
€385,000
€391,900
Éric de Seynes
Compensation of the Chairman of the Supervisory Board
€100,000
€100,000
Directors’ fees for Hermès International
n/a
n/a
s
fixed component
-
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
€20,000
Directors’ fees for Hermès International
€22,000
€22,000
s
fixed component
€8,000
€8,000
s
variable component based on attendance
€14,000
€14,000