HERMÈS - 2018 Registration document

Corporate Governance

Supervisory Board’s report on corporate governance

Operations Committee Role

Composition at 31/12/2018

The Operations Committee, which reports to the Executive Management, is made up of the Executive Committee and the Senior Executives of the main métiers and geographical areas of the Group. It comprises 22 members (25 members from 1 April 2019). Its duties are: s s to involve Senior Executives in the Group’s major issues and strategic orientations; s s to promote communication, sharing and reaso- nable exchanges amongst its members in their area of responsibility, s s to enable the Executive Committee to take cer- tain decisions. The Operations Committee meets for a full day three times a year.

Executive Chairman and Chairman of the Committee

s s Mr Axel Dumas

Members of the Executive Committee (see page 140) Senior Executives of the métiers

Perfumes Watches

s s Ms Agnès de Villers s s Mr Laurent Dordet

Leather Goods & Saddlery Women’s Ready-to-Wear Silk and Textiles Men’s Ready-To-Wear Home Jewellery

s s Ms Catherine Fulconis s s Mr Wilfried Guerrand s s Ms Antoinette Louis s s Ms Véronique Nichanian s s Ms Anne-Sarah Panhard s s Ms Laurence Reulet Senior Executives of the Geographical areas s s Mr Masao Ariga s s Mr Robert Chavez s s Ms Hélène Dubrule s s Mr Eric Festy s s Mr Luc Hennard s s Ms Juliette Streichenberger s s Ms Ségolène Verdillon

3

Japan United States and Latin America France South Asia China Europe Travel Retail

Percentage of women 1 : Percentage of foreigners 1 :

47.61% 9.52%

(1) Excluding Executive Chairman.

Changes to the Operations Committee after 31 December 2018 On 1 April 2019, three new members – Managers of the métiers – were appointed to the Operations Committee: s s Ms Hinde Pagani: Deputy Managing Director – Digital Sales and Service; s s Ms Ambre Pulcini: Executive Vice-President - Women's Ready-to-Wear and Shoes Métier ; s s Ms Elodie Potdevin: Executive Vice-President - Fashion Accessories Métier and IoT (“Internet of Things”). Policy of non-discrimination and diversity, in particular concerning the balanced representation of men and women on the governing bodies and results in terms of gender balance in the 10% of key management positions Whether appointments to governing bodies, recruitment or the appoint- ment of any employee, the Hermès Group is particularly committed to compliance with the principle of non-discrimination. Whenever possible, all employees are reminded of the importance of this principle. The "Hermès - a Responsible Employer" policy insists on compliance with two essential principles: the principle of non-discrimination and the prin- ciple of gender equality.

TheGroup has instituted an "Alterego" training programmewhich focuses on integration and diversity management. The Alterego programme is attended by all Management Committees and the Group's local mana- gers. It goes at great length into identifying and combatting all forms of discrimination (direct, indirect or even accidental) and puts the empha- sis on theGroup's zero tolerance policy as regards such types of practice. The Group has also made commitments to professional integration and retaining people with a disability in employment (see pages 80 and 81 and pages 111, 112 and 113). In accordancewith the provisions of Article L. 225-37-4, 6° of the French Commercial Code, as amended by the law “for the freedom to choose one's professional future”, adopted on 1 August 2018, we describe how the Company seeks balanced representation of men and women on the committee established, where relevant, by Executive Management in order to regularly assist it in exercising its general duties and the results in terms of gender balance in the 10% of key management positions. Two committeeswere set upby ExecutiveManagement several years ago to regularly assist it in exercising its general duties: s s The Executive Committee (role and composition page 140) s s The Operations Committee (role and composition above)

2018 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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