HERMÈS - 2018 Registration document

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Corporate Governance

Supervisory Board’s report on corporate governance

The table below illustrates gender balance on the governance bodies and in the senior executives category:

Proportion of women

As at 31 December 2018

In 2019 3

Supervisory Board 1 Executive Committee 2 Operations Committee 2

50.00% 14.29% 47.61% 44.90%

45.45% 25.00% 54.16%

Senior executives

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(1) Excluding the Employee representative member of the Supervisory Board. (2) Excluding the Executive Chairman. (3) On the publication date of this Registration Document. European Women on Boards (EWoB) and Ethics & Boards have publi- shed their first European gender diversity index. This comparative clas- sification highlights the best practices of European companies in terms of gender diversity and was created in order to measure the change in gender balance at the highest levels of European corporates. It analyses the situations of the200 largest Stoxx Europe600 companies registered in nine European countries (Belgium, Czech Republic, Finland, France, Germany, Italy, Netherlands, Spain, United Kingdom). It is based on three indicators: s s Female representation on Boards of Directors/Supervisory Boards; s s Chairwomen of Boards of Directors/Supervisory Boards; s s Female CEOs or Chairwomen of Boards of Directors. In 2018 Hermès International ranked 16 th in this classification.

Moreover, in accordance with the AFEP-MEDEF Corporate Governance Code, revised in June 2018 (§ 1.7), the duties set out in the Supervisory Board’s rules of procedure were supplemented on 11 September 2018. Henceforth the Supervisory Board must ensure that the Executive Chairmen implement a non-discrimination and diversity policy in the governing bodies. This policy was presented to the Supervisory Board in late 2018.

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2018 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL