HERMÈS - 2018 Registration document

Overview of the group

Group Governance

GROUP GOVERNANCE

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The Executive Management ensures the management of Hermès International. The role of the Executive Chairman is to manage the Group and act in its general interest, within the scope of the corporate purpose and subject to those powers expressly granted by law or by the Articles of Association to the Supervisory Board, to the Active Partner and to Shareholders’ General Meetings. The Executive Chairmen distributed their roles as follows: Mr Axel Dumas is in charge of strategy and operational management, and Émile Hermès SARL, through its Executive Management Board, is responsible for the vision and strategic areas.

The Group management is comprised of the Executive Chairman and the Executive Committee, which consists of managing directors, each of whom has well-defined areas of responsibility. Its role is to oversee the Group’s strategic and operational management. Its composition reflects the Group’s main areas of expertise.

1 The members of the Executive Committee, from left to right

Mr Pierre-Alexis Dumas, Mr Wilfried Guerrand, Mr Olivier Fournier, Ms Charlotte David, Mr Axel Dumas, Mr Guillaume de Seynes, Mr Florian Craen and Mr Éric du Halgouët.

TheOperations Committee, which reports to theExecutiveManagement, is made up of the Executive Committee and the Senior Executives of the main métiers and geographical areas of the Group. Its duties are: s s to involve Senior Executives in the Group’smajor issues and strategic orientations; s s to promote communication, sharing and reasonable exchanges amongst its members in their area of responsibility; s s to enable the Executive Committee to make certain decisions. Detailed information on the administrative and management bodies is provided in Chapter 3, on pages 139 to 148.

The Supervisory Board exercises ongoing control over the Company’s management. For this purpose, it has the same powers as the Statutory Auditors and receives the same documents, at the same time. Detailed information on the composition and the work of the Supervisory Board is provided in Chapter 3, on pages 149 to 190.

2 Eric de Seynes Chairman of the Supervisory Board

2018 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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