HERMÈS - 2018 Registration document

3

Corporate Governance

Supervisory Board’s report on corporate governance

TABLE 2 Table summarising the compensation of each Executive Chairman

2018

2017

Amounts due (or allocated) by the Executive Management Board 1

Amounts due (or allocated) by the Executive Management Board

Limits granted by the Articles of Association or the General Meeting

Limits granted by the Articles of Association or the General Meeting

Gross annual compensation of Executive Chairmen

Amounts paid

Amounts paid

Decision of the Executive Management Board dated 19 March 2018

Decision of the Executive Management Board dated 20 March 2017

Mr Axel Dumas

Fixed compensation (referred to as “additional” in the Articles of Association) 2 Variable compensation (referred to as “statutory” in the Articles of Association) 2

2,365,549 € 1,470,773 € 1,470,773 €

€2,178,417 €1,354,303 €1,354,303

3,790,135 € 1,622,043 € 1,622,043 €

€3,319,259 €1,420,353 €1,420,353

Exceptional compensation

-

-

-

-

-

-

Total compensation

6,155,684 € 3,092,816 € 3,092,816 €

€5,497,676 €2,774,656 €2,774,656

Directors’ fees Benefits in kind

n/a n/a

n/a

n/a

n/a n/a

n/a

n/a

n/a Representation

n/a Representation

Decision of the Executive Management Board dated 19 March 2018

Decision of the Executive Management Board dated 20 March 2017

Émile Hermès SARL

Fixed compensation (referred to as “additional” in the Articles of Association) 2 Variable compensation (referred to as “statutory” in the Articles of Association) 2

2,365,549€ €500,000 €500,000

€2,178,417 €500,000 €500,000

3,790,135 € €756,409 €756,409

€3,319,259 €756,409 €756,409

Exceptional compensation

-

-

-

-

-

-

Total compensation

6,155,684 € €1,256,409 €1,256,409

€5,497,676 €1,256,409 €1,256,409

Directors’ fees Benefits in kind

n/a n/a

n/a n/a

n/a n/a

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 valuation) of the elements of the compensation of each Executive Chairman is shown in the description of the resolutions on pages 372 to 377. (2) These amounts take into account the limits set on an individual and collective basis by the Articles of Association and the General Meeting.

TABLE 3 Table of directors’ fees and other compensation received by members of the Supervisory Board

Amounts paid in 2018 for 2017

Amounts paid in 2019 for 2018

Total amount of directors’ fees and compensation allocated by the General Meeting of Hermès International Total amount of directors’ fees and compensation actually assigned by Hermès International

€600,000 €575,230

€600,000 €557,300

Mr Éric de Seynes Compensation of the Chairman of the Supervisory Board

€140,000

€140,000

Directors’ fees for Hermès International

n/a

n/a

fixed component

- -

- -

s s

s s variable component based on attendance

Directors’ fees for Hermès Sellier

€3,000

€3,000

Ms Monique Cohen Compensation of the Chairwoman of the Audit and Risk Committee

€28,000 25,925 € €10,000 15,925 €

€28,000 €28,200 €10,000 €18,200

Directors’ fees for Hermès International

fixed component

s s

s s variable component based on attendance

196

2018 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL