HERMÈS - 2018 Registration document

Overview of the group

Activity by métier

1.4.2.3.5 The Internet of Things Partnered with the Apple Watch Series 4 LTE, the Hermès Apple Watch has extended its exclusive watch strap collection with multicoloured bands in soft swift calfskin, colour block, bold colours (indigo, chalk, orange, burgundy, fuchsia, rose pink). It also offers a new bicolour acid dial whose contrast highlights the time by means of a rotary movement of the two tones, driven by the minute hand. The latest addition to the collection, the Rallye band, inspired by Hermès’ classic driving gloves, adopts grained and perforated Barénia Faubourg calfskin. Lastly, in a nod to the year’s theme and the notion of “suspended time”, a game dedicated to the Apple Watch combines dexterity, memory and logic while helping use all of the watch’s features. 1.4.2.3.6 Shoes In 2018, Pierre Hardy, Creative Director of women’s and men’s shoes, “played the game” in several ways. For the summer collection, women’s sandals take to the sports fields and are adorned with graphic lines that criss-cross each other and supe- rimpose themselves in natural or multihued colours. Folds of sharply cut leather, joined in large-stitched seams, are a showcase of crafts- manship. The colours themselves are fun, stacked and nested in colour block on sandals and trainers. For the winter collection, Pierre Hardy shakes up the codes by combining opposing universes like city and sport. Leather is combined with techni- cal materials on rugged rubber soles, and the classic buckled moccasin is turned into a boot. For evening wear, origami shapes sit atop printed silk stilettos and satin sandals. The men’s collection highlights urban models, highlighted by a contras- ting sole that gives them a relaxed look. Summer is awakened by brightly coloured features, on sandals with graphic lines or sports models ins- pired by stacks of building blocks. For winter, equestrian heritage expresses itself in timeless lines, with a strapped ankle boot and a soft loafer for a chic yet casual look, as a slip- per or mule. Several fusion models blur the lines between city and sport. Meanwhile, trainers assert their sporting roots through models blending technical canvas and leather for a featherlight yet elegant look. SILK AND TEXTILES Silk and Textiles represent the third largest sector of the Group, accoun- ting for 9%of consolidatedsales. In2018, thismétier achieved€537mil- lion in revenue. Women’s silk In 2018, the designers illustrated the theme of play on the emblematic scarf 90 in silk twill. The very first Hermès scarf, Jeu des omnibus et des dames blanches , created in 1937 fromawatercolour kept in the office of ÉmileHermèsandrepresentingahistoricalversionofthegameofsnakes and ladders, was given a new twist by Gianpaolo Pagni. The artist’s play 1.4.3 1.4.3.1

on stamps and turned it into Jeu des omnibus remix . Illustrator Pierre Marie takes us Around the world in 63 squares , in a game of snakes and ladders whose sinuous path takes us all over the world, each square evoking a place or incident dear to the House. Meanwhile, the drawing Acte III, scène I, la clairière , with its lavish, strange and poetic atmos- phere, is inspired by Shakespeare’s A Midsummer Night’s Dream . It is the work of Édouard Baribeaud, a young Franco-German designer living in Berlin, in his first scarf for the House. Women’s silk this year welcomed a major novelty: the scarf wash. Washed by the expert hands of Lyon craftsmen, the Hermès scarf is transformed and reinvented. Softened, supple, velvety, as easy to wear as faded jeans, it takes on a patina of singular beauty and becomes the casual little brother of the classic scarf. A new format has also appeared with the launch of twillons, whose name is a nod to the emblematic twilly. Long colourful silk ribbons made into scarves, that can be knotted in a thousand ways, twillons illustrate both the fantasy and the singular and consistently reinvented style of Hermès silk. Lastly,thesearchforexceptionalfibresandthemasteryofcraftsmanship continue. For the winter collections, camel, combined with cashmere and yak, entered the collection of stoles and warm articles with intense colours and a feel that is at once soft and rustic. Men’s silk The idea behind the collections is to remain the benchmark in elegant ties while inventing the future of this timeless accessory. Alongside silk ties printed with classic or fantasy patterns, the 7 cm woven silk tie creates a new language, serious then sassy, but always very fresh. In tartan, hound’s-tooth or gingham, in a very British spirit of tailoring, this tie is a real dark horse: turn it over and you’ll find patterns instilled with quirky wit – lion scratches, piercings or tattoos. Men’s scarves pay tribute to games of all eras. With the scarf 100 The game in cashmere and silk, Greek designer Elias Kafouros takes us on a return trip between real and virtual, between table games and arcade games, under the arch of the Grand Palais, a nod to the Saut Hermès. Dimitri Rybaltchenko’s cashmere and silk Last Night scarf gives us music, a theme cherished in the world of men’s silk, in the form of a mixing table where the designer has had fun replacing the playlist with some of his previous designs. Lastly, the collection of long scarves is growing, offering unstructured links on a light wool and silk weft for summer, or college cashmere stripes for winter. OTHER HERMÈS MÉTIERS The other Hermès métiers include Jewellery, the Art of Living and the Art of Hermès Tableware. In 2018, they achieved revenue of €425 million, representing a 20% rise at constant exchange rates and accounting for 7% of the Group’s total revenue. 1.4.3.2 1.4.4

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2018 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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