HERMÈS - 2018 Registration document

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Information on the Company and its share capital

Information on share capital and shareholders

7.2.2.6 Change in ownership and voting rights During the last three financial years and to the Company’s knowledge, the distribution of capital and voting rights in the Company (by percentage) was as follows:

31/12/2018

31/12/2017

31/12/2016

Voting rights 1

Allocation of net income

Shareholders holding more than 5% of the capital or voting rights

Share capital

Other

H51

54.2% 63.5% 63.5% 53.5% 63.3% 63.3% 52.6% 62.7% 62.7% 6.5% 7.8% 7.8% 6.5% 7.9% 7.9% 6.5% 7.6% 7.6%

Other members of the Hermès family group Subtotal Hermès family group 2

6.0% 4.5% 6.8% 6.0% 4.6% 6.9% 6.0% 4.5% 6.9% 66.7% 75.8% 78.1% 66.0% 75.8% 78.2% 65.1% 74.8% 77.2%

Semyrhamis

- - -

8.3% 5.1% 5.1% 0.2% 0.1% 0.1% 8.5% 5.2% 5.2%

Famille Arnault

Subtotal Arnault family group 3

32.1% 24.2% 21.9% 32.7% 24.2% 21.8% 25.4% 20.0% 17.6% 1.2% 0.0% 0.0% 1.3% 0.0% 0.0% 1.0% 0.0% 0.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%

Public 4 5 6

Treasury shares

TOTAL

(1) Voting rights that can be exercised in the General Meeting. In accordance with Article 12 of the Articles of Association of the Company, the voting right is exercised by the bare owner for all decisions taken by all General Meetings, except for decisions concerning the allocation of net income, for which the voting right is exercised by the usufructuary. The procedures for publication and allocation of voting rights are detailed on page 340. (2) The Hermès family group is composed of the partners of Émile Hermès SARL, their spouses, children and grandchildren, their asset holdings, and direct and indirect shareholders in Hermès International and in Émile Hermès SARL. (3) The lines composing this subtotal for 2016 were established in accordance with the declaration of 12 January 2017. For 2017 and 2018, the equity holdings of the family group Arnault are aggregated in the line «Public». (4) These percentages correspond to the total shares and voting rights in circulation, reduced by the number of shares and voting rights declared by the identified shareholders as mentioned in this table.

(5) Including the Arnault family group except for 2016, threshold-crossing declaration of 11 July 2017 on page 344. (6) Mr Nicolas Puech did not indicate the number of Hermès International’s shares he held at 31 December 2018.

Resolution 12, voted at the General Meeting of 31 May 2016, approved the establishment of a free share plan for all Group employees, subject to the mechanisms applicable to free share plans, notably concerning the reference and holding periods. On 31 December 2018, employee shareholding, based on plans already allocated or vested, involvedmore than half of the Group’s workforce, which held 887,305 Hermès shares, representing 0.84% of the Group’s share capital. Taking into account rights under the last 2016 plan, employee shareholding could exceed 1,5% when the shares vest in 2020.

7.2.2.7 Employee ownership of share capital No shares are owned by employees of the Company or any affiliated enti- ties via the Company savings plan or dedicated employee investment. Maison Hermès, faithful to its family tradition, involves all of its employees throughout the world with in the Group’s growth, through employee shareholding mechanisms, which form part of the Group’s long-term compensation policy and which help to motivate and retain its employees for the future. Thus, the Hermès Group has offered its employees, in France and internationally, free share plans, granted in 2007, 2010 and 2012.

2018 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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