HERMES_REGISTRATION_DOCUMENT_2017

3

CORPORATE GOVERNANCE

SUPERVISORY BOARD’S REPORT ON CORPORATE GOVERNANCE

SUPERVISORY BOARD: COMPOSITION AND CONDITIONS GOVERNING THE PREPARATION AND ORGANISATION OF WORK

3.1.3

s appointed Dorothée Altmayer and Olympia Guerrand as new members to the Supervisory Board for a period of three years and one year respectively. In accordance with the principle of periodically replacing one-third of the Supervisory Board set out in Article 18.2 of the Articles of Association, the members of the Supervisory Board drew lots to determine the length of their respective terms. Themeeting of the Supervisory Board on 6 June 2017 renewed theman- date of the Chairman of the Supervisory Board, Mr Éric de Seynes, for the period of his mandate as member of the Supervisory Board.

Table of changes in the composition of the Supervisory Board over the year

3.1.3.1

The General Meeting of 6 June 2017:

s reappointed Monique Cohen, Renaud Momméja and Éric de Seynes to the Supervisory Board for a period of three years expiring at the end of the Annual Ordinary General Meeting called to approve the finan- cial statements for the year ending 31 December 2019;

Changes in terms of diversification (gender parity, other nationalities or experience) or corporate governance

Date

Departures

Appointments

Reappointments

06/06/2017

Monique Cohen Renaud Momméja Éric de Seynes

06/06/2017

Dorothée Altmayer

Gender parity, experience (human interest background and human resources skills) Gender parity, dual nationality, experience (international culture and knowledge of art)

Olympia Guerrand

Succession plan for the Chairman of the Supervisory Board

Brief presentation of the members of the Supervisory Board

3.1.3.2

3.1.3.3

Early in 2018, the CAG Committee conducted its review of the succes- sion plan for the Chairman of the Supervisory Board and deemed it of good quality and suitable for the needs of the company.

Average seniority:

6½ years

Average age:

52½ years

Percentage of women:

50%

Proportion of independent members:

one-third

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2017 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL