HERMES_REGISTRATION_DOCUMENT_2017

COMBINED GENERAL MEETING OF 5 JUNE 2018

STATUTORY AUDITORS’ REPORTS

STATUTORY AUDITORS’ SPECIAL REPORT ON RELATED-PARTY AGREEMENTS AND COMMITMENTS

8.4.3

Nature, purpose and provisions On 27 January 2017 your Supervisory Board authorised the renewal by amendments, of the Trademark License Agreements and their amend- ments which expired on 31 December 2016 in order to: s transform them into agreements of unlimited duration with the pos- sibility for each party to terminate them at any time on condition of a written advance notice of at least one year; and s toupdate the list of brandnamesunder that license to include thenew brand names that have been registered since the last amendment. There was no financial impact from transforming these licences into unli- mited duration agreements. The trademark license agreements and their amendments resulted in the payment of the following royalties during the 2017 financial year:

General Meeting to approve the financial statements Year ended 31 December 2017 To the General Meeting of Hermès International

We, in our capacity as your Company’s Statutory Auditors, are presenting our report to you on related-party agreements and commitments. Our responsibility is to report to you, based on the information provided to us, on themain terms and conditions, and the grounds for theCompany’s best interest, of agreements and commitments that have been disclosed to us or that we may have identified as part of our engagement, without commenting on their relevance or substance or identifying any undis- closed agreements and commitments. Under the provisions of Article R. 226-2 of the French Commercial Code ( Code de commerce ), it is your responsibility to determine whether the agreements and commitments are appropriate and should be approved. Where applicable, it is also our responsibility to provide you with the information required by Article R. 226-2 of the French Commercial Code ( Code de commerce ) in relation to the implementation during the year of agreements and commitments already approved by the General Meeting. We performed the procedures that we deemed necessary in accordance with professional practice as per the French national auditing body, Compagnie nationale des commissaires aux comptes , relating to such engagements. These procedures consisted in verifying that the informa- tion given to us is consistent with the underlying documents. Agreements and commitments to be submitted for the approval of the General Meeting Agreements and commitments authorised and concluded during the past year In accordance with article L226-10 of the Commercial Code we were informed of the following agreements and commitments which were concluded during the past financial year, and which received the prior authorisation of your Supervisory Board. a) Trademark licence agreements Persons concerned s Hermès International, direct or indirect shareholder with an interest of more than 10% in the licensed companies; s For Comptoir Nouveau de la Parfumerie: Mr Matthieu Dumas, Supervisory Board member of Hermès International and director of Comptoir Nouveau de la Parfumerie; s For Hermès Sellier: For Hermès Sellier: Mr Éric de Seynes and Mr Blaise Guerrand, Supervisory Board members of Hermès International and members of the Management Board of Hermès Sellier; s For LaMontreHermèsMr Axel Dumas, ExecutiveChairmanof Hermès International and director of La Montre Hermès.

Amount of the royalties paid in respect of 2017

Company

Hermès Sellier

€108.251.531 €13.276.351

Comptoir Nouveau de la Parfumerie

La Montre Hermès

€3.456.068

Grounds for the Company’s best interest As the Trademark license agreements concluded by Hermès International with the said persons involving the “HERMES” trade- marks and the other trademarks exploited by these companies expired on 31 December 2016 they had to be renewed. b) Restaurant services agreement with MOCE Person concerned Mr Charles-Eric Bauer, the majority shareholder in MOCE and a member of Hermès International’s Supervisory board. Nature, purpose and provisions On 6 June 2017 your supervisory board authorised the conclusion of a contract between Hermès International and MOCE (“EatMe” trading sign) for the supply of fast food restaurant services on the Hermès International site at 12-12, rue d’Anjou 75008 Paris. Grounds for the Company’s best interest As part of a public tender process, Hermès International put several fast food service providers into competition. MOCE was selected in view of its commercial offer. This latter did not present any fixed expenses and specified planning the space in harmony with the building. In 2017, billing for this service came to €60,323.

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2017 REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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