Hermes International : Notice of Meeting 2022 (with e-accessibilty) including purpose and draft resolutions

NOTICE OF MEETING 2022

Combined General Meeting 20 april 2022 at 9.30 AM

Salle Pleyel 252 rue du Faubourg Saint-Honoré in Paris (8e)

The General Meeting will be broadcast on video, live and in full, on the company's websitehttps://finance.hermes.com/en/general-meetings

Ladies and Gentlemen, Dear Shareholders,

We are delighted to be able to hold our General Meeting on Wednesday, 20 April 2022 at 9:30 a.m. at the Salle Pleyel, in your presence.

People wishing to physically attend the General Meeting shall respect the barrier gestures, the local hygiene and safety instructions, and more generally shall comply with all regulations that may apply at the date of the Meeting.

The Company draws the attention of its shareholders to the fact that it may change the conditions for participating in this Meeting. We therefore invite you to regularly consult the "General Meetings" section of our website

(https://finance.hermes.com/en/general-meetings), which will be updated on any regulatory changes and/or recommendations of the Financial Markets Authority (AMF) that may occur prior to the General Meeting.

Caution

Please note that you are not allowed to enter the Salle Pleyel with a suitcase, travel bag or objects larger than A3 format.

Thank you for your understanding.

This document is a free translation into English of the "Brochure de convocation", originally prepared in French, and has no other value than an informative one. Should there be any difference between the French and the English version, only the French language version shall be deemed authentic and considered as expressing the exact information published by Hermès.

WELCOME

to the Combined General Meeting on 20 April 2022 at 9.30 am

(reception and sign-in between 8:00 am and 10:00 am)

at the Salle Pleyel, 252 rue du Faubourg Saint-Honoré in Paris (8th)

The General Meeting will be broadcast on video, live and in full, on the company's websitehttps://finance.hermes.com/en/general-meetings.

It will also be available on the above-mentioned website in replay.

CONTENTS

MESSAGE FROM THE EXECUTIVE MANAGEMENT	1
1
AGENDA	2
2
ATTEND THE GENERAL MEETING	4
3
THE HERMÈS GROUP IN 2021	10
4	SUMMARY TABLE OF THE USE OF FINANCIAL
DELEGATIONS OF AUTHORITY	13
5	TABLE OF RESULTS OVER THE LAST FIVE
FINANCIAL YEARS	16
6
CORPORATE GOVERNANCE	17
7	SUPERVISORY BOARD'S REPORT TO
THE GENERAL MEETING OF 20 APRIL 2022	61
8	STATUTORY AUDITORS' REPORT ON RELATED-PARTY
AGREEMENTS	65
9
EXPLANATORY STATEMENTS AND DRAFT RESOLUTIONS	67
REQUEST FOR THE MAILING OF DOCUMENTS
90

AND LEGAL INFORMATION

10

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HERMÈS INTERNATIONAL 24, rue du Faubourg-Saint-Honoré - 75008 Paris - France - Partnership limited by shares with capital of €53,840,400.12 572 076 396 RCS Paris

MESSAGE FROM THE EXECUTIVE MANAGEMENT

A wonderful human odyssey

2021 was marked by strong growth and exceptional results. In the face of the pandemic, Hermès' artisanal model has once again demonstrated its resilience and relevance.

We owe this success to the house's 17,600 employees who, with their talents, know-how and human values, adapted to a new paradigm without ever compromising their high standards or integrity. We rewarded this universal commitment by granting an exceptional bonus of €3,000 to every employee worldwide and a monthly pay increase of €100 for employees in France.

In the new dynamics of a world where the physical and the digital coexist, Hermès has consolidated its multi-local approach and successfully nurtured and renewed its bonds with customers in each country. In increasingly polarised markets, its rich collections and abundant creativity have enabled the house to offer sustainable objects adapted to individual desires. Innovation, whether in the development of new materials, in support functions, or in the agility of our services, has played a key role. Maintaining investments in production capacity and training - such as through the creation of the École Hermès des Savoir-Faire - is a sign of the house's deep attachment to the regions and local communities in which it operates, and of the need and willingness to act in a socially and economically accountable way. The group's commitments to managing its environmental impact and contributing to responsible growth have been welcomed by all stakeholders, as borne out by the high scores received from non-financial rating agencies.

It is therefore with pride and gratitude that we close 2021, a year that we announced as an odyssey - a journey that, despite the world's vicissitudes, reminds us of who we are.

Axel DumasÉmile Hermès SAS

EXECUTIVE CHAIRMAN

EXECUTIVE CHAIRMAN

REPRESENTED BY HENRI-LOUIS BAUER

1

AGENDA

ORDINARY BUSINESS

1

PRESENTATION OF REPORTS TO BE SUBMITTED TO THE ORDINARY GENERAL MEETING

Executive management reports

• ♦ On the financial statements for the year ended 31 December 2021 and on the Company's activity for said financial year.

• ♦ On the management of the Group and the consolidated financial statements for the year ended 31 December 2021.

• ♦ On the resolutions relating to ordinary business.

Supervisory Board corporate governance report

Supervisory Board report to the Combined General Meeting of 20 April 2022

Statutory Auditors' reports

• ♦ On the annual financial statements.

• ♦ On the consolidated financial statements.

• ♦ On related-party agreements.

Report by one of the Statutory Auditors, designated as an independent third party, on the consolidated social, environmental and societal information contained in the management report

2

VOTING ON ORDINARY RESOLUTIONS

First resolution

Approval of the parent company financial statements.

Second resolution

Approval of the consolidated financial statements.

Third resolution

Executive Management discharge.

Fourth resolution

Allocation of net income - Distribution of an ordinary dividend.

Fifth resolution

Approval of related-party agreements.

Sixth resolution

Authorisation granted to the Executive Management to trade in the Company's shares.

Seventh resolution

Approval of the information referred to in I of Article L. 22-10-9 of the French Commercial Code (Code de commerce) with regard to compensation for the financial year ended 31 December 2021, for all Corporate Officers (global ex-post vote).

Eighth resolution

Approval of total compensation and benefits of all kinds paid during or awarded in respect of the financial year ended 31 December 2021 to Mr Axel Dumas, Executive Chairman (individual ex-post vote).

Ninth resolution

Approval of total compensation and benefits of all kinds paid during or awarded in respect of the financial year ended 31 December 2021 to the company Émile Hermès SAS, Executive Chairman (individual ex-post vote).

Tenth resolution

Approval of total compensation and benefits of all kinds paid during or awarded in respect of the financial year ended 31 December 2021 to Mr Éric de Seynes, Chairman of the Supervisory Board (individual ex-post vote).

Eleventh resolution

Approval of the compensation policy for the Executive Chairmen (ex-ante vote).

Twelfth resolution

Approval of the compensation policy for Supervisory Board members (ex-ante vote).

Thirteenth resolution

Re-election of Mr Charles-Éric Bauer as Supervisory Board member for a term of three years.

Fourteenth resolution

Re-election of Ms Estelle Brachlianoff as Supervisory Board member for a term of three years.

AGENDA

EXTRAORDINARY BUSINESS

Fifteenth resolution

Re-election of Ms Julie Guerrand as Supervisory Board member for a term of three years.

EXTRAORDINARY BUSINESS

1

PRESENTATION OF REPORTS TO BE SUBMITTED TO THE EXTRAORDINARY GENERAL MEETING

Executive management report

♦ On the resolutions relating to extraordinary business.

Supervisory Board report to the Combined General Meeting of 20 April 2022

Statutory Auditors' reports

• ♦ On the capital decrease (17th resolution).

• ♦ On the authorisation to grant stock options (18th resolution).

• ♦ On the authorization to grant free existing shares (19th resolution).

Sixteenth resolution

Re-election of Ms Dominique Senequier as Supervisory Board member for a term of three years.

2 VOTING ON EXTRAORDINARY RESOLUTIONS

Seventeenth resolution

Authorisation to be granted to the Executive Management to reduce the share capital by cancellation of all or part of the treasury shares held by the Company (Article L. 22-10-62 of the French Commercial Code (Code de commerce)) - General cancellation programme.

Eighteenth resolution

Authorisation to be given to Executive Management to grant stock-options.

Nineteenth resolution

Authorisation to be given to Executive Management to grant free existing shares.

Twentieth resolution

Delegation of authority to carry out the formalities related to the General Meeting.

1