HERMES - 2020 Universal Registration Document

2020 Universal Registration Document INCLUDING THE ANNUAL FINANCIAL REPORTCONTENTS MESSAGE FROM THE EXECUTIVE MANAGEMENT5 HIGHLIGHTS 20206 1 PRESENTATION OF THE GROUP AND ITS RESULTS9 Six generations of craftpeople10 Group governance13 Strategy14 Simplified organisation chart and Group locations17 Key financial figures24 Revenue and activity by m tier26 Revenue and activity by geographical area35 Comments on the consolidated Financial statements38 Significant events since the end of the financial year 39 Outlook40 Fondation d'entreprise42 NFPS 2 CORPORATE SOCIAL RESPONSIBILITY45 Business model47 People: teams61 People: savoir-faire91 Planet: raw materials108 Planet: environment125 Communities: suppliers & partners163 Communities: stakeholders and local integration182 Ethics Compliance198 Report by one of the Statutory Auditors, appointed as an independent third party, on the consolidated non-financial information statement included in the management report213 AFR 3 CORPORATE GOVERNANCE219 Ambitious and balanced governance221 AFRS upervisory Board report on corporate governance226 The Company s Corporate Governance Code226 Administrative and management bodies229 Organisation of the Supervisory Board240 Functioning of the Supervisory Boa

2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL 5 MESSAGE FROM THE EXECUTIVE MANAGEMENT Hermès, a refuge, a beacon and a prescriber 2020 was a pivotal year. We are proud of the robustness and solidarity that the House displayed, and grateful to all of its teams.

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