Hermès International: Release on compensation of Executive Chairmen as of 16 February 2026

Core Points - The compensation policy for the Executive Chairmen of Hermes International has been disclosed in accordance with the Afep-Medef Corporate Governance Code, with details provided following the Board meeting [3][4] - The compensation policy was renewed for the 2026 financial year and will be submitted for approval at the Shareholders' General Meeting on April 17, 2026 [4] Fixed Compensation - The fixed compensation for 2026 was determined based on a 5% increase from the fixed remuneration for 2025, which reflects the variation in the Company's consolidated revenue [5] - Émile Hermès SAS' fixed compensation for 2026 is set at €996,990, while Mr. Axel Dumas' fixed compensation is set at €2,929,905 [6] Variable Compensation - The variable compensation for the 2025 financial year was evaluated based on the achievement of CSR criteria, which were fully met, accounting for 10% of the variable compensation [7] - The variable compensation for Émile Hermès SAS for 2025 is set at €2,478,332, and for Mr. Axel Dumas, it is set at €5,314,575, reflecting a 5.4% increase in the Company's consolidated net income before tax compared to 2024 [8] Approval Process - The payment of variable compensation is subject to shareholder approval at the General Meeting on April 17, 2026 [8] - The compensation items were reviewed and approved by the Management Board, CAG-CSR Committee, and Supervisory Board, ensuring compliance with statutory provisions and the articles of association [9][10]