Investor Presentaiton

RECURRING OPERATING PROFITABILITY EVOLUTION in % of revenue * Before IFRS16 34.6* 34.8 34.0 32.4* 32.6* 31.5* 31.8* 31.0 39.3 40.5 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Hermès 2022 Full Year Results | 26

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