Hermes Results Presentation Deck

In % of revenue 20.9 2011 21.2 2012 21.0 2013 EVOLUTION OF NET PROFITABILITY 20.9 2014 20.1 2015 21.2 2016 22.0 2017 23.6 2018 * 22.2 2019 21.7 2020 (*) 22.7% after restatement from the capital gains from the Galleria store premises in Hong Kong in 2018 (**) 20.3% after restatement from the non-recurring profit related to the deconsolidation of Shang Xia in 2020 ** HERMÈS RESULTS 2020 / 27

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