Correct. Across all generations of Hermès watches, not a single one came with a S/M. At least, it wasn’t supposed to.
The weird part is, there was someone on r/ABM who claimed they bought a S/M piece at a boutique. I sincerely doubt they were telling the truth, because I don’t think S/M pieces were ever officially distributed by either Apple or Hermès.
Watching unboxing videos says otherwise. The Titanium inserts are a trifold, which has extra space for the M/L piece. The Hermès inserts, however, are a bifold design. Just enough room for some text and the M/L piece. There hasn’t been, isn’t, and probably never will be an included S/M.
Chargerstore is, probably, the only place you can get authentic S/M pieces. There’s also a second seller on there who seems to have them, but I’m convinced they’re just reselling Chargerstore’s bands.
Chargerstore:
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Lux:
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