Recommendations of the Supervisory Board To the shareholders -p^g EXecutive Board has submitted the annual accounts for 1999 to the Supervisory Board. These annual accounts, which are set out on pages 45 to 68 of this report, have been audited by KPMG Accountants N.V., The Supervisory Board recommends you to adopt the annual accounts and, as proposed by the Executive Board, to set the dividend at EUR 125.4 million and to add the balance of profit, amounting to EUR 391.0 million, to the general reserve. Per share of NLG 5.00 (EUR 2.27) par value, this proposal represents a dividend of EUR 0.40 (NLG 0.88), of which EUR 0.14 (NLG 0.30) was already made payable as an interim dividend on September 17, 1999. In 1998 the dividend amounted to NLG o.7o(EUR 0.32). At the General Meeting of Shareholders held on April 22, 1999 Messrs H. de Ruiter and L. van Vollenhoven were reappointed to the Supervisory Board. Messrs M.R. de Carvalho and J. Loudon are stepping down from the Supervisory Board by rotation; both are eligible for reelection immediately. In addition it will be proposed to the General Meeting of Shareholders to appoint mr. A.H.J. Risseeuw as a member of the Supervisory Board. whose report appears on page 69. 6

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 1999 | | pagina 12