Notes to the Balance Sheet and Profit and Loss Account of Heineken N.V. for 2003 General The amounts disclosed in the notes are in millions of euros unless otherwise indicated. The aggregate amounts referred to in Section 383, subsection 1, Part 9, Book 2, of the Netherlands Civil Code, in respect of the remuneration, pensions etc. of existing and former members of the Executive Board and of existing and former members of the Supervisory Board disbursed by the company were as follows: 2003 2002 Executive Board members 3.4 7.5 Supervisory Board members 0.3 0.3 Remuneration The remuneration of the members of the Executive Board comprises a fixed component and a variable component, made up of an annual profit-sharing bonus and a long-term bonus. The profit-sharing bonus is determined individually by the Supervisory Board. The long-term bonus is linked to the issue of bonus shares or recapitalisation by Heineken N.V., which, in the past, has occurred on average once every three years. Pensions The pensions of the Executive Board members are administered by Stichting Heineken Pensioenfonds. In 2003, €470,000 (2002: €58,ooo) was charged to the company in respect of pension contributions. Shares As at 31 December 2003, the members of the Executive Board did not hold any of the company's shares, convertible bonds or option rights. One of the Executive Board members held 632 shares of Heineken Holding N.V. as at 31 December 2003. Supervisory Board The individual members of the Supervisory Board received the following remuneration: in thousands of euros 2003 2002 J.M. de Jong' 45 31 M. Das 38 38 J. Loudon3 12 38 H. de Ruiter 38 38 M.R. de Carvalho 38 38 A.H.J. Risseeuw 38 38 J.M. Hessels 38 38 C.J.A. van Lede' 38 26 R. Hazelhoff2 - 14 A. Maas2 - 12 L. van Vollenhoven2 - 12 1 Appointed 25 April 2002 Retired 25 April 2002 5 Retired 24 April 2003 As at 31 December 2003, the Supervisory Board members did not hold any of the company's shares, convertible bonds or option rights. Two Supervisory Board members together held 7,600 shares of Heineken Holding N.V. as at 31 December 2003. Executive Board remuneration Fixed Annual in thousands of euros bonus 2003 2002 2003 2002 A. Ruys 543 506 455 426 M.J. Bolland 358 358 277 277 J.F.M.L. van Boxmeer 358 358 277 277 D.R. Hooft Graafland1 358 239 277 185 S.W.W. Lubsen2 358 412 K. Vuursteen3 181 152 Remuneration since appointment as member of the Executive Board on 2 May 2002 1 Retired on 31 December 2002 Retired on 25 April 2002 Long-term bonus 2003 2002 Pension plan 2003 2002 Total 2003 2002 998 635 635 635 1,000 1,856 804 932 635 635 424 2,626 2,137 HEINEKEN N.V. ANNUAL REPORT 2003 80

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2003 | | pagina 86