Appropriation of profit Authorised capital
Article 12, paragraph 7, of the Articles The Company's authorised capital amounts
of Association stipulates: to €2.5 billion.
'Of the profits, payment shall first be made,
if possible, of a dividend of six percent of the issued
part of the authorised share capital. The amount
remaining shall be at the disposal of the General
Meeting of Shareholders.'
It is proposed to appropriate €196 million
of the profit for payment of dividend and to
add €565 million to the retained profits.
Special rights pursuant to the Articles
of Association
Article 7, paragraph 2, of the Articles of Association
reads: 'The members of the Executive Board and
of the Supervisory Board shall be appointed by the
General Meeting of Shareholders from a binding
nomination of at least two persons to be made
by the Supervisory Board for each appointment.'
Heineken N.V. is not a 'structuurvennootschap'
within the meaning of Sections 152-164 of the
Netherlands Civil Code. Heineken Holding N.V.,
a company listed on Euronext Amsterdam, holds
50.005 percent of the shares of Heineken N.V.
Heineken N.V. - Annual Report 2005
