60. Rer continued
2005, Mr. Büche received a severance payment
from Heineken N.V. in the amount of €27,000
on top of his salary paid by Brau Union AG in this
period. In 2006, Mr Büche, will receive a severance
payment from Heineken N.V. of approximately
€213,000 and a salary from Brau Union AG of
approximately €312,000. In addition, in respect
of the financial years 2005 and 2006 Mr. Büche
shall receive an annual bonus related to dividend
distribution. The annual bonus 2005 amounts
to €376,000 from which amount a bonus paid by
Brau Union AG will be deducted. Mr. Büche shall
also be entitled to a long-term bonus related to
actual net profit in the financial years 2004, 2005
and 2006. The annual bonuses in respect of the
financial years 2004, 2005 and 2006 are deducted
from the figure calculated on this basis, but this
cannot lead to a negative amount.
Shares
As at 31 December 2005, the Supervisory Board
members did not hold any of the Company's shares,
convertible bonds or option rights. Two Supervisory
Board members together held 9,500 shares of
Heineken Holding N.V. as at 31 December 2005.
Supervisory Board Heineken N.V.
21 February 2006
Remuneration Supervisory Board
In the Annual General Meeting of Shareholders
in 2005 it was resolved, with effect from 1 January
2005, to pay the chairman and members of the
Supervisory Board a fixed annual fee for their
committee activities, in addition to their fixed
remuneration. Furthermore, the proposal to
increase the fixed remuneration of Supervisory
Board members as per 1 January 2006 was
approved. The amounts paid to the members
of the Supervisory Board are stated on page 102
of the financial statements.
Heineken N.V. - Annual Report 2005
