30. Provisions 128 Annual Report 2009 - Heineken N.V. Financial Statements Notes to the consolidated financial statements Based on RTSR and internal performance, it is expected that approximately 253,000 shares will vest in 2010. The expenses relating to these expected additional grants are recognised in the income statement during the performance period. The number and weighted average share price per share is as follows: Weighted average share price 2009 in EUR Number of share rights 2009 Weighted average share price 2008 in EUR Number of share rights 2008 Outstanding as at 1 January 37.48 905,537 30.10 696,616 Granted during the year 21.90 615,945 44.22 290,246 Forfeited during the year - (74,813) - (40,581) Vested during the year - (292,921) - (40,744) Outstanding as at 31 December 31.17 1,153,748 37.48 905,537 The 292,921 (gross) shares vested in 2009 are related to the 2006-2008 LT1P of senior management. No vesting occurred under the 2006-2008 LTIP of the Executive Board. The fair value of services received in return for share rights granted is based on the fair value of shares granted, measured using the Monte Carlo model, with following inputs: Senior Senior Executive Executive Management Management In EURBoard 2009 Board 2008 2009 2008 Fair value at grant date 512,359 411,670 8,478,659 7,409,515 Expected volatility 22.8% 18.4% 22.8% 18.4% 2.1% 1.7% 2.1% 1.7% Personnel expenses In millions of EUR Note 2009 2008 Share rights granted in 2006 - 3 Share rights granted in 2007 3 4 Share rights granted in 2008 3 4 Share rights granted in 2009 4 - Total expense recognised as personnel expenses 10 11 Onerous in millions of EUR Note Restructuring contracts Other Total Balance as at 1 January 2009 180 65 257 502 Changes in consolidation 6 - - 1 1 Provisions made during the year 98 2 91 191 Provisions used during the year (88) (9) (35) (132) Provisions reversed during the year (18) - (44) (62) Effect of movements in exchange rates (2) (3) 20 15 Unwinding of discounts 1 - 2 3 Balance as at 31 December 2009 171 55 292 518 Non-current 66 47 243 356 Current 105 8 49 162 171 55 292 518

Jaarverslagen en Personeelsbladen Heineken

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