35- Belated parties Identification of related parties Key management remuneration Executive Board Executive Board Supervisory Board 144 Financial Statements Notes to the consolidated financial statements Heineken has a related party relationship with its associates and joint ventures (refer note 16), Heineken Holding N.V., Heineken pension funds (refer note 28) and with its key management personnel (Executive Board and the Supervisory Board). In millions of EUR2009 2008 Executive Board 4.2 3.2 Supervisory Board 0.4 0.4 4.6 3.6 The remuneration of the members of the Executive Board comprises a fixed component and a variable component. The variable component is made up of a Short-Term Incentive Plan and a Long-Term Incentive Plan. The Short-Term Incentive Plan is based on an organic profit growth target and specific year targets as set by the Supervisory Board. For the Long-Term Incentive Plan see note 29. The separate Remuneration Report is stated on page 65. As at 31 December 2009, J.F.M.L. van Boxmeer held 9,244 Company's shares and D.R. Hooft Graafland 6,544 (2008: J.F.M.L. van Boxmeer 9,244 and D.R. Hooft Graafland 6,544 shares). D.R. Hooft Graafland held 3,052 shares of Heineken Holding N.V. as at 31 December 2009 (2008: 3,052 shares). Short-Term Long-Term Fixed Salary Incentive Plan Incentive Plan* Pension Plan Total In thousands of EUR2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 J.F.M.L. van Boxmeer 750 750 1,125 611 303 249 379 287 2,557 1,897 D.R. Hooft Graafland 550 550 619 336 167 149 315 247 1,651 1,282 Total 1,300 1,300 1,744 947 470 398 694 534 4,208 3,179 The remuneration reported as part of the Long Term Incentive Plan is based on IFRS accounting policies and does not reflect the value of vested performance shares. The individual members of the Supervisory Board received the following remuneration: In thousands of EUR 2009 2008 C.J.A. van Lede 66 J.M. dejong 52 52 M. Das 52 52 M.R. de Carvalho 50 50 J.M. Hessels 50 50 I.C. MacLaurin 50 50 A.M. Fentener van Vlissingen 50 50 M. Minnick 45 32 V.C.O.B.J. Navarre 31 Total446 402 Only M.R. de Carvalho held shares (8) of Heineken N.V. as at 31 December 2009 (2008: 8 shares). As at 31 December 2009 and 2008, the Supervisory Board members did not hold any of the Company's bonds or option rights. C.J.A. van Lede held 2,656 and M.R. de Carvalho held 8 shares of Heineken Holding N.V. as at 31 December 2009 (2008: C.J.A. van Lede 2,656 and M.R. de Carvalho 8 shares). Annual Report 2009 - Heineken N.V.

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2009 | | pagina 140