The individual members of the Supervisory Board received the following remuneration:
C.J.A. van Lede
J.A. Fernandez CarbajaP*
A.M. Fentener van Vlissingen
J.G. Astaburuaga Sanjinés**
Stepped down as at 22 April 2010.
Appointed as at 30 April 2010.
On the Annual General Meeting of Shareholders held on 21 April 2011 it was proposed, under agenda item 5, to increase the remuneration of our
Supervisory Board. The fees initially established on 1 January 2006 were updated as per 1 January 2011 to reflect the increased size and global
footprint of HEINEKEN and also to align to the market practice in Europe (excl. UK). In 2010 Mr. C.J.A. van Lede and Mr. M.R. de Carvalho both
received EUR45 thousand from Heineken Holding N.V. for attending meetings of the board of Directors of Heineken Holding N.V. in their position
of member of the Preparatory Committee. As of 2011 this fee is included in the fees as stated above and paid by Heineken N.V.
M.R. de Carvalho held 8 shares of Heineken N.V.asat31 December 2011 (2010:8 shares). As at 31 December 2011 and 2010, 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 2011 (2010: C.J.A. van Lede 2,656 and M.R. de Carvalho 8 shares).
Other related party transactions
Transaction value as at 31 December
Sale of products and services
To associates and joint ventures
Raw materials, consumables and services
Goods for resale - joint ventures
Other expenses -joint ventures
Other expenses FEMSA
Heineken Holding N.V.
In 2011, an amount of EUR586.942 (2010: EUR7.4 million) was paid to Heineken Holding N.V. for management services for the Heineken Group,
the decrease in comparison to 2010 was caused bytheacguisition of FEMSAand related services performed by Heineken Holding N.V. in 2010.
This payment is based on an agreement of 1977 as amended in 2001, providing that Heineken N.V. reimburses Heineken Holding N.V. for its costs.
Best practice provision 111.6.4 of the Dutch Corporate Governance Code of 10 December 2008 has been observed in this regard.
Heineken N.V. Annual Report 2011