Appropriation of Profit
Article 12, paragraph 7, of the Articles of Association stipulates:
"Of the profits, payment shall first be made, if possible, of a dividend of six per cent 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 EUR512 million of the profit for payment of dividend and to add EUR2.437 million to the retained earnings.
Heineken N.V. is not a 'structuurvennootschap' within the meaning of Sections 2:152-164 of the Netherlands Civil Code. Heineken Holding N.V.,
a company listed on the NYSE Euronext Amsterdam, holds 50.005 per cent of the issued shares of Heineken N.V.
The Company's authorised capital amounts to EUR2.5 billion.
Heineken N.V. Annual Report 2012