Overview Report of the Executive Board Report of the Supervisory Board Financial statements Other information Executive Board composition and remuneration Composition Best practice provision II.1.1 of the Dutch Corporate Governance Code of 10 December 2008 recommends that an Executive Board member is appointed for a period of four years and that a member may be reappointed for a term of not more than four years at a time. In compliance with this best practice provision, the Supervisory Board has drawn up a rotation schedule in order to avoid, as far as possible, a situation in which Executive Board members retire at the same time. Mr. van Boxmeer was appointed in 2001 for an indefinite term and will be re-appointed for a period of four years as at 25 April 2013. A non-binding nomination will be submitted to the Annual General Meeting of Shareholders in this respect. Mr. Hooft Graafland was initially appointed for an indefinite term in 2002 and he was re-appointed in 2011 for a period of four years. Pursuant to the Act on Management and Supervision, the Supervisory Board shall pursue that on the Executive Board at least 30 per cent of the seats shall be held by men and at least 30 per cent by women. Currently, there are no female members on the Executive Board. With reference thereto, a global Diversity and Inclusion initiative targets to fill HEINEKEN's talent pipeline with diversity through a variety of activities in order to ensure and monitor egual opportunities in recruitment, career development, promotion, training and reward for all employees. Furthermore. HEINEKEN promotes the placement of women in non executive director and supervisory board positions through initiatives driven by the European Round Table and Professional Boards Forum. Remuneration In 2011 the Annual General Meeting of Shareholders approved the current remuneration policy for the Executive Board. For 2012 the policy remained unchanged. Details of the policy, the proposals and its implementation are described in the Remuneration Report. Appreciation The Supervisory Board wishes to express its gratitude to the members of the Executive Board and all H EINEKEN employees for their hard work and dedication in 2012. Supervisory Board Heineken N.V. Van Lede Fentener van Vlissingen Fernandez Carbajal Minnick Das Navarre deCarvalho AstaburuagaSanjinés De long Wijers Amsterdam. 12 February 2013 Heineken N.V. Annual Report 2012 59

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2012 | | pagina 61