41
To the Shareholders
During the year under review, the Supervisory Board performed its duties in accordance with primary and
secondary legislation and the Articles of Association of Heineken N.V. and supervised and advised the
Executive Board on an ongoing basis.
Financial statements and profit appropriation
Supervisory Board composition, independence and remuneration
Report of the
Report ofthe
Financial
Sustainability
Other
Introduction
Executive Board
Supervisory Board
Statements
Review
Information
Heineken N.V. Annual Report2017
The Supervisory Board hereby submits to the shareholders the financial statements and the report of the Executive Board for the financial year 2017,
as prepared by the Executive Board and approved by the Supervisory Board in its meeting of 9 February 2018. Deloitte Accountants BV. audited the
financial statements. Its report can be found on page 156 in the Other Information section.
The Supervisory Board recommends that shareholders, in accordance with the Articles of Association, adopt these financial statements and, as proposed
by the Executive Board, appropriate €838 million for payment of dividend. The underlying principle of the dividend policy isthat 30-40% of net
profit before exceptional items and amortisation of acquisition-related intangible assets (net profit beia) is placed at the disposal of shareholders for
distribution as dividend. The proposed dividend amounts to €1.47 per share of €1.60 nominal value, of which €0.54 was paid as an interim dividend on
10 August 2017.
Composition
The Supervisory Board consists of 10 members: Hans Wijers (Chairman), José Antonio Fernandez Carbajal (Vice-Chairman), Maarten Das,
Michel de Carvalho, Annemiek Fentener van Vlissingen, Christophe Navarre, Javier Astaburuaga Sanjinés, Jean Marc Huët, Pamela Mars Wright
and YoncaBrunini. The Annual General Meeting (AGM) on 20 April 2017 re-appointed Mr. Das and Mr. Navarre for a period of four years.
Mr. Scheffers stepped down as member of the Supervisory Board after the 2017 AGM.
Information on the Supervisory Board members is provided below.
Hans (G.J.) Wijers (1951)
Dutch nationality; male.
Appointed in 2012; Chairman (as of 2013); latest reappointment in 2016*
Profession: Company Director.
Supervisory board seats (or non-executive board memberships) in Large Dutch Entities**: ING Groep N.V.
Other positions***: Royal Dutch Shell plc (Deputy Chairman and Senior Independent Director); HAL Holding N.V.; Natuurmonumenten (Chairman);
Concertgebouw N.V. (Chairman).
José Antonio (J.A.) Fernandez Carbajal (1954)
Mexican nationality; male.
Appointed in 2010; latest reappointment in 2014*
Vice-Chairman (as of 2010).
Profession: Executive Chairman Fomento Económico Mexicano S.A.B. de C.V. (FEMSA).
Supervisory board seats (or non-executive board memberships) in Large Dutch Entities**: Heineken Holding N.V.
Other positions***: Coca-Cola Femsa S.A.B. de C.V. (Chairman); Tecnológico de Monterrey (Chairman); Fundación Femsa (Chairman); participates on
the Board of Industrias Penoles; founding member of the Mexican chapter ofthe Woodrow Wilson Center; Term Member of the MIT Corporation.
Maarten (M.) Das (1948)
Dutch nationality; male.
Appointed in 1994; latest reappointment in 2017*
Delegated Member (1995).
Profession: Lawyer.
Supervisory board seats (or non-executive board memberships) in Large Dutch Entities**: Heineken Holding N.V. (Chairman) and
Greenchoice BV. (Chairman).
Other positions***: LArche Green NV. (Chairman); Stichting Administratiekantoor Priores; L'Arche Holding B.V.; Greenfee BV. (Chairman).
