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To the Shareholders (continued)
Executive Board composition and remuneration
Report of the
Report of the
Financial
Sustainability
Other
Introduction
Executive Board
Supervisory Board
Statements
Review
Information
Heineken N.V. Annual Report 2017
Composition
Best practice provision 2.2.1 of the Code 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. Jean-Franqois van Boxmeer was initially appointed for an indefinite term in 2001 and was reappointed for a period of four years in 2017.
Mrs. Laurence Debroux was appointed in 2015 for a period of four years.
Pursuant to Dutch law, the Supervisory Board shall pursue that on the Executive Board at least 30% of the seats shall be held by men and at least 30%
by women. The current composition of the Executive Board is compliant with this target. HEINEKEN also strives to appoint a well-balanced mix of men
and women to its senior management. We note that there may be various pragmatic reasons - such as other relevant selection criteria and the
availability of suitable candidates -that could play a complicating role in achieving a well-balanced mix of men and women to its senior
management, at least in the short term.
Remuneration
TheAGM approved the current remuneration policy forthe Executive Board in 2011 and 2014, respectively. Details of the policy 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 HEINEKEN employees for their hard work and
dedication in 2017.
Supervisory Board Heineken N.V,
Wijers Fentenervan Vlissingen
Fernandez Carbajal Huët
Das Astaburuaga Sanjinés
de Carvalho Mars Wright
NavarreBrunini
Amsterdam, 9 February 2018
Heineken N.V. Annual Report 2017