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Remuneration Report (continued)
ad (7) - Pension cost
ad (8) - Extraordinary share grants: number of shares vesting
ad (9) - Extraordinary share grants: value of shares vesting
ad (10) - Other emoluments
Report of the
Report of the
Financial
Sustainability
Other
Introduction
Executive Board
Supervisory Board
Statements
Review
Information
Heineken N.V. Annual Report 2017
The pension costs involve the employer contributions paid in the Capital Creation Plan as well as the employer contributions to the risk insurances for
death and disability.
The table below provides an overview of the Extraordinary share awards and the Retention share award that have vested prior to 2017 but are still
blocked as of 31 December 2017; there are no such awards to members of the Executive Board that are still unvested orthat vested in, or at year-
end, 2017. The Retention share award to Mr. Van Boxmeer vested in April 2015; afurtherthree-year holding period applies to this share award. The
Extraordinary share award to Mr. Van Boxmeer vested at grant in 2013; to this share award a five-year holding period applies as from grant. The
Extraordinary share awards to Mrs. Debroux vested in 2015 and 2016, yet are blocked for five years from the moment of grant, i.e. until 24 April 2020.
Value of shares Value of unvested
No. of shares conditionally No. of shares or blocked shares
of the granted1 granted as vesting on the End of blocking as of 31.12.20173
Award Grantdate in€ grantdate Vestingdate vestingdate2 period in€
Van Boxmeer Extraordinary 26.04.2013 45,893 2,520,000 26.04.2013 24,373 26.04.2018 2,118,745
share award
Retention 26.04.2013 27,317 1,5 00,00 0 26.04.2015 2 7,317 26.04.2018 2,374,667
share award
Debroux Extraordinary 24.04.2015 1,000 73,640 24.04.2015 681 24.04.2020 59,199
share award
Extraordinary 24.04.2015 1,000 73,640 24.04.2016 675 24.04.2020 58,678
share award
1 The 'Number of shares granted' refers to the grant in before-tax terms (i.e. before tax withholding).
2 As the table reveals, income tax has been withheld from the Extraordinary share awards themselves; the Retention share award to Mr. Van Boxmeer has vested 'gross', i.e. withholding tax has been withheld and paid from
other sources than the share award itself.
3 The value of the share awards is based on the'Number of shares vesting on the vesting date' against the share price as of 31 December 2017 of €86.93.
There are no such awards to members of the Executive Board that vested in, or at year-end, 2017.
The amount for Mr. Van Boxmeer involves his car benefit-in-kind. The amount for Mrs. Debroux involves housing allowance (grossed-up), schooling cost
for her children, and car benefit-in-kind.
