tiï O A Notes to the Consolidated Financial Statements (continued) - - Introduction Report of the Executive Board Report of the Supervisory Board As at 31 December 2018, Mr. J.F.M.L van Boxmeer held 259,149 Company shares and Mrs. L.M. Debroux held 28,159 Company shares (2017: Mr. J.F.M.L. van Boxmeer 240,695 and Mrs. L.M. Debroux 11,829). 2018 2017 J.F.M.L. van L.M. J.F.M.L. van L.M. In thousands of Boxmeer Debroux Total Boxmeer Debroux Total Fixed salary 1,250 735 1,985 1,200 720 1,920 Short-Term Incentive 2,730 1,147 3,877 2,736 1,173 3,909 Matching share entitlement 610 256 866 622 266 888 Long-Term Incentive 2,732 1,360 4,092 3,623 1,739 5,362 Pension contributions 873 145 1,018 858 142 1,000 Other emoluments 49 162 211 21 163 184 Total 8,244 3,805 12,049 9,060 4,203 13,263 The matching share entitlements for each year are based on the performance in that year. The Executive Board members receive 25% of their STV pay in (investment) shares. In addition they have the opportunity to indicate before year-end whether they wish to receive up to another 25% of their STI in (investment) shares. All (investment) shares are restricted for sale for five calendar years, after which they are matched 1:1 by (matching) shares. For 2018 the Executive Board members did not elect to receive additional (investment) shares, hence the 'Matching share entitlement' in the table above is based on a 25% investment. In 2017 the investment was 25% for both Executive Board members as well. From an accounting perspective the corresponding matching shares vest immediately and as such a fair value of €0.9 million was recognised in the 2018 income statement. The matching share entitlements are not dividend-bearing during the five calendar year holding period of the investment shares. Therefore, the fair value of the matching share entitlements has been adjusted for missed expected dividends by applying a discount based on the dividend policy and vesting period. Heineken N.V. Annual Report 2018! 110 Financial Statements Sustainability Review Other Information Supervisory Board The individual members of the Supervisory Board received the following remuneration: In thousands of 2018 2017 G.J. Wijers 163 160 J.A. Fernandez Carbajal 109 114 M. Das 85 85 M.R. de Carvalho 96 90 A.M. Fentener van Vlissingen1 43 85 V.C.O.B.J. Navarre 74 70 J.G. Astaburuaga Sanjinés 104 99 H. Scheffers2 40 J.M. Huët 86 82 P. Mars-Wright 103 95 Y. Dervijoglu 70 70 M Helmes3 62 995 990 1 Stepped down as at 19 April 2018. 2 Stepped down as at 20 April 2017. 3 Appointed as at 19 April 2018. Mr. Michel de Carvalho held 100,008 shares of Heineken NV as at 31 December 2018 (2017: 100,008 shares). As at 31 December 2018 and 2017, the Supervisory Board members did not hold any of the Company's bonds or option rights. Mr. Michel de Carvalho held 100,008 shares of Heineken Holding NV as at 31 December 2018 (2017: 100,008 ordinary shares). Heineken Holding N.V. In 2018, an amount of €1,393,537 (2017: €714,412) was paid to Heineken Holding NV for management services for HEINEKEN. This payment is based on an agreement of 1977 as amended in 2001, providing that Heineken NV reimburses Heineken Holding N.V. for its costs.

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2018 | | pagina 111