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Introduction Report of the Executive Board Report of the Supervisory Board
This Annual Report contains forward-looking statements with regard to the financial position and results of
HEINEKEN's activities. These forward-looking statements are subject to risks and uncertainties that could
cause actual results to differ materially from those expressed in the forward-looking statements. Many of
these risks and uncertainties relate to factors that are beyond HEINEKEN's ability to control or estimate
precisely, such as future market and economic conditions, the behaviour of other market participants,
changes in consumer preferences, the ability to successfully integrate acquired businesses and achieve
anticipated synergies, costs of raw materials, interest-rate and exchange-rate fluctuations, changes in
tax rates, changes in law, changes in pension costs, the actions of government regulators and weather
conditions. These and other risk factors are detailed in this Annual Report.
You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of
the date of this Annual Report.
HEINEKEN does not undertake any obligation to update the forward-looking statements contained in this
Annual Report. Market share estimates contained in this Annual Report are based on outside sources, such
as specialised research institutes, in combination with management estimates.
Financial Statements
Heineken N.V. Annual Report 2018
Sustainability Review
Other Information
A Heineken N.V. publication
Heineken N.V.
P.O. Box 28 1000 AA Amsterdam
The Netherlands
Telephone: +31 20 523 92 39
Fax: +31 20 626 35 03
The full Annual Report can
be downloaded as a PDF at:
www.theHEINEKENcompany.com
Production and editing
Heineken N.V. Global Corporate Affairs
HEINEKEN
Photography
Sander Stoepker (page 7)
Radley Yeldar: www.ry.com
