JxLMale
O O Qs
To the Shareholders
Report of the Supervisory Board
Financial statements and
profit appropriation
Supervisory Board composition,
independence and remuneration
Nationality
Introduction Report of the Executive Board
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.
The Supervisory Board hereby submits to the
shareholders the financial statements and the
report of the Executive Board for the financial year
2019, as prepared by the Executive Board and
approved by the Supervisory Board in its meeting
of 11 February 2020. Deloitte Accountants B.V.
audited the financial statements. Its report can be
found on page 159 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 €967 million for payment of dividend.
The underlying principle of the dividend policy
is that 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 €1.68 per share
of €1.60 nominal value, of which €0.64 was paid as
an interim dividend on 8 August 2019.
Composition
The Supervisory Board consists of 10 members:
Jean-Marc Huët (Chairman), José Antonio
Fernandez Carbajal (Vice-Chairman), Maarten
Das, Michel de Carvalho, Christophe Navarre,
Javier Astaburuaga Sanjinés, Pamela Mars Wright,
Marion Helmes, Rosemary Ripley and Helen Arnold.
The General Meeting at the Annual General
Meeting of Shareholders (AGM) on 25 April 2019
(re-)appointed Mr. de Carvalho, Mrs. Ripley and
Mrs. Arnold for a period of four years. Mr. Wijers and
Ms. Dervijoglu stepped down as member of the
Supervisory Board after the 2019 AGM.
Heineken N.V. Annual Report 2019
Financial Statements Sustainability Review Other Information
Supervisory Board composition
w Dutch
20%
v 1 Mexican
20%
4 British
10%
r= American
20%
4 1 Belgian
10%
German
20%
Supervisory Board composition
Gender
60%
Female
40%
Supervisory Board composition
Tenure
0-4 years
50%
5-8 years
10%
9-12 years
20%
>12 years
20%
