To the Shareholders (continued) Executive Board composition and remuneration Remuneration Appreciation O O Qs Report of the Executive Board Report of the Supervisory Board 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 reappointed for a period of four years in 2019. 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. The AGM approved the current remuneration policy for the Executive Board in 2011 and approved amendments in 2014 and 2017. Details of the policy and its implementation are described in the Remuneration Report. A revised remuneration policy is proposed for approval to the 2020 AGM, to comply with the Dutch law implementing the European Shareholders Rights Directive. 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 2019. Supervisory Board Heineken N.V. Huët Astaburuaga Sanjinés Fernandez Carbajal Mars Wright Das Helmes de Carvalho Ripley Navarre Arnold Amsterdam, 11 February 2020 Heineken N.V. Annual Report 2019 Heineken N.V. Annual Report 2019 Financial Statements Sustainability Review Other Information

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2019 | | pagina 53