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Shareholder Information
Financial calendar in 2021 for both Heineken N.V. and Heineken Holding N.V.
Dividend policy
Contact Heineken N.V. and Heineken Holding N.V.
1 ^70 Heineken N.V.
Y! Z Annual Report 2020
Introduction
Report of the
Executive Board
Report of the
Supervisory Board
Financial
Statements
Sustainability
Review
Other
Information
Announcement of 2020 results
10 February
Publication of Annual Report 2020
19 February
Trading update first quarter 2021
21 April
Annual General Meeting of Shareholders
22 April
Quotation ex-final dividend 2020
26 April
Final dividend 2020 payable
6 May
Announcement of half year results 2021
2 August
Quotation ex-interim dividend 2021
4 August
Interim dividend 2021 payable
11 August
Trading update third quarter 2021
27 October
The dividend policy of Heineken N.V. intends to preserve the independence of the Company, to maintain a
healthy financial structure and to retain sufficient earnings in order to grow the business both organically
and through acquisitions.
The dividend payments are related to the annual development of the net profit before exceptional items and
amortisation of brands (net profit beia), which translates in a dividend pay-out of 30-40%.
Dividends are paid in the form of an interim dividend and a final dividend. The interim dividend is
fixed at 40% of the total dividend of the previous year. Annual dividend proposals will remain subject to
shareholder approval.
As a matter of prudence in the volatile environment, HEINEKEN temporarily deviated from its dividend
policy in 2020 by not paying an interim dividend following its half year results in August 2020. However, in
compliance with its dividend policy, the recommended final dividend reflects a pay-out ratio between 30%-
40% of the full year net profit (beia).
Further information on Heineken N.V. and Heineken Holding N.V. is available from the Investor Relations
department, telephone 31 20 523 95 90 or by email: investors@heineken.com.
Further shareholder information is available on the Company's website:
www.theHEINEKENcompany.com/investors.
