0
49
To the Shareholders
Financial statements and
results appropriation
Supervisory Board composition,
independence and remuneration
Heineken N.V.
Annual Report 2020
Introduction
Report of the
Executive Board
Report of the
Supervisory Board
Financial
Statements
Sustainability
Review
Other
Information
During 2020, 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 2020, as prepared by the Executive Board and
approved by the Supervisory Board in its meeting of
10 February 2021.
Deloitte Accountants B.V. audited the financial
statements. Its report can be found on page 161 in the
Other Information section.
The Supervisory Board recommends that
shareholders, in accordance with the Articles of
Association, adopt these financial statements.
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 €0.70 per share of
€1.60 nominal value, amounting in total €403 million
for payment of dividend out of the equity reserves.
Due to the COVID-19 impact on HEINEKEN's
business and as announced on 22 April 2020, no
interim dividend was paid in 2020.
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 23 April 2020 re-appointed
Mrs. P. Mars Wright for a period of four years.
Supervisory Board composition
Nationality
Dutch
20%
v 1 Mexican
20%
British
10%
American
20%
1 Belgian
10%
German
20%
Supervisory Board composition
Gender
Male
60%
Female
40%
Supervisory Board composition
Tenure
0-4 years
40%
5-8 years
10%
9-12 years
30%
>12 years
20%