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Disclaimer and Reference Information
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Introduction
The PDF, iXBRL viewer copy and the official ESEF reporting package of this Annual Report are available at:
www.theheinekencompany.com
Sustainability
Review
Other
Information
Financial
Statements
Report
of the
Supervisory
Board
Report
of the
Executive
Board
This report contains forward-looking statements based on current expectations and assumptions regarding the
financial and non-financial position of HEINEKEN’s activities, anticipated developments, and other factors and
HEINEKEN’s Brewing a Better World ambitions, which sets out amongst others emissions reduction ambitions
and other climate change related matters (including actions, potential impacts and risks associated therewith).
All statements other than statements of historical facts are or may be deemed to be, forward-looking
statements. Forward-looking statements also include, but are not limited to, statements and information in
HEINEKEN’s non-financial reporting, such as HEINEKEN’s Brewing a Better World ambitions, which sets out
amongst others emissions reduction and other climate change related matters (including actions, potential
impacts and risks associated therewith). These forward-looking statements are identified by their use of
interchangeable terms and phrases such as "aim”, "aims to”, “ambition”, "anticipate”, "believe”, "could”,
estimate, expect, goals, intend, is anticipated, is predicted, it is estimated, commit, committed to,
may mightmilestones objectives outlook plan potential probably projectresultrisks
"schedule”, "seek”, "should”, "target”, "will”, "will continue”, "will likely result”, or other similar expressions. All
forward-looking statements are subject to numerous assumptions, known and unknown risks and uncertainties,
and limits in data quality and integrity which may change over time, that could cause actual results to differ
materially from those expressed or implied in the forward-looking statements. These statements are out of
scope of assurance, in the sense that they are not guarantees of future performance.
One should not place undue reliance on these forward-looking statements since actual results may differ from
those stated in this report. Many of these risks and uncertainties relate to factors that are beyond HEINEKEN’s
ability to control or estimate precisely, such as but not limited to future market and economic conditions, the
behaviour of other market participants, climate change, other sustainability related factors, and legal, regulatory
or market measures in response to developments regarding such factors, including climate change mitigation
and adaptation, the cost and supply of water; water stress; financial distress; negative publicity; our ability to hire
and/or retain the best talent; our ability to find sustainable solutions for our input and output materials and
packaging; legal and regulatory developments, including changes in regulations relating to production,
distribution, importation, marketing, advertising, sales, pricing, labelling, packaging, product liability, antitrust,
labour, compliance and control systems, environmental issues and/or data privacy; changes or evolution in
measurement standards, modelling methodology and the level of data granularity, quality and integrity;
reputation of our brands; changes in consumer preferences; the ability to make acquisitions and/or divest
businesses; execution and effectiveness of business transformation projects; consequences of integrating
acquired businesses and/or divestment of divisions; economic, social and political risks and natural disasters;
costs of raw materials and other goods and services; access to capital and the actions of government regulators,
and weather conditions.
Although we endeavour to provide accurate and timely information, there can be no guarantee that such
information is accurate as of the date it is received or that it will continue to be accurate in the future, as this is
subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the
forward-looking statements and scenario analyses.
This report also contains data on HEINEKEN’s Scope 1,2 and 3 emissions. Scope 1 and 2 emissions relate to
emissions under HEINEKEN control from own activities and supplied heat, power and cooling. Scope 3 emissions
relate to indirect emissions from different organisations (suppliers, service providers, customers) and is therefore
subject to a range of uncertainties, amongst others due to various methodologies applied. International
standards and protocols governing emissions calculations and categorisations evolve, as do accepted norms
regarding terminology such as 'carbon neutral' and 'net zero'.
Any forward-looking statements made in this communication are qualified in their entirety by these cautionary
statements, and there can be no assurance that the actual results, targets, ambitions, goals, commitments, or
developments anticipated by HEINEKEN will be realized or, even if substantially realized, that they will have the
expected consequences to, or effects on, HEINEKEN or its business or operations. Except as required by law,
HEINEKEN undertakes no obligation to publicly update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
A Heineken N.V. publication
Heineken N.V.P.O. Box 28 1000 AA Amsterdam The Netherlands
Graphic design and electronic publishing
Radley Yeldar:
www.ry.com
The PDF and iXBRL viewer copy of the Annual Report of Heineken N.V. for the year 2023 is not in the ESEF-
format as specified by the European Commission in Regulatory Technical Standard on ESEF (Regulation (EU)
2019/815). The ESEF reporting package is available at http://www.theheinekencompany.com/
investors/results-reports-webcasts-and-presentations.
Production and editing
Heineken N.V. Global Corporate Affairs
Photography
Sander Stoepker page 7
Text
HEINEKEN
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N.V.
Annual
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2023
