Appropriation of profit

Appropriation of profit

Article 12, paragraph 7, of the Articles of Association stipulates:

“Of the profits, payment shall first be made, if possible, of a dividend of six per cent of the issued part of the authorised share capital. The amount remaining shall be at the disposal of the General Meeting of Shareholders.”

It is proposed to appropriate the entire profit of €209 million, as well as €95 million of the retained earnings for payment of dividend.

Civil code

Heineken N.V. is not a ‘structuurvennootschap’ within the meaning of Sections 152-164 of the Netherlands Civil Code. Heineken Holding N.V., a company listed on Euronext Amsterdam, holds 50.005 per cent of the issued shares of Heineken N.V.

Authorised capital

The Company’s authorised capital amounts to €2.5 billion.