Corporate Governance

The Heineken Group endorses the principles of the Dutch Corporate Governance Code of 9 December 2003. The structure of the Heineken Group - and specifically the relationship between Heineken Holding N.V. and Heineken N.V. makes that the application of the Code is different for both entities.
 
Heineken N.V. applies virtually all best practice provisions. As mentioned above, the structure of the Heineken Group prevents Heineken N.V. from applying a small number of best practice provisions. In a separate enclosure of the annual report over 2004, a detailed overview is given on how Heineken N.V. applies the Dutch Corporate Governance Code: the Comply or Explain report.

For information about the application of the Dutch Corporate Governance Code at Heineken Holding N.V. you can read the paragraph regarding the Code of the annual report of Heineken Holding N.V.:
Comply or Explain Corporate Governance Heineken Holding English.

On this website you will find information about the ownership structure of the company, the regulations for the Supervisory Board and other information relating to the Dutch Corporate Governance Code.

For information on Heineken N.V. and Heineken Holding N.V. you can also obtain information on www.kvk.nl and www.afm.nl.