HEINEKEN HOLDING N.V. REPORTS 2025 FULL YEAR RESULTS

Well-balanced performance in challenging market conditions

Heineken Holding N.V. engages in no activities other than its participating interest in Heineken N.V. and the management or supervision of and provision of services to that company.

The net result of Heineken Holding N.V.'s participating interest in Heineken N.V. for 2025 amounts to €952 million.

Distribution of excess share buyback proceeds of circa €0.16 per outstanding share to be approved by the General meeting of Shareholders of Heineken Holding N.V.

Unless stated otherwise, all comments and figures in this announcement refer to BEIA metrics, and growth % or bps indicate organic growth, except for Diluted EPS (beia) which is calculated on a constant currency basis.

Growth: Quality volume and mix with market share gains in subdued market conditions

Profitability: Strong productivity gains enabling margin expansion

Capital Efficiency: Another year of solid cash flow generation, with improved ROIC

2026: Accelerating the disciplined execution of EverGreen 2030, integrating FIFCO

Annual Report 2025

Today we published our Heineken Holding N.V. Annual Report, you can access the full report here: https://www.heinekenholding.com/investors/results-reports-webcasts-presentations

ENQUIRIES

CONFERENCE CALL DETAILS

HEINEKEN will host an analyst and investor video webcast about its 2025 FY results today, 11 February 2026, at 10:00 CET/ 09:00 GMT/ 04:00 EST. The live video webcast will be accessible via the company’s website: 
https://www.theheinekencompany.com/investors/results-reports-webcasts-and-presentations.

An audio replay service will also be made available after the webcast at the above web address. Analysts and investors can dial-in using the following telephone numbers:

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