Heineken Malaysia Berhad (“HEINEKEN Malaysia” or “the Company”) wishes to announce that the Company will be seeking shareholders’ approval for the following proposals at the forthcoming 54th Annual General Meeting ("AGM") of the Company to be convened on a date to be announced later:

1. Proposed Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature

The Company had, at its 53rd AGM held on 13 April 2017, obtained a general mandate for the HEINEKEN Malaysia Group to enter into Recurrent Related Party Transactions from time to time. The authority conferred pursuant to  the mandate will however lapse at the conclusion of the forthcoming AGM (i.e. 54th AGM) unless authority for its renewal is obtained from the shareholders of the Company at the 54th AGM.

The Recurrent Related Party Transactions are necessary for HEINEKEN Malaysia Group’s day-to-day operations and they are carried out in the ordinary course of business based on normal commercial terms which are not more favourable to the related parties than those generally available to the public and are not detrimental to the minority shareholders of the Company.

2. Proposed Adoption of a New Constitution

The Company proposes to update its Constitution by incorporating relevant changes or provisions introduced under the Companies, Act 2016 which came into force on 31 January 2017 and the updated provisions of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

Given the amendments required to be made are numerous and would entail substantial amendment to the existing Constitution of the Company, the Board of Directors proposes that a new Constitution to be adopted to replace the existing Constitution.

(collective referred to as “the Proposals”).

A Circular containing the details of the Proposals will be despatched to the shareholders of the Company in due course.

This announcement is dated 28 March 2018.