Heineken Malaysia Berhad (“HEINEKEN Malaysia” or “the Company”) wishes to announce that the Company will be seeking shareholders’ approval for the Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature at the forthcoming 55th Annual General Meeting ("AGM") of the Company to be convened on a date to be announced later.

The Company had, at its 54th AGM held on 11 May 2018, 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. 55th 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.

A Circular containing the details of the Proposed Shareholders' Mandate will be despatched to the shareholders of the Company in due course.

This announcement is dated 5 April 2019.