The Heineken Pension Fund (HPF) is shocked by Russia’s invasion of Ukraine. It is a human tragedy of enormous magnitude, with families broken and displaced, with many injured and even loss of life. Senseless, criminal and a blatant violation of human rights. Our thoughts are with all the people who have been affected.
With regard to our investment portfolio, we can report that our allocation to Russian investments is minimal (less than 0.5% of our total assets). These investments do not involve the sanctioned companies or banks that are excluded from SWIFT.
The HPF is considering these investments and will of course closely monitor developments.
The pension fund is managed by a board. The board consists of eight board members, two on behalf of the pensioners. The representatives of pensioners are elected by the pensioners. As of November 1, 2025, there will be a vacancy on behalf of the pensioners on the board, this concerns also the key function holder for risk management.
The first half of 2025 is over and we would like to look back on the year 2024 with you. In our Annual Overview 2024, we have outlined the most important facts and figures.
As of January 1, 2026, we will probably switch to the new pension scheme. We have listed what will happen to pensions at HEINEKEN as of January 1, 2026.