Last Refreshed: 12/22/2024 11:36:40 AM

We published our Q3 2024 results on November 6, 2024

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Governance

Last Refreshed: 12/22/2024 11:36:40 AM

Corporate governance structure

We have designed our corporate governance structure to best support our business, meet the needs of our stakeholders and comply with laws and regulations. Koninklijke Ahold Delhaize N.V. (“the Company” or “Ahold Delhaize”) is a public company under Dutch law, structured to execute our strategy and to balance local, regional and global decision-making. In 2020, our Company comprised a Global Support Office and two reportable segments: The United States of America and Europe, each of which are made up of a number of local brands. Ahold Delhaize has a two-tier board structure with a Supervisory Board and Management Board that are accountable to our shareholders. Our Management Board has ultimate responsibility for the overall management of Ahold Delhaize. The Supervisory Board supervises and advises the Management Board.

The Executive Committee comprises our Management Board and other key officers of the Company, led by the Chief Executive Officer. The Executive Committee has been established to involve a broader leadership team in the decision-making process and to optimize strategic alignment and operational execution while having the flexibility to adapt to developments in the business and across the Company and the industry.

A list of subsidiaries, joint ventures and associates is included in our Annual Report.

Documentation

The following governance documents detail how our corporate governance is structured and the principles upon which we operate. 

How we do business legally, fairly and responsibly

At Ahold Delhaize, our shared values support an ethical culture and are the foundation of our commitment to conduct our business by doing what’s right, every day.

Code of Ethics

How we support associates to raise concerns anonymously

Speak Up! Ahold Delhaize and each of its local brands are committed to conducting business in an ethically responsible manner that is based on integrity and in compliance with all applicable external laws and regulations.

To support this commitment, Ahold Delhaize and the local brands maintain resources, including a reporting line (the “Speak Up Line”) which can be used to report potential misconduct or to get additional guidance regarding ethical or compliance issues.

If you would like to raise a concern, you can contact Ahold Delhaize or our local brands. Available 24 hours a day 7 days a week.

Whistleblower policy Speakup

How we engage with Public Policy Makers

Ahold Delhaize and our brands have to adhere to our internal policy when conducting any political activity or outreach.

Guidelines for engaging with Public Policy Makers

How we disclose information on trading our stock and other securities

According to Dutch law, members of the Supervisory Board and the Management Board must notify the Dutch Authority Financial Markets (Authoriteit Financiële Markten) of any transactions in Ahold Delhaize securities concluded by or on behalf of them.

The current number of Ahold Delhaize securities held by the members of the Supervisory Board and the Management Board can be found in the public register of the Dutch Authority Financial Markets.

Our Supervisory Board, Management Board and Executive Committee are bound to Ahold Delhaize policy on inside information and securities trading.

Inside Information And Securities Trading Policy

How we compensate our Management Board and Supervisory Board

Our Remuneration Policies for the Management Board and Supervisory Board are prepared in accordance with the Dutch Corporate Governance Code.

Remuneration Policy Management Board Remuneration Policy Supervisory Board

How we share information with investors, shareholders and analysts

We announce company performance results and prospects at events, conference calls and press conferences.

Policy on communications and bilateral contacts with shareholders

How we engage with our stakeholders on the sustainability aspects of the Company's strategy

This policy defines a framework for dialogue with relevant stakeholders to ensure that, when determining the sustainability aspects of the strategy of KAD, the interests of its stakeholders are considered.

Policy on stakeholder engagement H&S stakeholder engagement guidelines

Membership contributions

Ahold Delhaize and its brands collaborate with a number of retail sector associations and trade organizations across all operating markets. These organizations support Ahold Delhaize and its brands in their representation efforts, taking positive (societal) initiatives, defining policy positions and providing useful information to policy-makers. In 2023, total membership fees amounted to approximately EUR 4.05 million.

The contributions to such associations in the years since 2017 can be categorized as follows:

Consistent with our global anti-corruption and bribery policies, Ahold Delhaize does not make any contributions or charitable donations that could act as means of bribery and corruption.

Largest expenditures in 2023: