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We will also conduct a central review to assess the extent and quality of the oversight performed and the consistency of the Human Rights Policy implementation across all operating companies.

Our incentive compensation plans provide that the value of the shares delivered or attested to, or withheld, be based on the price of our common stock on the date the relevant transaction occurs.

(a) Primarily includes other receivables net of reserves, prepaid assets, net deferred tax assets, tax credit investments, right-of-use lease assets and investments in non-consolidated entities.

The Group evaluates uncertain items, where the tax judgement is subject to interpretation and remains to be agreed with the relevant tax authority.

This is the purpose of our Foundation which guides our day-to-day decisions, actions, engagements and governance.

We are expanding and enhancing our strong market positions with assertive commercial strategies, disciplined cost management, and capital efficiency to ensure we deliver balanced and profitable growth.

To continue to lead the debate, we are committing reaching 1 billion consumers through responsible consumption campaigns.

Chaired by the Chief Privacy Officer, the Privacy Risk Management Committee, a sub committee of the ORMC, provides oversight and governance for our privacy program.

In addition, the integrity and security of the IT systems are vital from a commercial standpoint as well as to ensuring a robust control environment.

Challenges raised The Committee considered the advice received and challenged the appropriateness of the conclusions reached by management on key tax and gaming duty matters.

As of December 15, 2024, which gives us the right to sell up to $3.0 billion face amount of eligible AAA notes from the the firm Issuance Trust II (the Charge Trust).

Pre-assigned target audience: the training is mandatory for employees in certain functions, such as Management teams, Sales and Distribution, Procurement, Finance, Corporate Affairs, Legal, Customer Service and Logistics and other employees who interact with public officials or manage relations with third parties who interact with public officials on our behalf.

Transparency is key to progress and we strive for continuous improvement in our performance, data quality and reporting.

Depending on circumstances, Internal Audit may act together with the firm’s Integrity Investigations and Monitoring department, which is part of the firm’s integrity function.

In addition, each director has a statutory duty to disclose actual or potential conflicts of interest.

Recent developments Stakeholder expectations, including those of employees, towards companies, their Environmental, Social and Governance (ESG) strategies and performance, is on the rise.

We generally issue new common shares upon exercise of options and vesting of RSUs.

We continue to develop it in line with new methodologies, availability of better data sources and alignment with industry best practice.

Our code of conduct explicitly prohibits engaging in bribery or corruption in any form.

We discussed the political and economic consequences of the crisis in Ukraine at the Supervisory Board meeting we held on 9 March 2022.

the firm's calculation scope and principles are compared to the requirements of three additional relevant protocols; the GHG protocol Product standard, the GHG protocol Corporate Standard (scope standard (scope 3).

Where an individual is appointed to the Executive Board through internal promotion or following a corporate transaction (e.g. an acquisition), the Board retains the ability to honour any legally binding legacy arrangements agreed prior to the appointment.

This action was intended to promote consistency for all insured depository institutions while the agencies continue their ongoing work to modernize the CRA framework on an interagency basis.

Other share-based compensation plans  Under the Extraordinary share plans for senior management, in and 17,878 (gross) shares vested.

We are boosting an intentional and scaled approach to capability building by identifying and developing our key Company-wide strategic capabilities and harmonising our capability framework across the organisation.

Brew a Better World remains our foundation and our framework for working with others.

Organisation For the organisation of risk management activities, the firm applies a ‘three lines of defence’ model.

The Divisions are fully accountable for their performance and the divisional targets are aligned with their strategic mandate of stability, profitability before growth.

The levels of the benefits will be competitive in the relevant local market and could be changed year on year.

Community and social vitality Total tax paid The total global tax borne by the company, including corporate income taxes, property taxes, non-creditable VAT and other sales taxes, employer-paid payroll taxes, and other taxes that constitute costs to the company, by category of taxes.

the firm is not subject to externally imposed capital requirements other than the legal reserves.

The Group has identified its operating segments based on the internal reports that are reviewed and used by the board of directors (chief operating decision makers) in assessing performance and in determining the allocation of resources.

We have an extremely low to zero tolerance when complying with laws and regulations that relate to bribery, corruption and anti-money laundering.

We regularly seek to extend or renew cobrand arrangements in advance of the end of the contract term and face the risk that existing relationships will be renegotiated with less favorable terms for us or that we may be unable to renegotiate on terms that are acceptable to us, as competition for such relationships continues to increase.

Explore further: Become the best connected brewer, pages Non-compliance What could happen? Changes in the legal and regulatory environment tend to increase the risk of non-compliance with local and global laws and regulations.

The Divisions have the best insights into current and future customer needs and are accountable for building their respective business accordingly.

• Group operations risk committee – for health, safety, security, environment and operations integrity risks.

Other legal reserves  These reserves relate to the share of profit of joint ventures and associates over the distribution of which the firm does not have control.

Grow leadership capacity to develop worldclass safety culture and performance  Our safety strategy focuses on our highest risks – namely road safety and driving, contractor safety and safety leadership.

Audit Committee Composition: Mrs. Helmes (Chairperson), Mr. Huët, Mr. Astaburuaga Sanjinés and Mrs. Arnold.

The rule would, among other things, establish new emission standards for oxides of nitrogen (NOx) and other pollutants for highway heavy-duty engines and the Biden administration is expected to modify and continue this proposed rulemaking.

We have sought to address the concerns raised about annual bonus disclosure and have committed to review and bring into line with investor expectations the annual bonus deferral structure as part of a wider remuneration review following closure of the acquisition of the non-US William Hill business.

Although COVID-19 crisis, optimism prevailed on international stock markets.

Following various de-risking activities that took place in strategic mix of assets comprises 30% of plan assets in liability-driven investments, 26.5% in corporate bonds, 15% in higher-yielding credit, 15% in private markets, 7.5% in long lease property and 6% in equities.

The rotation schedule is available on our corporate website.

In addition, we maintain cyber crisis response procedures and regularly test our procedures to remain prepared and reduce the risk of harm to our business operations, customers and third parties in the event of an information or cyber security incident.

Returnable packaging deposit liability  In certain markets, the firm has the legal or constructive obligation to take back the materials from the market.

Rebates provided to customers under these arrangements are accounted for as variable consideration, and recognised as a reduction in revenue, for which unsettled amounts are accrued.

Total dividend for The the firm N.V. dividend policy is to pay a ratio of 30% to 40% of full year net profit (beia).

PRINCIPAL ACCOUNTANT FEES AND SERVICES

the firm has a policy in place in respect of compliance with Anti-Money Laundering Laws.

Shares counting towards this guideline include legally owned shares and fully vested but unexercised nil-cost options (valued on a net of tax basis).

Accumulated costs in relation to an abandoned area are written off in full against profit or loss in which the decision to abandon the area is made.

The launch of EverGreen has been a milestone for the firm and an exciting kick start to what will be a long-term effort to strengthen our culture together.

> Refusing to tolerate bribery or any other form of corruption.

California has also adopted a “Heavy-Duty Low NOx Omnibus Regulation” which will require manufacturers to comply with stricter emissions standards and at least one state has opted into those California standards.

Impacting decisions Multi-stakeholder engagement can influence our local decision-making as well.

Acceptance of such external supervisory board memberships or non-executive directorships by members of the Executive Board is subject to approval by the Supervisory Board, which has delegated this authority to the Selection & Appointment Committee.

A reappointment of Mr. Fernández Carbajal for a period of four years is a deviation of best practice provision Code, it is however deemed to be in line with the profile of the Supervisory Board and a reflection of FEMSA’s involvement as a long-term shareholder of the Company.

According to our standards, these local operations are requested to regularly verify that their processes operate within the legal and contractual boundaries required.

In November, we announced our intent to acquire control of Distell and NBL.

– the firm’s governance, risk and compliance (GRC) activities, including the the firm Company Rules and the the firm Code of Business Conduct.

This process includes identifying Environmental, Social and Governance (ESG) risks.

Through the summer, strong competition for LNG supply as well as constraints from Russian pipeline gas supplies tightened the market and prevented stocks from being replenished.

Stamp duty and stamp duty reserve tax are generally the liability of the purchaser.

Statements of competitive position, growth rates and sales In this Annual Report, except as otherwise stated, market information regarding the position of our business or products relative to its or their competition is based upon published statistical sales data for the months ended 30 September 2021 obtained from IQVIA, a leading supplier of statistical data to the pharmaceutical industry.

– Region follows the managerial reporting structure in our segment reporting (refer to note Operating segments in the financial statements).

Foreign operations  The assets and liabilities of foreign operations, including goodwill and fair value adjustments arising on acquisition, and of intercompany loans with a permanent nature (quasi-equity) are translated to Euro at the exchange rates at the reporting date.

This revised code requires Dutch stock-listed companies to consider pay ratios between Executive Board members and other employees within the Company when formulating the remuneration policy for the Executive Board, and to disclose these ratios in the Remuneration Report every year.

Also, we are not responsible for the prevention and detection of fraud and non-compliance with all laws and regulations.

Fees for other audit services include a review of interim financial statements, sustainability, subsidy and other audits.

Executive Board composition and remuneration Composition Best practice provision that an Executive Board member is appointed for a period of four years and that a member may be reappointed for a term of not more than four years at a time.

Shares issued are converted into US$ at the exchange rate prevailing on the date of issue.

Conflicts of interest The Articles enable the Directors to authorise any situation in which a Director has an interest that conflicts or has the potential to conflict with the Company’s interests and which would otherwise be a breach of the Director’s duty, under Section Companies Act 2006.

Designed for commercial fleets, heavy-duty vehicles as well as electric cars, it is capable of charging up to four vehicles at a time.

Current tax liabilities (assets) are measured at the amounts expected to be paid to (recovered from) the relevant taxation authority using tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

The outcome of the annual Letter of Representation process and the report from the Integrity Committee related to fraud reporting and Speak Up policy.

Enforcement actions may be taken against us if our incentive compensation arrangements or related risk-management control or governance processes are determined to pose a risk to our safety and soundness, and we have not taken prompt and effective measures to correct the deficiencies.

Provided that any instrument of transfer is not executed in the UK and remains at all times outside the UK and the transfer does not relate to any matter or thing done or to be done in the UK, no UK stamp duty is payable on the acquisition or transfer of ADSs.

Estimates are also applied when determining the fair value of legal cases and tax positions in the acquired entity.

The absence of an established practice on which to draw, to evaluate and measure non-financial information allows for different, but acceptable, measurement techniques and can affect comparability between entities and over time.

Summerfield INDEPENDENT NONEXECUTIVE DIRECTOR AND CHAIR OF AUDIT COMMITTEE Mark worked as a Chartered Accountant for KPMG in the UK and US for 29 years, 18 as a partner.

We view protecting our reputation for excellent customer service, trust, security and high integrity as core to our vision of providing the world’s best customer experience and fundamental to our long-term success.

These KPIs allow us to assess our progress against the Group’s strategy and help inform decision making.

1 Almost 18,000 of our employees received anti-bribery training in 2021.

Any new requirements may restrict our ability to issue cards or partner with other financial institutions, which could adversely affect our revenue growth.

Consequently, the firm obtained control over RRL and its subsidiary Rampion Offshore Wind Limited, in which RRL holds a 50.1 % stake.

To ensure we are on the right path to achieving this, we have committed to a 2030.

Immunology In the second half of approved in the US for the treatment of adult patients with moderate to severe SLE who are receiving standard therapy.

In addition, the Chairperson of the Audit Committee and the Executive Director Global Audit held regular update meetings during the year.

We further involved a forensic specialist, evaluated integrity committee reports (which include the Company's Speak Up reports) and material litigation reports.

Compliance with the Code On which came into effect on 1 January 2017.

> Lynparza in combination with standard-ofcare abiraterone demonstrated a statistically significant and clinically meaningful improvement in radiographic progression-free survival versus abiraterone alone as a with metastatic castration-resistant prostate cancer with or without homologous recombination repair (HRR) gene mutations in the PROpel Phase III trial.

Corporate purpose should create value for all stakeholders, including shareholders.

This report also includes the information that the Company is required to disclose pursuant to the Dutch governmental decree on Article Directive and the governmental decree on Corporate Governance.

Proliferation of the digital channel within the last few years has encouraged the entry of many new competitors and an increase in competition from established companies.

The amount we pay to our cobrand partners has increased, particularly in the United States, and may continue to increase as arrangements are renegotiated due to increasingly intense competition for cobrand partners among card issuers and networks.

Reputation management is of utmost importance to the firm.

Our intelligence, security and crisis management teams provide strategic and operational risk management to our businesses through a network of regional security managers who provide front line risk management as well as conduct assurance activities through a team independent of the business.

Evidence of the climate crisis is all around us and the science is clear – we must act now to dramatically reduce long-term devastating impacts on our planet's climate, biodiversity, water and natural resources.