Introduction

The website www.merchantafrica.com ("hereafter Website") is made available by Heineken N.V., Tweede Weteringplantsoen 21, 1017 ZD Amsterdam, the Netherlands (hereafter "HEINEKEN"). These terms and conditions together with our Privacy and Cookie Policy that is available on "Terms", govern your use of the Website"

HEINEKEN notes that these Terms and Conditions may be changed over time. Users of the website are advised to regularly read the Terms and Conditions for possible changes. If you do not agree to these Terms and Conditions, please do not use this Website.

These Terms and Conditions were last changed on August 2017.

Allowed use of materials

You can use the Website only for purposes in line with these Terms. You are permitted to browse this website and to reproduce quotes of and references to information offered by HEINEKEN for that purpose on this website by way of printing, downloading to a hard disk and by distributing electronic and printed copies of such quotes and references to other people provided this is done for journalistic or non-commercial and personal purposes only. Quotes or references may not be made out of context or without including a full reference to the source material.

HEINEKEN explicitly reserves the right to withdraw this permission for use in its sole discretion by publishing this on this website and/or by written notice to anyone using any materials published on this website.

Content

HEINEKEN PROVIDES THIS WEBSITE "AS IS, WHERE IS AND AS AVAILABLE."

The information on the website is for general information purposes only and does not constitute advice. HEINEKEN will reasonably keep the information on this website and its contents correct and up to date but does not guarantee that the website and/or the information is free of errors, defects, malware and viruses or that the website and/or information is correct, up to date and accurate.

HEINEKEN SHALL NOT BE RESPONSIBLE OR LIABLE FOR ANY LOSS, DAMAGE OR COST, ARISING OUT OF YOUR USE OF THE WEBSITE (INCLUDING LIABILITY FOR DELAYS OR INACCURACIES IN THE TRANSMISSION OF INFORMATION), UNLESS SUCH DAMAGE IS A RESULT OF WILFUL MISCONDUCT OR GROSS NEGLIGENCE ON THE PART OF HEINEKEN OR ITS MANAGERIAL STAFF. IN ANY EVENT, HEINEKEN SHALL NOT BE LIABLE FOR ANY LOSS OF PROFITS, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL OR EXEMPLARY DAMAGES OF ANY KIND.

Disclaimer regarding financial information and investment decisions

No information on this website is intended as an invitation to invest in HEINEKEN or any of its affiliate companies. This website and its contents may contain forward-looking statements with regard to the financial position and results of HEINEKEN's activities. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements.

Many of these risks and uncertainties relate to factors that are beyond HEINEKEN's ability to control or estimate precisely, such as future market and economic conditions, the behavior of other market participants, the ability to successfully integrate acquired businesses and achieve anticipated synergies, costs of raw materials, interest rate and exchange rate fluctuations, changes in tax rates, changes in law, pension costs, changes in consumer preferences, the actions of government regulators and weather conditions.

These and other risk factors are detailed in HEINEKEN's publicly filed annual reports. You are cautioned not to place undue reliance on these forward-looking statements, which are only relevant as of the date of their presentation. HEINEKEN does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of these statements. Market share estimates contained on this website are based on outside sources, such as specialized research institutes, in combination with management estimates.

Linking to this website

Hyperlinks may be made to this website provided these link to the main page www.theHEINEKENcompany.com. Placing so called "deep links" or "inline links" directly to certain parts of this website is prohibited. A hyperlink may not be set up in such a way that an internet user views this website in the frame of another website. Visiting this website by automated means e.g. by using 'crawlers' or 'auto bots' in order to systematically retrieve information therefrom or to functionally link the content of this website to another website is not allowed without the written consent of HEINEKEN.

Linked websites

Although this website may provide links to other websites, HEINEKEN is not, directly or indirectly, implying any approval, association, sponsorship, endorsement or affiliation with the linked website, unless specifically stated otherwise. HEINEKEN is not in any way responsible or liable for the content of such websites. Deviating usage terms and conditions apply to linked websites.

Availability of products

HEINEKEN does not itself supply any products or services to customers. Reference to any product or service on the website does not constitute an offer to sell or supply that product or service. Specific advice concerning the availability and suitability of any particular product or service should be sought from the local HEINEKEN affiliate or distributor concerned.

Articles of Association Statement

We offer the Articles of Association of Heineken N.V. and Heineken Holding N.V. for informational purposes. The Dutch printed version of the Articles of Association, as deposited at the Trade Register of the Chamber of Commerce of Amsterdam, is the only legally binding version.

Speeches Statement

Although we try to accurately reflect speeches given by various representatives of HEINEKEN and its subsidiaries, the actual speech as it was delivered may deviate from the speech texts made available on this website.

Applicable Law and Jurisdiction

These Terms and Conditions shall be exclusively governed by Dutch law. If you use this website from outside the Netherlands you are responsible for compliance with any and all applicable local laws. HEINEKEN makes no representation that the materials contained within this website are appropriate for countries outside the Netherlands.

All disputes arising in connection with these Terms and Conditions, including disputes concerning the existence and validity thereof, shall be resolved by the competent courts of Amsterdam.

Intellectual Property

All trademarks, service marks and trade names on this Website are proprietary to HEINEKEN and affiliated companies. The logos, designs, advertisements and images described and/or displayed on this Website may be the subject of other intellectual propriety rights owned by HEINEKEN, its affiliated companies or other third party. No license is granted with respect to these intellectual property rights. This Website and all of its Content and the selection and arrangement thereof, is protected as a compilation under the applicable copyright laws.