Corporate governance
Koninklijke Ahold N.V. is the parent company of the Ahold group. It was founded in
1887 and incorporated as a limited liability company under Dutch law on April 29,
1920. Our shares or depositary shares are listed on Euronext Amsterdam, the NYSE
and the Zürich Stock Exchange. For a list of our significant subsidiaries, see Note 38
to our consolidated financial statements included in this annual report.
GSO
Support Staff
Ahold
Leadership Team
General Meeting of Shareholders
Supervisory Board
Corporate Executive Board
Audit Committee
Remuneration Committee
Selection and Appointment Committee
As a Dutch listed company we are required to comply with
the Dutch Corporate Governance Code of December 9, 2003
(the "Dutch Corporate Governance Code") either by applying
its provisions or explaining why we deviate from any
provision. Our shareholders gave their consent to all the
proposed changes aimed at compliance with the Dutch
Corporate Governance Code during an Extraordinary General
Meeting of Shareholders on March 3, 2004. As a result of
our listing on the NYSE we are required to comply with
applicable U.S. securities regulations and the listing
standards of the NYSE to the extent they apply to non-U.S.
companies. As a Dutch company governed by Dutch law,
we follow corporate governance practices that may differ
from the practices followed by U.S. domestic companies
under NYSE listing standards. A summary of the significant
differences in corporate governance practices that we follow
under Dutch law and NYSE listing standards followed by
U.S. domestic companies is published in the corporate
governance section of our website at www.ahold.com.
Our Articles of Association set forth certain aspects
governing our organization and corporate governance. The
current text of our Articles of Association is available at the
Trade Register of the Chamber of Commerce and Industry
for Amsterdam and on our website at www.ahold.com.
As part of our Road to Recovery strategy, we have put in
place a stronger and more transparent corporate governance
and organizational structure. We continue to seek ways to
improve our corporate governance by measuring ourselves
against international best practice, primarily in the
Netherlands and United States.
The following diagram shows the boards, committees and
teams that govern Ahold and its businesses.