Notes to the consolidated financial statements continued 32 Share-based compensation continued Overview Business review Governance Financials Investors Ahold Delhaize Annual Report 2016 The Company will use treasury shares for the delivery of the vested shares. 6,596 72,561 0.00 17,526 75,947 8,308 41,537 49,844 (2,326) 30,9o3 32,860 9,056 27,168 54,336 18,112 14, 383 14,383 The following table summarizes the status of the GRO program during 2016 for the individual Management Board members and for all other employees in the aggregate. 63,221 63,221 25,757 49,844 48,680 48,680 24,340 Performance Granted1 adjustment2 (49,844) 33,229 16,615 (49,844) 33,229 16,615 (54,336) 18,112 36,224 (54,336) 18,112 36,224 41,537 16,615 27,168 36,224 Minimum number of shares5 Maximum number of shares6 75,947 25,558 27,168 63,392 0.00 0.00 2.60 0.00 0.00 0.00 0.00 0.00 0.25 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 In addition, a maximum number of 0.7 million shares granted in 2016 to Ahold Delhaize associates under the one-time retention plan are expected to vest in November 2017, provided the performance conditions are met. Dick Boer Five-year 2011 grant Five-year 2012 grant Five-year 2012 grant - Restricted Five-year 2012 grant - Performance 2013 TSR grant 2013 RoC grant 2013 Conditional grant 2014 TSR grant 2014 Restricted (TSR) 2014 Performance (TSR) 2014 RoC grant 2014 Restricted (RoC) 2014 Performance (RoC) 2014 Conditional grant 2015 TSR grant 2015 Restricted (TSR) 2015 Performance (TSR) 2015 RoC grant 2015 Restricted (RoC) 2015 Performance (RoC) 2015 Conditional grant 2016 TSR grant 2016 RoC grant 2016 Sustainable retailing grant 32,860 54,336 65,965 73,026 (73,026) 58,421 14,605 18,112 36,224 14,383 48,680 48,680 24,340 75,947 14,605 30,9o3 16,615 32,860 18,112 54,336 14,383 85,190 73,020 36,510 30,903 24,922 32,860 6.00 7.81 7.81 7.81 7.76 10.52 10.52 11.20 11.20 11.20 12.40 12.40 12.40 12.40 14.66 14.66 14.66 18.14 18.14 18.14 18.14 20.46 20.15 20.15 Outstanding at the beginning of 2016 41,537 29,076 - 63,221 (25,289) 37,932 - 25,757 Fair value per share at the grant date Incremental fair value7 Outstanding at the end of Vested3 Forfeited Converted4 2016

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