Notes to the consolidated financial statements continued 36 List of subsidiaries, joint ventures and associates continued Overview Financials Investors Ahold Delhaize Annual Report 2016 Jerónimo Martins Retail Services S.A., Klosters, Switzerland (49% owned by Ahold Delhaize’s subsidiary Ahold International Sarl) P.T. Lion Super Indo LLC, Jakarta, Indonesia (51% owned by Ahold Delhaize’s subsidiary Delhaize “The Lion” Nederland B.V.) Joint ventures and associates (unconsolidated) JMR - Gestao de Empresas de Retalho, SGPS, S.A., Lisbon, Portugal (49% owned by Ahold Delhaize’s subsidiary Ahold International Sarl) Business review Governance

Jaarverslagen | 2016 | | pagina 131