Our Articles of Association provide for the possible issuance of cumulative preferred
shares. Currently, no cumulative preferred shares are outstanding. An option agreement
is in place between Stichting Continuïteit Ahold Delhaize and Ahold Delhaize. Pursuant
to the Option Agreement, Stichting Continuïteit Ahold Delhaize has been granted an
option for no consideration to acquire cumulative preferred shares from Ahold Delhaize
from time to time until December 2018. In December 2017,  Ahold Delhaize and
Stichting Continuïteit Ahold Delhaize commenced discussions on a possible extension
of the Option Agreement, in accordance with its terms which require such discussions to
start at least one year prior to the expiration date. No conclusion has been reached at
this time.

The option agreement can be extended based on the mandate provided by shareholders in 2003 and resolutions of the Management Board and the Supervisory Board based on this mandate.

Stichting Continuïteit Ahold Delhaize is an independent foundation organized under the
laws of the Netherlands. For further information on Stichting Continuïteit Ahold Delhaize,
please visit its website www.stichtingcontinuiteitaholddelhaize.com