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Disclosure Made According with the Requirements of the Law of 2 May 2007
Anheuser-Busch InBev SA/NV
(Incorporated in the Kingdom of Belgium)
Register of Companies Number: 0417.497.106
Euronext Brussels Share Code: ABI
Mexican Stock Exchange Share Code: ANB
NYSE ADS Code: BUD
JSE Share Code: ANH
ISIN: BE0974293251
("AB InBev" or the "Company")
Regulated information (1)
Disclosure Made According to the Requirements of the Law of 2 May 2007
28 December 2023 – Anheuser-Busch InBev (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE:ANH) ("AB
InBev") ("the Company") hereby discloses, in accordance with article 14, first paragraph of the Law of 2 May 2007,
that on 21 December 2023 it received a transparency notification from M. Jorge Paulo Lemann, M. Carlos Alberto
da Veiga Sicupira, M. Max Van Hoegaerden Herrmann Telles, BRC Sàrl, EPS SA, Stichting Anheuser-Busch InBev,
AB InBev, Rayvax Société d'investissements SA, Stichting Fonds InBev Baillet Latour and Fonds Verhelst SC, à
finalité sociale, in accordance with articles 6 and 18 of the Law of 2 May 2007.
In such notification, the notifying parties notify a change in one of the parties acting in concert resulting from an
inter vivos donation by one of the natural persons holding the joint ultimate control over BRC Sàrl to one of his
sons (i.e. a gift by M. Marcel Herrmann Telles to his son M. Max Van Hoegaerden Herrmann Telles). M. Max Van
Hoegaerden Herrmann Telles thereby replaces his father as one of the individuals holding the joint ultimate control
over BRC Sàrl. No threshold has been crossed upwards or downwards.
The transparency notification contains the following information:
1. Date notification: Notification dated 21 December 2023
2. Reason for the notification: Conclusion or modification of an agreement to act in concert; Acquisition or
disposal of voting securities or voting rights.
3. Notification by: Persons acting in concert; A parent undertaking or a controlling person.
4. Persons subject to the notification obligation:
Name Address (for legal entities)
M. Jorge Paulo Lemann
M. Carlos Alberto da Veiga Sicupira
Max Van Hoegaerden Herrmann Telles
BRC Sàrl (Luxembourg law) 2 Boulevard de la Foire, L 1528 Luxembourg
EPS SA (Luxembourg law) 488 Route de Longwy, L 1940 Luxembourg
Stichting Anheuser-Busch InBev (Dutch law) 760 Amstelveenseweg 760, 1081 JK Amsterdam
Anheuser-Busch InBev 1 Grand Place, 1000 Bruxelles
Rayvax Société d'investissements SA 88 Rue Gachard, 1050 Ixelles
Stichting Fonds InBev Baillet Latour Cerastraat 1, 4811 Breda
Fonds Verhelst SC, à finalité sociale 1 Brouwerijplein, 3000 Leuven
5. Date transaction: 15 December 2023
6. Threshold that is crossed (in %): 45
7. Denominator: 2,019,241,973
(1) The enclosed information constitutes regulated information as defined in the Belgian Royal Decree of 14 November 2007 regarding the
duties of issuers of financial instruments which have been admitted for trading on a regulated market.
8. Notified details:
A) Voting rights Previous notification After the transaction
# of voting rights # of voting rights % of voting rights
Not linked Not linked
Holders of voting Linked to Linked to
to the to the
rights securities securities
securities securities
M. Jorge Paulo
0 0 0.00%
Lemann
M. Carlos Alberto da
0 0 0.00%
Veiga Sicupira
M. Max Van
Hoegaerden 0 0 0.00%
Herrmann Telles
BRC 39,962,901 28,097,078 1.39%
EPS 99,999 99,999 0.00%
EPS Participations 131,898,152 133,846,578 6.63%
Stichting Anheuser-
663,074,832 663,074,832 32.84%
Busch InBev
Anheuser-Busch
59,258,420 34,263,019 1.70%
InBev
Brandbrew 405,894 265,894 0.01%
Brandbev 138,293 172,467 0.01%
Ambrew 0 200,000 0.01%
Mexbrew 60,000 0 0.00%
Subtotal 894,898,491 860,019,867 42.59%
Rayvax Société
24,158 50,000 0.00%
d'investissements
Sébastien Holding 10 0 0.00%
Subtotal 24,168 50,000 0.00%
Stichting Fonds
0 0 0.00%
InBev Baillet Latour
Fonds Baillet Latour 5,485,415 5,485,415 0.27%
Subtotal 5,485,415 5,485,415 0.27%
Fonds Verhelst 0 0 0.00%
Fonds Voorzitter
6,997,665 6,997,665 0.35%
Verhelst
Subtotal 6,997,665 6,997,665 0.35%
TOTAL 872,552,947 0 43.21% 0.00%
B)
Equivalent
After the transaction
financial
instruments
# of voting rights
Holders of
Type of Exercise that may be % of
equivalent Expiration
financial period or acquired if the voting Settlement
financial date
instrument date instrument is rights
instruments
exercised
TOTAL 0 0.00%
% of
TOTAL (A & B) # of voting rights voting
rights
872,552,947 43.21%
9. Chain of controlled entities through which the shareholding is effectively held: Annexed to the
transparency notification, a summary overview of which is available on www.ab-
inbev.com/investors/corporate-governance/shareholder-structure/.
10. Additional information: Notification made due to a change in one of the parties acting in concert (parties
à l'action de concert) resulting from an inter vivos donation by one of the natural persons holding the
joint ultimate control over BRC to one of his sons (i.e. a gift by Marcel Herrmann Telles to his son Max
Van Hoegaerden Herrmann Telles). Max Van Hoegaerden Herrmann Telles thereby replaces his father
as one of the individuals holding the joint ultimate control over BRC.
Notifications of significant shareholdings to be made according to the Law of 2 May 2007 or AB InBev's bylaws,
should be sent to jan.vandermeersch@ab-inbev.com.
This press release can be consulted on AB InBev's website via this link www.ab-inbev.com.
About Anheuser-Busch InBev (AB InBev)
Anheuser-Busch InBev (AB InBev) is a publicly traded company (Euronext: ABI) based in Leuven, Belgium, with secondary
listings on the Mexico (MEXBOL: ANB) and South Africa (JSE: ANH) stock exchanges and with American Depositary Receipts
on the New York Stock Exchange (NYSE: BUD). As a company, we dream big to create a future with more cheers. We are
always looking to serve up new ways to meet life's moments, move our industry forward and make a meaningful impact in the
world. We are committed to building great brands that stand the test of time and to brewing the best beers using the finest
ingredients. Our diverse portfolio of well over 500 beer brands includes global brands Budweiser®, Corona® and Stella
Artois®; multi-country brands Beck's®, Hoegaarden®, Leffe® and Michelob ULTRA®; and local champions such as Aguila®,
Antarctica®, Bud Light®, Brahma®, Cass®, Castle®, Castle Lite®, Cristal®, Harbin®, Jupiler®, Modelo Especial®, Quilmes®,
Victoria®, Sedrin®, and Skol®. Our brewing heritage dates back more than 600 years, spanning continents and generations.
From our European roots at the Den Hoorn brewery in Leuven, Belgium. To the pioneering spirit of the Anheuser & Co brewery
in St. Louis, US. To the creation of the Castle Brewery in South Africa during the Johannesburg gold rush. To Bohemia, the
first brewery in Brazil. Geographically diversified with a balanced exposure to developed and developing markets, we leverage
the collective strengths of approximately 167,000 colleagues based in nearly 50 countries worldwide. For 2022, AB InBev's
reported revenue was 57.8 billion USD (excluding JVs and associates).
Anheuser-Busch InBev Contacts
Investors Media
Shaun Fullalove Media Relations
Tel: +1 212 573 9287 E-mail: Media.Relations@ab-inbev.com
E-mail: shaun.fullalove@ab-inbev.com
Maria Glukhova
Tel: +32 16 276 888
E-mail: maria.glukhova@ab-inbev.com
Cyrus Nentin
Tel: +1 646 746 9673
E-mail: cyrus.nentin@ab-inbev.com
29 December 2023
JSE Sponsor: Questco Corporate Advisory Proprietary Limited
Date: 29-12-2023 07:35:00
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