ANHEUSER-BUSCH INBEV SA/NV - AB InBev reports on the progress of its share buy-back program announced on 31 October 2024

AB InBev reports on the progress of its share buy-back program announced on 31 October 2024

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")


AB InBev reports on the progress of its share buy-back program announced on 31
October 2024

Regulated information1

25 November 2024 – Anheuser-Busch InBev (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE:ANH) ("AB
InBev") ("the Company") hereby discloses certain information in relation to its share buy-back program
announced on 31 October 2024, in accordance with article 8:4 of the Royal Decree of 29 April 2019 implementing
the Belgian Code on Companies and Associations. Under this program, AB InBev has granted a discretionary
mandate to an independent financial intermediary to repurchase AB InBev shares.

Further to the launch of the share buy-back program announced on 31 October 2024, AB InBev reports the
purchase of 717,573 AB InBev shares in the central order book of Euronext Brussels in the period from 18
November 2024 up to and including 22 November 2024. The shares were repurchased at an average price of
52.7203 EUR per share for a total consideration of 37,831,786.08 EUR.

                                                                                                                      Average                 Lowest               Highest
       Date of               Number                 Total amount                     Total amount
                                                                                                                        price                   price                price
     repurchase             of shares                  (EUR)                            (USD)
                                                                                                                       (EUR)                   (EUR)                (EUR)

     18-Nov-24               188,041             €10,017,216.73                   $10,565,158.48                     53.27145               53.0600               53.5400

     19-Nov-24               150,918              €7,991,794.78                     $8,456,118.05                    52.95455               52.6600               53.5200

     20-Nov-24               140,402              €7,386,029.73                     $7,814,419.46                    52.60630               52.0200               53.4600

     21-Nov-24               122,567              €6,380,494.83                     $6,723,127.40                    52.05720               51.8600               52.3600

     22-Nov-24               115,645              €6,056,250.01                     $6,351,189.39                    52.35970               52.0000               52.6000

         Total               717,573             €37,831,786.08                    $39,910,012.79                     52.7203               51.8600               53.5400


Since the start of the share buy-back program on 13 November 2024, AB InBev has bought back 1,323,019
shares for a total amount of 70,035,436.46 EUR (73,948,491.93 USD) under the share buy-back program. This
corresponds to 0.07% of the total shares outstanding.

The overview relating to the share buy-back program is available on https://www.ab-inbev.com/investors/share-
information/return-of-capital-program and will be updated on a weekly basis.

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.


 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®, Stella Artois®
 and Michelob Ultra®; multi-country brands Beck's®, Hoegaarden® and Leffe®; 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 155,000 colleagues based in nearly 50 countries worldwide. For 2023, AB InBev's
 reported revenue was 59.4 billion USD (excluding JVs and associates).


AB InBev Contacts
Investors                                                             Media
Shaun Fullalove                                                       Media Relations
E-mail: shaun.fullalove@ab-inbev.com                                  E-mail: media.relations@ab-inbev.com

Ekaterina Baillie
E-mail: ekaterina.baillie@ab-inbev.com

Cyrus Nentin
E-mail: cyrus.nentin@ab-inbev.com


26 November 2024
JSE Sponsor: Questco Corporate Advisory Proprietary Limited


Date: 26-11-2024 07:29:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.