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Anheuser-Busch InBev Commences Exchange Offers of Up To Six Series of USD Notes
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”)
Anheuser-Busch InBev Commences Exchange Offers of Up To Six Series
of USD Notes
Anheuser-Busch InBev (“AB InBev”) (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH) today
announced the commencement of offers to Eligible Holders (as defined below) to exchange (the
“Exchange Offers” and each, an “Exchange Offer”) any validly tendered (and not validly withdrawn) and
accepted notes up to the Offer Cap (as defined below) of six series issued by Anheuser-Busch InBev
Finance Inc. (“ABIFI”) for notes to be co-issued by Anheuser-Busch Companies, LLC (“ABC”) and
Anheuser-Busch InBev Worldwide Inc. (“ABIWW”) (the “Issuers” and each, an “Issuer”) as described in
the table below, upon the terms and subject to the conditions set forth in the confidential offering
memorandum dated 26 October 2018 (the “Confidential Offering Memorandum”).
Copies of the Confidential Offering Memorandum will be made available only to holders who have
certified to AB InBev their eligibility via an eligibility letter. Copies of the eligibility letter are available to
holders through the information agent, Global Bondholder Services Corporation, at their website
http://gbsc-usa.com/eligibility/anheuser-busch or by calling +1 (866) 470-3900 (toll free) or +1 212-430-
3774 (for banks and brokers).
The principal difference between the Old Notes and the New Notes is the entities that will act as an Issuer
versus as a guarantor, as shown below:
ab-inbev.com 1
Entity Old Notes New Notes
Anheuser-Busch InBev Finance Inc. (“ABIFI”) Issuer Guarantor
Anheuser-Busch Companies, LLC (“ABC”) Guarantor Co-Issuer
Anheuser-Busch InBev Worldwide Inc. (“ABIWW”) Guarantor Co-Issuer
Anheuser-Busch InBev SA/NV Guarantor Guarantor
Brandbev S.à r.l. Guarantor Guarantor
Brandbrew S.A. Guarantor Guarantor
Cobrew NV Guarantor Guarantor
The aggregate principal amount of Old Notes that are accepted for exchange will be based on the Offer
Cap (as defined below) and the order of acceptance priority for such series as set forth in the table below
(the “Acceptance Priority Levels”), with Acceptance Priority Level 1 being the highest and Acceptance
Priority Level 6 being the lowest:
Title of
Title of Series Series of
of Notes Notes to be
Issued by Issued by
ABIFI to be ABC &
Aggregate Exchanged ABIWW
Principal (collectively, Acceptance (collectively Early
Amount the “Old Priority , the “New Exchange Participation
(mm) Notes”) CUSIP/ISIN No. Level Notes”)(2) Consideration(1) Premium(1) Total Consideration(1)(3)
New
Notes New
(principa Notes
l New Notes (principal
amount) (principal amount)
(2)
Cash amount) (2) (2)
Cash
$11,000 4.900% Notes 035242 AN6 1 4.900% $970 $1.00 $30 $1,000 $1.00
due 2046 Notes due
US035242AN64 2046
$6,000 4.700% Notes 035242 AM8 2 4.700% $970 $1.00 $30 $1,000 $1.00
due 2036 Notes due
US035242AM81 2036
$11,000 3.650% Notes 035242 AP1 3 3.650% $970 $1.00 $30 $1,000 $1.00
due 2026 Notes due
US035242AP13 2026
$6,000 3.300% Notes 035242 AL0 4 3.300% $970 $1.00 $30 $1,000 $1.00
due 2023 Notes due
US035242AL09 2023
$7,500 2.650% Notes 035242 AJ5 5 2.650% $970 $1.00 $30 $1,000 $1.00
due 2021 Notes due
US035242AJ52 2021
$500 Floating Rate 035242 AK2 6 Floating $970 $1.00 $30 $1,000 $1.00
Notes due Rate Notes
2021 US035242AK26 due 2021
(1) Consideration per $1,000 principal amount of Old Notes validly tendered and accepted for exchange.
(2) The term “New Notes” in this column refers, in each case, to the series of New Notes corresponding to the series of Old Notes of like tenor
and coupon.
(3) Includes the Early Participation Premium for Old Notes validly tendered prior to the Early Participation Date described below and not validly
withdrawn.
ab-inbev.com 2
Old Notes will be accepted, in accordance with the Acceptance Priority Levels, in up to a combined
aggregate offer cap equal to (i) $20,000,000,000 (the “Target Amount”) of combined aggregate principal
amount of Old Notes plus (ii) such additional principal amount of Old Notes required to result in the
acceptance of any and all Old Notes from the Threshold Series which are validly tendered and not validly
withdrawn prior to the Early Participation Deadline or Expiration Time, as applicable (the “Offer Cap”). The
“Threshold Series” will be the first series of Old Notes for which the acceptance of all validly tendered and
not validly withdrawn Old Notes in such series would result in the acceptance of a combined aggregate
principal amount of Old Notes in excess of the Target Amount. Old Notes validly tendered and not withdrawn
at or prior to the Early Participation Deadline will be accepted for purchase in priority to Old Notes validly
tendered after the Early Participation Deadline, and to the extent that Old Notes are validly tendered and
not withdrawn at or prior to the Early Participation Deadline, the amount of the Target Amount available
after the Early Participation Deadline would be reduced. Accordingly, if the Target Amount is reached in
respect of tenders made at or prior to the Early Participation Deadline, no Old Notes tendered after the
Early Participation Deadline will be accepted for purchase. No series of Old Notes accepted for exchange
will be pro-rated.
For example, if all Eligible Holders of Old Notes in Acceptance Priority Levels 1 through 3 validly tender
and do not withdraw such Old Notes at or prior to the Early Participation Deadline, (i) the Exchange Offers
would be oversubscribed, (ii) the series of Old Notes with Acceptance Priority Level 3 would be the
Threshold Series, (iii) all Old Notes from the Threshold Series and all Old Notes with an Acceptance Priority
Level higher than the Threshold Series would be accepted (to the extent validly tendered and not withdrawn
prior to the Early Participation Deadline), (iv) no Old Notes with an Acceptance Priority Level lower than the
Threshold Series will be accepted for purchase and (v) no Old Notes of any series tendered after the Early
Participation Deadline will be accepted for purchase.
The Exchange Offers commenced on 26 October 2018. The Exchange Offers will expire at 11:59 p.m.,
New York City time, on 26 November 2018, unless extended (such date and time, as it may be extended,
the “Expiration Time”). In order to be eligible to receive the Total Consideration described in the table above,
Eligible Holders must validly tender their Old Notes at or prior to 5:00 p.m., New York City time, on 8
November 2018, unless extended (such date and time, as it may be extended, the “Early Participation
Deadline”). Tenders of Old Notes may not be withdrawn after 5:00 p.m., New York City time, on 8 November
2018, unless extended (such date and time, as it may be extended, the “Withdrawal Deadline”), except in
certain limited circumstances as set forth in the Confidential Offering Memorandum.
Upon the terms and subject to the conditions set forth in the Confidential Offering Memorandum, in
exchange for each $1,000 principal amount of Old Notes that is validly tendered prior to Early Participation
Deadline and not validly withdrawn, subject to the Offer Cap and the Acceptance Priority Levels, holders
ab-inbev.com 3
will receive the Total Consideration, which consists of $1,000 principal amount of dollar-denominated New
Notes and a cash amount of $1.00.
The Total Consideration includes an early participation premium set out in the table above (the “Early
Participation Premium”), which consists of $30 principal amount of New Notes.
Upon the terms and subject to the conditions set forth in the Confidential Offering Memorandum, to the
extent the Offer Cap is not reached in respect of tenders made at or prior to the Early Participation Deadline,
in exchange for each $1,000 principal amount of Old Notes that is validly tendered after the Early
Participation Date but prior to the Expiration Date, subject to the Offer Cap and the Acceptance Priority
Levels, holders will receive only the exchange consideration set out in the table above (the “Exchange
Consideration”), which is equal to the Total Consideration less the Early Participation Premium and so
consists of $970 principal amount of New Notes and a cash amount of $1.00.
AB InBev reserves the right, but is not obligated to, increase (or upsize) or decrease the Target Amount in
its sole discretion. The Exchange Offers are subject to certain conditions described in the Confidential
Offering Memorandum.
The Issuers reserve the right, but are under no obligation, at any point following the Early Participation
Deadline and before the Expiration Time, to accept for exchange any Old Notes validly tendered at or prior
to the Early Participation Deadline (the date of such exchange, the “Early Settlement Date”), subject to the
Acceptance Priority Levels and the Offer Cap. The Issuers currently intend to exercise their option to make
this exchange and currently expect the Early Settlement Date to occur on the second business day
immediately following the Early Participation Deadline. Irrespective of whether the Issuers choose to
exercise their option to have an Early Settlement Date, if, as of the Expiration Time, all conditions have
been or are concurrently satisfied or waived by us, the “Final Settlement Date” will be promptly after the
Expiration Time (and is expected to be the second business day immediately following the Expiration Time),
and will apply to all Old Notes validly tendered, subject to the Acceptance Priority Levels and the Offer Cap,
prior to the Expiration Time and not exchanged on the Early Settlement Date, other than any Old Notes
validly withdrawn prior to the Withdrawal Deadline.
Other than the identity of the issuers (who are guarantors on the Old Notes), the terms of the New Notes
to be issued in the Exchange Offers are identical in all material respects to the Old Notes. No accrued but
unpaid interest will be paid on the Old Notes in connection with the Exchange Offers. However, interest on
the applicable New Note will accrue from and including the most recent interest payment date of the
tendered Old Note. Subject to the minimum denominations as described in the Confidential Offering
Memorandum, the principal amount of each New Note will be rounded down, if necessary, to the nearest
ab-inbev.com 4
whole multiple of $1,000, and we will pay cash equal to the remaining portion, if any, of the exchange price
of such Old Note.
The New Notes will be unsecured and unsubordinated obligations of the Issuers and will rank equally with
all other unsecured and unsubordinated indebtedness of the Issuers issued from time to time. The New
Notes will be structurally subordinated to all existing and future obligations of the Issuers’ current and future
subsidiaries that are not guarantors of the New Notes. The New Notes will be guaranteed by each of
Anheuser-Busch InBev SA/NV, Anheuser-Busch InBev Finance Inc., Brandbev S.à r.l., Brandbrew S.A.
and Cobrew NV (collectively, the “AB InBev Guarantors”). The guarantees of the New Notes will be
unsecured and unsubordinated obligations of the AB InBev Guarantors and will rank equally with all other
unsecured and unsubordinated indebtedness of the AB InBev Guarantors, from time to time. The
guarantees of the New Notes will be structurally subordinated to all existing and future obligations of the
AB InBev Guarantors’ current and future subsidiaries that are not guarantors or the issuers of the New
Notes.
The dealer managers for the Exchange Offers relating to the Old Notes are:
BofA Merrill Lynch Deutsche Bank Securities Inc.
214 North Tryon Street, 14th Floor 60 Wall Street
Charlotte, North Carolina 28255 New York, NY 10005
U.S.A. U.S.A.
Attention: Liability Management Group Attention: Liability Management Group
By Telephone: By Telephone:
+1 (888) 292-0070 (toll-free) +1 (866) 627-0391 (toll-free)
+1 (980) 683 – 3215 (collect) +1 (212) 250-2955 (collect)
The exchange agent and information agent for the Exchange Offers relating to the Old Notes is:
Global Bondholder Services
Corporation
By Phone: By E-Mail: By Mail or Hand:
Bank and Brokers Call Collect: contact@gbsc-usa.com 65 Broadway—Suite 404
+1 (212) 430-3774 New York, New York 10006
All Others, Please Call Toll-Free: ATTN: Corporate Actions
+1 (866) 470-3900
ab-inbev.com 5
Available Documents and Other Details
Documents relating to the Exchange Offers will only be distributed to holders of the Old Notes who complete
and return an eligibility form confirming that they are either a “qualified institutional buyer” as defined in
Rule 144A or not a “U.S. person” under Regulation S and, if resident and/or located in any member state
of the EEA, not a “retail investor” for purposes of applicable securities laws. Holders of Old Notes who
desire to complete an eligibility form should either visit http://gbsc-usa.com/eligibility/anheuser-busch or
request instructions by sending an e-mail to contact@gbsc-usa.com or by calling Global Bondholders
Services Corporation, the Exchange Agent and Information Agent for the Exchange Offer, at (866) 470-
3900 (U.S. toll-free) or (212) 430-3774 (banks and brokers).
The complete terms and conditions of the Exchange Offers are set forth in the Confidential Offering
Memorandum. This press release is for informational purposes only and is neither an offer to purchase nor
a solicitation of an offer to sell the New Notes. The Exchange Offers are only being made pursuant to the
Confidential Offering Memorandum. The Exchange Offers are not being made to holders of Old Notes in
any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities,
blue sky or other laws of such jurisdiction. The New Notes have not been approved or disapproved by any
regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the Confidential
Offering Memorandum.
The Exchange Offers and the issuance of the New Notes have not been registered with the Securities and
Exchange Commission (the “SEC”) under the Securities Act, or any other applicable securities laws and,
unless so registered, the New Notes may not be offered, sold, pledged or otherwise transferred within the
United States or to or for the account of any U.S. person, except pursuant to an exemption from the
registration requirements thereof.
The Exchange Offers are being made, and the New Notes are being offered and will be issued, only (i) to
holders of Old Notes that are “qualified institutional buyers” as defined in Rule 144A under the Securities
Act of 1933, as amended (the “Securities Act”), in a private transaction in reliance upon the exemption from
the registration requirements of the Securities Act provided by Section 4(a)(2) thereof, or (ii) outside the
United States, to holders of Old Notes other than “U.S. persons”, as defined in Rule 902 under the Securities
Act, in an offshore transaction in compliance with Regulation S under the Securities Act and that are not
acquiring the New Notes for the account or benefit of a U.S. person (a holder satisfying at least one of the
foregoing conditions being referred to as an “Eligible Holder”), and, in each case, (x) if resident and/or
located in any member state of the European Economic Area (the “EEA”), that they are persons other than
“retail investors” (for these purposes, a retail investor means a person who is one (or more) of: (i) a retail
client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, “MiFID II”); or (ii) a
ab-inbev.com 6
customer within the meaning of Directive 2002/92/EC (as amended or superseded, the “Insurance
Mediation Directive”), where that customer would not qualify as a professional client as defined in point (10)
of Article 4(1) of MIFID II; or (iii) not a qualified investor as defined in Directive 2003/71/EC (as amended or
superseded, the “Prospectus Directive”)), (y) if resident in Canada, a “permitted client” as defined in
National Instrument 31-103, resident in one of the provinces and which has received the Canadian wrapper
to the Confidential Offering Memorandum and (z) is not participating in the transaction in or from any
jurisdiction in which it would be unlawful to do so.
Pursuant to a registration rights agreement, the Issuers will be required to file an exchange offer registration
statement with the SEC regarding an offer to exchange the New Notes for a new issue of substantially
identical notes registered under the Securities Act and, in certain circumstances, to file a shelf registration
statement with respect to resales of the New Notes. In the event that the Issuer fails to comply with certain
of its obligations under the registration rights agreement, it will pay additional interest to the holders of the
New Notes.
Non-U.S. Distribution Restrictions
Belgium. Neither the Confidential Offering Memorandum nor any other documents or materials
relating to the Exchange Offers have been submitted to or will be submitted for approval or recognition to
the Belgian Financial Services and Markets Authority and, accordingly, the Exchange Offers may not be
made in Belgium by way of a public offering, as defined in Articles 3 and 6 of the Belgian Law of 1 April
2007 on public takeover bids (the “Belgian Takeover Law”) or as defined in Article 3 of the Belgian Law of
16 June 2006 on the public offer of placement instruments and the admission to trading of placement
instruments on regulated markets (the “Belgian Prospectus Law”), both as amended or replaced from time
to time. Accordingly, the Exchange Offers may not be advertised and the Exchange Offers will not be
extended, and neither the Confidential Offering memorandum nor any other documents or materials relating
to the Exchange Offers (including any memorandum, information circular, brochure or any similar
documents) has been or shall be distributed or made available, directly or indirectly, to any person in
Belgium other than (i) to persons which are “qualified investors” in the sense of Article 10 of the Belgian
Prospectus Law, acting on their own account or (ii) in any other circumstances set out in Article 6, Section 4
of the Belgian Takeover Law and Article 3, Section 4 of the Belgian Prospectus Law. The Confidential
Offering memorandum has been issued only for the personal use of the above qualified investors and
exclusively for the purpose of the Exchange Offers. Accordingly, the information contained in the
Confidential Offering memorandum may not be used for any other purpose or disclosed to any other person
in Belgium.
ab-inbev.com 7
European Economic Area. The New Notes are not intended to be offered, sold or otherwise made
available to, and should not be offered, sold or otherwise made available to, any retail investor in the EEA.
For these purposes, the expression “offer” includes the communication in any form and by any means of
sufficient information on the terms of the offer and the New Notes to be offered so as to enable an investor
to decide to purchase or subscribe the New Notes, and a “retail investor” means a person who is one (or
more) of: (a) a retail client, as defined in point (11) of Article 4(1) of MiFID II; or (b) a customer, within the
meaning of the Insurance Mediation Directive where that customer would not qualify as a professional client
as defined in point (10) of Article 4(1) of MiFID II; or (c) not a qualified investor as defined in the Prospectus
Directive. Consequently, no key information document required by Regulation (EU) No 1286/2014 (as
amended, the “PRIIPs Regulation”) for offering or selling the New Notes or otherwise making them available
to retail investors in the EEA has been prepared, and therefore, offering or selling the New Notes or
otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs
Regulation.
France. The Exchange Offers are not being made, directly or indirectly, to the public in the Republic
of France. Neither the Confidential Offering Memorandum nor any other documents or materials relating to
the Exchange Offers have been or shall be distributed to the public in France and only (i) providers of
investment services relating to portfolio management for the account of third parties (personnes fournissant
le service d’investissement de gestion de portefeuille pour compte de tiers) and/or (ii) qualified investors
(investisseurs qualifiés) other than individuals, in each case acting on their own account and all as defined
in, and in accordance with, Articles L.411-1, L.411-2 and D.411-1 of the French Code Monétaire et
Financier, are eligible to participate in the Exchange Offers. The Confidential Offering Memorandum and
any other document or material relating to the Exchange Offers have not been and will not be submitted for
clearance to nor approved by the Autorité des marchés financiers.
Italy. None of the Exchange Offers, the Confidential Offering memorandum or any other documents
or materials relating to the Exchange Offers or the New Notes have been or will be submitted to the
clearance procedure of CONSOB. The Exchange Offers are being carried out in the Republic of Italy as
exempted offers pursuant to article 101-bis, paragraph 3-bis of the Legislative Decree No. 58 of 24 February
1998, as amended (the “Financial Services Act”) and article 35-bis, paragraph 3 and 4, of CONSOB
Regulation No. 11971 of 14 May 1999, as amended, as the case may be. Noteholders or beneficial owners
of the Old Notes can offer to exchange the notes pursuant to the Exchange Offers through authorized
persons (such as investment firms, banks or financial intermediaries permitted to conduct such activities in
Italy in accordance with the Financial Services Act, CONSOB Regulation No. 16190 of 29 October 2007,
as amended from time to time, and Legislative Decree No. 385 of 1 September 1993, as amended) and in
compliance with applicable laws and regulations or with requirements imposed by CONSOB or any other
Italian authority. Each intermediary must comply with the applicable laws and regulations concerning
ab-inbev.com 8
information duties vis-à-vis its clients in connection with the Old Notes, the New Notes, the Exchange Offers
or the Confidential Offering Memorandum.
United Kingdom. Neither the communication of the Confidential Offering Memorandum nor any
other offering material relating to the Exchange Offers has been made nor will be made, and the Confidential
Offering Memorandum has not been approved, by an authorized person for the purposes of Section 21 of
the Financial Services and Markets Act. Accordingly, the Confidential Offering Memorandum has and will
only be distributed to and directed at: (i) persons who are outside the United Kingdom, (ii) investment
professionals falling within Article 19(5) of the Order or (iiii) high net worth entities, and other persons to
whom the Confidential Offering Memorandum may lawfully be communicated, falling within Article 49(2)(a)
to (d) of the Order (all such persons together being referred to for purposes of this paragraph as “relevant
persons”). The New Notes will only be available to, and any invitation, offer or agreement to subscribe,
purchase or otherwise acquire such notes will be engaged in only with, relevant persons. Any person who
is not a relevant person should not act or rely on the Confidential Offering Memorandum or any of its
contents and may not participate in the Exchange Offers.
Canada. The Exchange Offers are being made to only to residents of Canada each of whom is a
“permitted client” as defined in National Instrument 31-103, is resident in one of the provinces and has
received the Canadian wrapper to the Confidential Offering Memorandum with the Canadian wrapper
thereto. Any person who is a resident of Canada who is not a permitted client should not act or rely on the
Confidential Offering Memorandum or any of its contents and may not participate in the Exchange Offers.
Hong Kong. The New Notes may not be offered by means of any document other than (i) in
circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance
(Cap. 32, Laws of Hong Kong), or (ii) to “professional investors” within the meaning of the Securities and
Futures Ordinance (Cap. 571, Laws of Hong Kong) and any rules made thereunder, or (iii) in other
circumstances which do not result in the document being a “prospectus” within the meaning of the
Companies Ordinance (Cap. 32, Laws of Hong Kong), and no advertisement, invitation or document relating
to the New Notes may be issued or may be in the possession of any person for the purpose of issue (in
each case whether in Hong Kong or elsewhere), which is directed at, or the contents of which are likely to
be accessed or read by, the public in Hong Kong (except if permitted to do so under the laws of Hong Kong)
other than with respect to New Notes which are or are intended to be disposed of only to persons outside
Hong Kong or only to “professional investors” within the meaning of the Securities and Futures Ordinance
(Cap. 571, Laws of Hong Kong) and any rules made thereunder. The Confidential Offering Memorandum
is strictly confidential to the person to whom it is addressed and must not be distributed, published,
reproduced or disclosed (in whole or in part) by such person to any other person in Hong Kong or used for
ab-inbev.com 9
any purpose in Hong Kong other than in connection with such person’s consideration of the Exchange
Offers.
Legal Disclaimer
This release contains “forward-looking statements”. These statements are based on the current expectations and views of future
events and developments of the management of AB InBev and are naturally subject to uncertainty and changes in circumstances.
The forward-looking statements contained in this release include, among other things, statements relating to AB InBev’s business
combination with SAB and other statements other than historical facts. Forward-looking statements include statements typically
containing words such as “will”, “may”, “should”, “believe”, “intends”, “expects”, “anticipates”, “targets”, “estimates”, “likely”, “foresees”
and words of similar import. All statements other than statements of historical facts are forward-looking statements. You should not
place undue reliance on these forward-looking statements, which reflect the current views of the management of AB InBev, are subject
to numerous risks and uncertainties about AB InBev and are dependent on many factors, some of which are outside of AB InBev’s
control. There are important factors, risks and uncertainties that could cause actual outcomes and results to be materially different,
including the ability to realize synergies from the business combination with SAB and the risks and uncertainties relating to AB InBev
described under Item 3.D of AB InBev’s Annual Report on Form 20-F (“Form 20-F”) filed with the US Securities and Exchange
Commission (“SEC”) on 19 March 2018. Other unknown or unpredictable factors could cause actual results to differ materially from
those in the forward-looking statements.
The forward-looking statements should be read in conjunction with the other cautionary statements that are included elsewhere,
including AB InBev’s most recent Form 20-F, other reports furnished on Form 6-K, and any other documents that AB InBev has made
public. Any forward-looking statements made in this communication are qualified in their entirety by these cautionary statements and
there can be no assurance that the actual results or developments anticipated by AB InBev will be realized or, even if substantially
realized, that they will have the expected consequences to, or effects on, AB InBev or its business or operations. Except as required
by law, AB InBev undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
ANHEUSER-BUSCH INBEV CONTACTS
Media Investors
Pablo Jimenez Lauren Abbott
Tel: +1 212 573 9289 Tel: +1 212 573 9287
E-mail: pablo.jimenez@gmodelo.com.mx E-mail: lauren.abbott@ab-inbev.com
Aimee Baxter Mariusz Jamka
Tel: +1 718 650 4003 Tel: +32 16 276 888
E-mail: aimee.baxter@ab-inbev.com E-mail: mariusz.jamka@ab-inbev.com
Ingvild Van Lysebetten Jency John
Tel: +32 16 276 608 Tel: +1 646 746 9673
E-mail: ingvild.vanlysebetten@ab-inbev.com Email: jency.john@ab-inbev.com
26 October 2018
JSE Sponsor: Deutsche Securities (SA) Proprietary Limited
ab-inbev.com 10
About Anheuser-Busch InBev
Anheuser-Busch 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). Our Dream is to bring people together for a better world. Beer, the original social network, has been bringing
people together for thousands of years. We are committed to building great brands that stand the test of time and to brewing the best
beers using the finest natural ingredients. Our diverse portfolio of well over 500 beer brands includes global brands Budweiser®,
Corona® and Stella Artois®; multi-country brands Beck’s®, Castle®, Castle Lite®, Hoegaarden® and Leffe®; and local champions
such as Aguila®, Antarctica®, Bud Light®, Brahma®, Cass®, Cristal®, Harbin®, Jupiler®, Michelob Ultra®, 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 180,000 employees based in nearly 50 countries worldwide. For 2017, AB InBev’s reported
revenue was 56.4 billion USD (excluding JVs and associates).
ab-inbev.com 11
Date: 26/10/2018 03:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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