AB InBev Reports Q1 2023 Results Short Form Announcement 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 Q1 2023 Results Short Form Announcement KEY FIGURES Total Revenue Normalized EBITDA + 13.2% + 13.6% Revenue increased by 13.2% with revenue per hl Normalized EBITDA increased by 13.6% to 4 759 growth of 12.4%. million USD with a normalized EBITDA margin expansion of 13 bps to 33.5%. 15.4% increase in combined revenues of our global brands, Budweiser, Stella Artois and Corona, outside of Underlying Profit their respective home markets. 1 310 million USD Approximately 62% of our revenue through B2B digital platforms with the monthly active user base of BEES Underlying profit (normalized profit attributable to reaching 3.1 million users. equity holders of AB InBev excluding the impact of hyperinflation) was 1 310 million USD in 1Q23 compared to 1 204 million USD in 1Q22. Over 100 million USD of revenue generated by our digital direct-to-consumer ecosystem. Underlying EPS Total Volume 0.65 USD Underlying EPS was 0.65 USD in 1Q23, an increase +0.9% from 0.60 USD in 1Q22. Total volumes grew by 0.9%, with own beer volumes up by 0.4% and non-beer volumes up by 3.6%. SHORT FORM ANNOUNCEMENT This short-form announcement is the responsibility of the board of directors of AB InBev and is a summary of the information in the detailed financial results announcement and does not contain full or complete details. Any investment decision in relation to the Company’s shares should be based on the full announcement. The full announcement may be downloaded from: https://senspdf.jse.co.za/documents/2023/jse/isse/anhe/Q12023.pdf or from the Company’s website at www.ab-inbev.com Copies may be requested from the Company and the Johannesburg office of the Company’s JSE Sponsor at no charge during business hours for a period of 30 calendar days following the date of this announcement. AB INBEV CONTACTS Investors Media Shaun Fullalove Kate Laverge Tel. : +1 212 573 9287 Tel. : +1 917 940 7421 E-mail : shaun.fullalove@ab-inbev.com E-mail : kate.laverge@ab-inbev.com Maria Glukhova Ana Zenatti Tel. : +32 16 276 888 Tel. : +1 646 249 5440 E-mail : maria.glukhova@ab-inbev.com E-mail : ana.zenatti@ab-inbev.com Cyrus Nentin Michaël Cloots Tel : +1 646 746 9673 Tel. : +32 497 167 183 E-mail : cyrus.nentin@ab-inbev.com E-mail : michael.cloots@ab-inbev.com 4 May 2023 JSE Sponsor: Questco Corporate Advisory Proprietary Limited 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). Date: 04-05-2023 08:00:00 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.