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ABINBEV:  122,475   +1410 (+1.16%)  04/07/2025 15:48

ANHEUSER-BUSCH INBEV SA/NV - Disclosure Made According to the Requirements of the Law of 2 May 2007

Release Date: 04/07/2025 07:30
Code(s): ANH     PDF:  
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Disclosure Made According to 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")

Disclosure Made According to the
Requirements of the Law of 2 May 2007

Regulated information1

3 July 2025 – Anheuser-Busch InBev (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE:ANH) ("AB InBev")
("the Company") announces today, in accordance with article 14, first paragraph of the Law of 2 May 2007, that it
received two transparency notifications from BlackRock, Inc.: one on 1 July 2025 and one on 2 July 2025, in
accordance with articles 6 and 18 of the Law of 2 May 2007.

The percentage of total voting rights attached to shares held by BlackRock, Inc. has first crossed downwards the
threshold of 3% on 30 June 2025, as a result of disposals of voting securities or voting rights in the Company. Then,
the percentage of total voting rights attached to shares held by BlackRock, Inc. has crossed upwards the threshold
of 3% on 1 July 2025, as a result of acquisitions of voting securities or voting rights in the Company.

The transparency notification received on 1 July 2025 contains the following information:

      1.   Date notification: Notification dated 1 July 2025.
      2.   Reason for the notification: Acquisition or disposal of voting securities or voting rights.
      3.   Notification by: A parent undertaking or controlling person.
      4.   Persons subject to the notification obligation:

                                 Name                                                 Address (for legal entities)
            BlackRock, Inc.                                           50 Hudson Yards, New York, NY, 10001, U.S.A.
            BlackRock (Singapore) Limited                             20 Anson Road #18-01, Singapore, 79912, Singapore
            BlackRock Advisors (UK) Limited                           12 Throgmorton Avenue, London, EC2N 2DL, U.K.
            BlackRock Advisors, LLC                                   50 Hudson Yards, New York, NY, 10001, U.S.A.
                                                                      161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1,
            BlackRock Asset Management Canada Limited
                                                                      Canada
            BlackRock Asset Management Deutschland AG                 Lenbachplatz 1 1st Floor, Munich, 80333-MN3, Germany
                                                                      15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower, 3
            BlackRock Asset Management North Asia Limited
                                                                      Garden Road, Central, Hong Kong
            BlackRock Financial Management, Inc.                      50 Hudson Yards, New York, NY, 10001, U.S.A.
            BlackRock Fund Advisors                                   400 Howard Street, San Francisco, CA, 94105, U.S.A.
            BlackRock Institutional Trust Company, National
                                                                      400 Howard Street, San Francisco, CA, 94105, U.S.A.
            Association
            BlackRock Investment Management (Australia)               Level 37 Chifley Tower, 2 Chifley Square, Sydney NSW
            Limited                                                   2000, Australia
            BlackRock Investment Management (UK) Limited              12 Throgmorton Avenue, London, EC2N 2DL, U.K.
            BlackRock Investment Management, LLC                      1 University Square Drive, Princeton, NJ, 8540, U.S.A.
                                                                      1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main, Tokyo,
            BlackRock Japan Co., Ltd.
                                                                      100-8217, Japan
            Aperio Group, LLC                                         3 Harbor Dr Suite 204, Sausalito, CA 94965, U.S.A.
                                                                      Corporation Service Company, 251 Little Falls Drive,
            SpiderRock Advisors, LLC
                                                                      Wilmington, DE 19808, U.S.A.

      5.   Date of transaction: 30 June 2025
      6.   Threshold that is crossed (in %): 3
      7.   Denominator: 2,019,241,973
      8.   Details:


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.

                                          Previous
A) Voting rights                                                                      After the transaction
                                        notification
                                     # of voting rights              # of voting rights                    % of voting rights
                                                                 Linked to             Not linked to   Linked to      Not linked to
    Holders of voting rights
                                                                 securities           the securities   securities    the securities
BlackRock, Inc.                                 0                    0                                   0.00%

BlackRock (Singapore) Limited               495,777                67,543                                0.00%

BlackRock Advisors (UK)
Limited                                   15,779,071             16,115,627                              0.80%

BlackRock Advisors, LLC                     715,820               717,210                                0.04%

BlackRock Asset Management
Canada Limited                              1,104,907            1,112,290                               0.06%

BlackRock Asset Management
Deutschland AG                              3,901,348            3,889,700                               0.19%

BlackRock Asset Management
North Asia Limited                           40,617                23,858                                0.00%

BlackRock Financial
Management, Inc.                            192,902               114,481                                0.01%

BlackRock Fund Advisors                  17,605,767              17,709,624                              0.88%

BlackRock Institutional Trust
Company, National Association            12,248,659              12,358,243                              0.61%

BlackRock Investment
Management (Australia) Limited              439,487               438,693                                0.02%

BlackRock Investment
Management (UK) Limited                    6,497,402             4,894,607                               0.24%

BlackRock Investment
Management, LLC                              894,918              736,210                                0.04%

BlackRock Japan Co., Ltd.                   1,421,516            1,317,229                               0.07%

Aperio Group, LLC                             35,806               35,806                                0.00%

                                         61,373,997              59,531,121                              2.95%
           Subtotal
                                                                 59,531,121                 0            2.95%          0.00%
                                              TOTAL



 B) Equivalent financial
                                                                    After the transaction
      instruments
                                                                              # of voting rights
                                  Type of                        Exercise        that may be
 Holders of equivalent                              Expiration                                         % of voting
                                 financial                        period       acquired if the                        Settlement
 financial instruments                                date                                               rights
                                instrument                        or date       instrument is
                                                                                  exercised
BlackRock Financial            Contract for
Management, Inc.               Difference                                       5,087                    0.00%          cash

BlackRock Institutional
Trust Company, National        Contract for
Association                    Difference                                       11,098                   0.00%          cash
                               
BlackRock Investment           Contract for
Management (UK) Limited        Difference                                       854                      0.00%          cash

BlackRock Investment           Contract for
Management, LLC                Difference                                       4,433                    0.00%          cash

BlackRock Advisors (UK)        Securities
Limited                        Lent                                             85,418                   0.00%          physical

BlackRock Investment           Securities
Management (UK) Limited        Lent                                             395,018                  0.02%          physical

BlackRock Institutional
Trust Company, National        Depositary
Association                    Receipt                                          4,149                    0.00%
                              
                               Depositary
Aperio Group, LLC              Receipt                                          862,151                  0.04%
                               

                               Depositary
SpiderRock Advisors, LLC       Receipt                                          470                      0.00%
                                

                                TOTAL                                           1,368,678                0.07%


                                                                                                     % of voting
                                TOTAL (A & B)                             # of voting rights
                                                                                                        rights
                                                                               60,899,799                3.02%


    9. Chain of controlled entities through which the shareholding is effectively held: Included in annex.
    10. Additional information: The disclosure obligation arose due to voting rights attached to shares for
        BlackRock, Inc. going below 3%.

The transparency notification received on 2 July 2025 contains the following information:

    1.   Date notification: Notification dated 2 July 2025.
    2.   Reason for the notification: Acquisition or disposal of voting securities or voting rights.
    3.   Notification by: A parent undertaking or controlling person.
    4.   Persons subject to the notification obligation:

                               Name                                             Address (for legal entities)
          BlackRock, Inc.                                       50 Hudson Yards, New York, NY, 10001, U.S.A.
          BlackRock (Singapore) Limited                         20 Anson Road #18-01, Singapore, 79912, Singapore
          BlackRock Advisors (UK) Limited                       12 Throgmorton Avenue, London, EC2N 2DL, U.K.
          BlackRock Advisors, LLC                               50 Hudson Yards, New York, NY, 10001, U.S.A.
                                                                161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1,
          BlackRock Asset Management Canada Limited
                                                                Canada
          BlackRock Asset Management Deutschland AG             Lenbachplatz 1 1st Floor, Munich, 80333-MN3, Germany
                                                                15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower, 3
          BlackRock Asset Management North Asia Limited
                                                                Garden Road, Central, Hong Kong
          BlackRock Financial Management, Inc.                  50 Hudson Yards, New York, NY, 10001, U.S.A.
          BlackRock Fund Advisors                               400 Howard Street, San Francisco, CA, 94105, U.S.A.
          BlackRock Institutional Trust Company, National
                                                                400 Howard Street, San Francisco, CA, 94105, U.S.A.
          Association
          BlackRock Investment Management (Australia)           Level 37 Chifley Tower, 2 Chifley Square, Sydney NSW
          Limited                                               2000, Australia
          BlackRock Investment Management (UK) Limited          12 Throgmorton Avenue, London, EC2N 2DL, U.K.
          BlackRock Investment Management, LLC                  1 University Square Drive, Princeton, NJ, 8540, U.S.A.
                                                                1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main, Tokyo,
          BlackRock Japan Co., Ltd.
                                                                100-8217, Japan
          Aperio Group, LLC                                     3 Harbor Dr Suite 204, Sausalito, CA 94965, U.S.A.
                                                                Corporation Service Company, 251 Little Falls Drive,
          SpiderRock Advisors, LLC
                                                                Wilmington, DE 19808, U.S.A.

    5.   Date of transaction: 1 July 2025
    6.   Threshold that is crossed (in %): 3
    7.   Denominator: 2,019,241,973
    8.   Details:

                                         Previous
 A) Voting rights                                                              After the transaction
                                        notification
                                        # of voting
                                          rights                 # of voting rights                 % of voting rights
                                                            Linked to           Not linked to   Linked to      Not linked to
     Holders of voting rights
                                                            securities         the securities   securities    the securities
 BlackRock, Inc.                             0                  0                                0.00%

 BlackRock (Singapore) Limited            67,543            716,824                              0.04%

 BlackRock Advisors (UK)
 Limited                                16,115,627       16,312,225                              0.81%
 
 BlackRock Advisors, LLC                 717,210            762,894                              0.04%

 BlackRock Asset Management
 Canada Limited                          1,112,290          1,113,418                            0.06%
 
 BlackRock Asset Management
 Deutschland AG                          3,889,700          3,891,152                            0.19%
 
 BlackRock Asset Management
 North Asia Limited                       23,858             32,225                              0.00%

 BlackRock Financial
 Management, Inc.                         114,481            218,447                             0.01%

BlackRock Fund Advisors                 17,709,624           17,699,680                          0.88%

BlackRock Institutional Trust
Company, National Association           12,358,243           12,362,357                          0.61%

BlackRock Investment
Management (Australia) Limited            438,693             438,693                            0.02%

BlackRock Investment
Management (UK) Limited                 4,894,607            6,647,565                           0.33%

BlackRock Investment
Management, LLC                          736,210             1,025,379                           0.05%

BlackRock Japan Co., Ltd.               1,317,229            1,247,467                           0.06%

Aperio Group, LLC                       35,806                35,806                             0.00%

           Subtotal                    59,531,121           62,504,132                           3.10%

                                                         62,504,132                  0           3.10%         0.00%
                                      TOTAL



 B) Equivalent financial
                                                                  After the transaction
      instruments
                                                                            # of voting rights
                                                                Exercise       that may be
  Holders of equivalent     Type of financial    Expiration                                      % of voting
                                                                 period      acquired if the                   Settlement
  financial instruments       instrument           date                                            rights
                                                                 or date      instrument is
                                                                                exercised
BlackRock Financial         Contract for
Management, Inc.            Difference                                        48,319                0.00%         cash

BlackRock Institutional
Trust Company, National     Contract for
Association                 Difference                                        41,222                0.00%         cash
                            
BlackRock Investment        Contract for
Management (UK) Limited     Difference                                        854                   0.00%         cash
    
BlackRock Investment        Contract for
Management, LLC             Difference                                        4,433                 0.00%         cash
            
BlackRock Advisors (UK)
Limited                     Securities Lent                                   69,143                0.00%         physical

BlackRock Investment
Management (UK) Limited     Securities Lent                                   389,851               0.02%         physical

BlackRock Institutional
Trust Company, National     Depositary
Association                 Receipt                                           4,149                 0.00%
                            
                            Depositary
Aperio Group, LLC           Receipt                                           937,199               0.05%
                            
                            Depositary
SpiderRock Advisors, LLC    Receipt                                           470                   0.00%
                            

                            TOTAL                                             1,495,640             0.07%


                                                                                                    % of
                            TOTAL (A & B)                                  # of voting rights      voting
                                                                                                   rights
                                                                              63,999,772            3.17%


   9. Chain of controlled entities through which the shareholding is effectively held: Included in annex.
   10. Additional information: The disclosure obligation arose due to voting rights attached to shares for
       BlackRock, Inc. going above 3%.

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®, 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 144 000 colleagues based in nearly 50 countries worldwide. For 2024, AB InBev's
reported revenue was 59.8 billion USD (excluding JVs and associates).



Anheuser-Busch 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

4 July 2025
JSE Sponsor: Questco Corporate Advisory Proprietary Limited




Annex: Full chain of controlled undertakings through which the holding is effectively held, if applicable:

 BlackRock, Inc.                          BlackRock, Inc.                          BlackRock, Inc.
 BlackRock Finance, Inc.                  BlackRock Finance, Inc.                  BlackRock Finance, Inc.
 BlackRock Holdco 2, Inc.                 BlackRock Holdco 2, Inc.                 BlackRock Holdco 2, Inc.
 BlackRock Financial Management, Inc.     BlackRock Financial Management, Inc.     BlackRock Financial Management, Inc.
 BlackRock International Holdings, Inc.   BlackRock Holdco 4, LLC                  BlackRock Capital Holdings, Inc.
 BR Jersey International Holdings L.P.    BlackRock Holdco 6, LLC                  BlackRock Advisors, LLC
 BlackRock (Singapore) Holdco Pte.        BlackRock Delaware Holdings Inc.
 Ltd.                                     BlackRock Fund Advisors                  BlackRock, Inc.
 BlackRock HK Holdco Limited                                                       BlackRock Finance, Inc.
 BlackRock Lux Finco S.a.r.l.             BlackRock, Inc.                          BlackRock Holdco 2, Inc.
 BlackRock Japan Holdings GK              BlackRock Finance, Inc.                  BlackRock Financial Management, Inc.
 BlackRock Japan Co., Ltd.                BlackRock Holdco 2, Inc.                 BlackRock International Holdings, Inc.
                                          BlackRock Financial Management, Inc.     BR Jersey International Holdings L.P.
 BlackRock, Inc.                                                                   BlackRock Holdco 3, LLC
 BlackRock Finance, Inc.                  BlackRock, Inc.                          BlackRock Cayman 1 LP
 Trident Merger, LLC                      BlackRock Finance, Inc.                  BlackRock Cayman West Bay Finco
 BlackRock Investment Management,         BlackRock Holdco 2, Inc.                 Limited
 LLC                                      BlackRock Financial Management, Inc.     BlackRock Cayman West Bay IV
                                          BlackRock International Holdings, Inc.   Limited
 BlackRock, Inc.                          BR Jersey International Holdings L.P.    BlackRock Group Limited
 BlackRock Finance, Inc.                  BlackRock (Singapore) Holdco Pte.        BlackRock Finance Europe Limited
 BlackRock Holdco 2, Inc.                 Ltd.                                     BlackRock Advisors (UK) Limited
 BlackRock Financial Management, Inc.     BlackRock HK Holdco Limited
 BlackRock International Holdings, Inc.   BlackRock Asset Management North         BlackRock, Inc.
 BR Jersey International Holdings L.P.    Asia Limited                             BlackRock Finance, Inc.
 BlackRock Holdco 3, LLC                                                           BlackRock Holdco 2, Inc.
 BlackRock Cayman 1 LP                    BlackRock, Inc.                          BlackRock Financial Management, Inc.
 BlackRock Cayman West Bay Finco          BlackRock Finance, Inc.                  BlackRock International Holdings, Inc.
 Limited                                  BlackRock Holdco 2, Inc.                 BR Jersey International Holdings L.P.
 BlackRock Cayman West Bay IV             BlackRock Financial Management, Inc.     BlackRock (Singapore) Holdco Pte.
 Limited                                  BlackRock International Holdings, Inc.   Ltd.
 BlackRock Group Limited                  BR Jersey International Holdings L.P.    BlackRock (Singapore) Limited
 BlackRock Finance Europe Limited         BlackRock Holdco 3, LLC
 BlackRock Investment Management          BlackRock Cayman 1 LP                    BlackRock, Inc.
 (UK) Limited                             BlackRock Cayman West Bay Finco          BlackRock Finance, Inc.
                                          Limited                                  Trident Merger, LLC
 BlackRock, Inc.                          BlackRock Cayman West Bay IV             BlackRock Investment Management,
 BlackRock Finance, Inc.                  Limited                                  LLC
 BlackRock Holdco 2, Inc.                 BlackRock Group Limited                  Amethyst Intermediate, LLC
 BlackRock Financial Management, Inc.     BlackRock Finance Europe Limited         Aperio Holdings, LLC
 BlackRock International Holdings, Inc.   BlackRock (Netherlands) B.V.             Aperio Group, LLC
 BR Jersey International Holdings L.P.    BlackRock Asset Management
 BlackRock Australia Holdco Pty. Ltd.     Deutschland AG                           BlackRock, Inc.
 BlackRock Investment Management                                                   BlackRock Finance, Inc.
 (Australia) Limited                      BlackRock, Inc.                          Trident Merger, LLC
                                          BlackRock Finance, Inc.                  Web Holdings, LLC
 BlackRock, Inc.                          BlackRock Holdco 2, Inc.                 SpiderRock Advisors, LLC
 BlackRock Finance, Inc.                  BlackRock Financial Management, Inc.
 BlackRock Holdco 2, Inc.                 BlackRock International Holdings, Inc.
 BlackRock Financial Management, Inc.     BlackRock Canada Holdings ULC
 BlackRock Holdco 4, LLC                  BlackRock Asset Management Canada
 BlackRock Holdco 6, LLC                  Limited
 BlackRock Delaware Holdings Inc.
 BlackRock Institutional Trust
 Company, National Association





Date: 04-07-2025 07:30:00
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