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 2023 Regulated information1 November 27, 2023 – 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 2023, 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 for an amount of 1 billion USD2 during a 12- month period. Further to the launch of the share buy-back program announced on 31 October 2023, AB InBev reports the purchase of 1,630,483 AB InBev shares in the central order book of Euronext Brussels in the period from 20-Nov- 2023 up to and including 24-Nov-2023. The shares were repurchased at an average price of 57.1288 per share for a total consideration of € 93,147,525.80. Average Lowest Highest Date of Number of Total amount Total amount price price price repurchase shares (EUR) (USD) (EUR) (EUR) (EUR) 20-Nov-23 320,452 €18,088,246.41 $19,745,129.78 56.4460 56.2500 56.6100 21-Nov-23 322,169 €18,265,313.46 $20,005,997.84 56.6948 56.2800 56.8800 22-Nov-23 327,663 €18,784,261.19 $20,504,899.51 57.3280 56.9600 57.6400 23-Nov-23 328,608 €18,909,297.17 $20,637,606.93 57.5436 57.3800 57.6800 24-Nov-23 331,591 €19,100,407.58 $20,834,724.58 57.6023 57.3800 57.8300 Total 1,630,483 €93,147,525.80 $101,728,358.64 57.1288 56.2500 57.8300 Since the start of the share buy-back program on 13 November 2023, AB InBev has bought back 3,200,715 shares for a total amount of 181,491,973.58 EUR (197,065,134.78 USD) under the share buy-back program. This corresponds to 0.16% of the total shares outstanding. 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. 2 As at 31 October 2023 market close, this amount represented 17,632,416 shares. Such number of shares will fluctuate depending on market fluctuations. ab-inbev.com 1 The overview relating to the share buy-back program is available on http://www.ab-inbev.com/investors.html and will be updated on a weekly basis. 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 Fallon Buckelew Tel: +1 212 573 9287 Tel: +1 310 592 6319 E-mail: shaun.fullalove@ab-inbev.com E-mail: fallon.buckelew@ab-inbev.com Maria Glukhova Michaël Cloots Tel: +32 16 276 888 Tel: +32 497 167 183 E-mail: maria.glukhova@ab-inbev.com E-mail: michael.cloots@ab-inbev.com Cyrus Nentin Tel: +1 646 746 9673 E-mail: cyrus.nentin@ab-inbev.com 28 November 2023 JSE Sponsor: Questco Corporate Advisory Proprietary Limited ab-inbev.com 2