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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”)
Regulated information1
Disclosure Made According to the
Requirements of the Law of 2 May 2007
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 one
transparency notification on 12 May 2025,one transparency notification on 13 May 2025 and one transparency
notification on 15 May 2025, in accordance with articles 6 and 18 of the Law of 2 May 2007.
The percentage of total voting rights and voting rights attached to shares held by BlackRock, Inc. has first
crossed upwards the threshold of 3% on 8 May 2025, as a result of acquisitions of voting securities or voting
rights in the Company. Then the percentage of voting rights attached to shares held by BlackRock, Inc. has
crossed downwards the threshold of 3% on 9 May 2025 and the percentage of total voting rights held by
BlackRock, Inc. has crossed downwards the threshold of 3% on 12 May 2025, as a result of disposals of voting
securities or voting rights in the Company.
The transparency notification received on 12 May 2025 contains the following information:
1. Date notification: Notification dated 9 May 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.
Rembrandt Tower, 17th floor, Amstelplein,
BlackRock (Netherlands) B.V.
Amsterdam, Netherlands
20 Anson Road #18-01, Singapore, 79912,
BlackRock (Singapore) Limited
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.
One Waverley Place, 4th Floor, Union Street, St.
BlackRock (Channel Islands) Limited
Helier, JE1 0BR, Jersey
BlackRock Asset Management Canada 161 Bay Street, Suite 2500, Toronto, Ontario, M5J
Limited 2S1, Canada
BlackRock Asset Management Deutschland Lenbachplatz 1 1st Floor, Munich, 80333-MN3,
AG Germany
BlackRock Asset Management North Asia 15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower,
Limited 3 Garden Road, Central, Hong Kong
6D, Route de Trèves, Senningerberg, L-2633,
BlackRock (Luxembourg) S.A.
Luxembourg
100 Bellevue Parkway, Wilmington, DE 19809,
BlackRock Capital Management, Inc.
U.S.A.
BlackRock Financial Management, Inc. 50 Hudson Yards, New York, NY, 10001, U.S.A.
ab-inbev.com
1The 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.
400 Howard Street, San Francisco, CA, 94105,
BlackRock Fund Advisors
U.S.A.
BlackRock Fund Managers Limited 12 Throgmorton Avenue, London, EC2N 2DL, U.K.
BlackRock Institutional Trust Company, 400 Howard Street, San Francisco, CA, 94105,
National Association U.S.A.
Exchange Place One, 1 Semple Street, Edinburgh,
BlackRock International Limited
EH3 8BL, U.K.
BlackRock Investment Management Level 37 Chifley Tower, 2 Chifley Square, Sydney
(Australia) Limited NSW 2000, Australia
BlackRock Fund Management Company
49, Avenue J.F. Kennedy, L-1855, Luxembourg
S.A.
BlackRock Investment Management (UK)
12 Throgmorton Avenue, London, EC2N 2DL, U.K.
Limited
1 University Square Drive, Princeton, NJ, 8540,
BlackRock Investment Management, LLC
U.S.A.
1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main,
BlackRock Japan Co., Ltd.
Tokyo, 100-8217, Japan
BlackRock Life Limited 12 Throgmorton Avenue, London, EC2N 2DL, U.K.
BlackRock Asset Management Ireland 1st Floor, 2 Ballsbridge Park, Ballsbridge, Dublin,
Limited D04 YW83. Ireland
iShares (DE) I Investmentaktiengesellschaft Lenbachplatz 1 1st Floor, Munich, 80333-MN3,
mit Teilgesellschaftsvermögen Germany
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: 8 May 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
Not Not
Linked to linked to Linked to linked to
Holders of voting rights
securities the securities the
securities securities
BlackRock, Inc. 0 0 0.00%
BlackRock (Netherlands)
380,570 0 0.00%
B.V.
BlackRock (Singapore)
0 139,714 0.01%
Limited
BlackRock Advisors (UK)
2,121,844 17,592,163 0.87%
Limited
BlackRock Advisors, LLC 3,303,731 811,141 0.04%
BlackRock (Channel Islands)
97,491 0 0.00%
Limited
BlackRock Asset
Management Canada 285,819 1,055,231 0.05%
Limited
ab-inbev.com
BlackRock Asset
Management Deutschland 2,791,727 4,031,237 0.20%
AG
BlackRock Asset
Management North Asia 0 22,687 0.00%
Limited
BlackRock (Luxembourg)
3,636,338 0 0.00%
S.A.
BlackRock Capital
13,628 0 0.00%
Management, Inc.
BlackRock Financial
636,514 146,796 0.01%
Management, Inc.
BlackRock Fund Advisors 6,222,503 15,891,345 0.79%
BlackRock Fund Managers
991,258 0 0.00%
Limited
BlackRock Institutional Trust
Company, National 13,772,387 11,182,839 0.55%
Association
BlackRock International
241,212 0 0.00%
Limited
BlackRock Investment
Management (Australia) 477,700 449,314 0.02%
Limited
BlackRock Fund
43,123 0 0.00%
Management Company S.A.
BlackRock Investment
2,395,719 7,387,188 0.37%
Management (UK) Limited
BlackRock Investment
1,991,673 795,398 0.04%
Management, LLC
BlackRock Japan Co., Ltd. 1,430,532 1,338,509 0.07%
BlackRock Life Limited 2,466,003 0 0.00%
BlackRock Asset
4,794,029 0 0.00%
Management Ireland Limited
iShares (DE) I
Investmentaktiengesellschaft
139,532 0 0.00%
mit
Teilgesellschaftsvermögen
Aperio Group, LLC 0 35,842 0.00%
48,233,333 60,879,405 3.01%
Subtotal
60,879,405 0 3.01% 0.00%
TOTAL
ab-inbev.com
B)
Equivalent
After the transaction
financial
instruments
# of voting
Holders of
Type of Exercise rights that may % of
equivalent Expiration
financial period or be acquired if voting Settlement
financial date
instrument date the instrument rights
instruments
is exercised
BlackRock
Contract
Advisors, 45,658 0.00% cash
Difference
LLC
BlackRock
Financial Contract
50,444 0.00% cash
Management Difference
, Inc.
BlackRock
Institutional
Trust Contract
52,790 0.00% cash
Company, Difference
National
Association
BlackRock
Investment Contract
956 0.00% cash
Management Difference
(UK) Limited
BlackRock
Investment Contract
4,651 0.00% cash
Management Difference
, LLC
BlackRock
Institutional
Trust Depositary
4,149 0.00%
Company, Receipt
National
Association
BlackRock
Investment Depositary
5,694 0.00%
Management Receipt
(UK) Limited
Aperio Depositary
803,561 0.04%
Group, LLC Receipt
SpiderRock
Depositary
Advisors, 278 0.00%
Receipt
LLC
TOTAL 968,181 0.05%
% of
# of voting
TOTAL (A & B) voting
rights
rights
61,847,586 3.06%
ab-inbev.com
9. Chain of controlled entities through which the shareholding is effectively held: Included in annex to the
notification.
10. Additional information: The disclosure obligation arose due to total holdings in voting rights for
BlackRock, Inc. going above 3%. Additionally, voting rights attached to shares for BlackRock, Inc went
above 3%.
The transparency notification received on 13 May 2025 contains the following information:
1. Date notification: Notification dated 12 May 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.
20 Anson Road #18-01, Singapore, 79912,
BlackRock (Singapore) Limited
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.
BlackRock Asset Management Canada 161 Bay Street, Suite 2500, Toronto, Ontario, M5J
Limited 2S1, Canada
BlackRock Asset Management Deutschland Lenbachplatz 1 1st Floor, Munich, 80333-MN3,
AG Germany
BlackRock Asset Management North Asia 15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower,
Limited 3 Garden Road, Central, Hong Kong
BlackRock Financial Management, Inc. 50 Hudson Yards, New York, NY, 10001, U.S.A.
400 Howard Street, San Francisco, CA, 94105,
BlackRock Fund Advisors
U.S.A.
BlackRock Institutional Trust Company, 400 Howard Street, San Francisco, CA, 94105,
National Association U.S.A.
BlackRock Investment Management Level 37 Chifley Tower, 2 Chifley Square, Sydney
(Australia) Limited NSW 2000, Australia
BlackRock Investment Management (UK)
12 Throgmorton Avenue, London, EC2N 2DL, U.K.
Limited
1 University Square Drive, Princeton, NJ, 8540,
BlackRock Investment Management, LLC
U.S.A.
1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main,
BlackRock Japan Co., Ltd.
Tokyo, 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: 9 May 2025
6. Threshold that is crossed (in %): 3
7. Denominator: 2,019,241,973
8. Details:
ab-inbev.com
Previous
A) Voting rights After the transaction
notification
# of voting rights # of voting rights % of voting rights
Not Not
Linked to linked to Linked to linked to
Holders of voting rights
securities the securities the
securities securities
BlackRock, Inc. 0 0 0.00%
BlackRock (Singapore)
139,714 263,463 0.01%
Limited
BlackRock Advisors (UK)
17,592,163 18,870,972 0.93%
Limited
BlackRock Advisors, LLC 811,141 812,198 0.04%
BlackRock Asset
Management Canada 1,055,231 1,057,179 0.05%
Limited
BlackRock Asset
Management Deutschland 4,031,237 4,034,705 0.20%
AG
BlackRock Asset
Management North Asia 22,687 22,687 0.00%
Limited
BlackRock Financial
146,796 150,308 0.01%
Management, Inc.
BlackRock Fund Advisors 15,891,345 15,914,195 0.79%
BlackRock Institutional Trust
Company, National 11,182,839 11,182,198 0.55%
Association
BlackRock Investment
Management (Australia) 449,314 449,584 0.02%
Limited
BlackRock Investment
7,387,188 5,254,483 0.26%
Management (UK) Limited
BlackRock Investment
795,398 786,841 0.04%
Management, LLC
BlackRock Japan Co., Ltd. 1,338,509 1,332,179 0.07%
Aperio Group, LLC 35,842 35,842 0.00%
60,879,405 60,166,834 2.98%
Subtotal
60,166,834 0 2.98% 0.00%
TOTAL
ab-inbev.com
B)
Equivalent
After the transaction
financial
instruments
# of voting
Holders of
Type of Exercise rights that may % of
equivalent Expiration
financial period or be acquired if voting Settlement
financial date
instrument date the instrument rights
instruments
is exercised
BlackRock
Contract
Advisors, 45,658 0.00% cash
Difference
LLC
BlackRock
Financial Contract
56,894 0.00% cash
Management Difference
, Inc.
BlackRock
Institutional
Trust Contract
56,726 0.00% cash
Company, Difference
National
Association
BlackRock
Investment Contract
956 0.00% cash
Management Difference
(UK) Limited
BlackRock
Investment Contract
4,651 0.00% cash
Management Difference
, LLC
BlackRock
Institutional
Trust Depositary
4,149 0.00%
Company, Receipt
National
Association
Aperio Depositary
804,675 0.04%
Group, LLC Receipt
SpiderRock
Depositary
Advisors, 278 0.00%
Receipt
LLC
TOTAL 973,987 0.05%
% of
# of voting
TOTAL (A & B) voting
rights
rights
61,140,821 3.03%
9. Chain of controlled entities through which the shareholding is effectively held: Included in annex to the
notification.
10. Additional information: The disclosure obligation arose due to voting rights attached to shares for
BlackRock, Inc. going below 3%.
ab-inbev.com
The transparency notification received on 15 May 2025 contains the following information:
1. Date notification: Notification dated 14 May 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.
20 Anson Road #18-01, Singapore, 79912,
BlackRock (Singapore) Limited
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.
BlackRock Asset Management Canada 161 Bay Street, Suite 2500, Toronto, Ontario, M5J
Limited 2S1, Canada
BlackRock Asset Management Deutschland Lenbachplatz 1 1st Floor, Munich, 80333-MN3,
AG Germany
BlackRock Asset Management North Asia 15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower,
Limited 3 Garden Road, Central, Hong Kong
BlackRock Financial Management, Inc. 50 Hudson Yards, New York, NY, 10001, U.S.A.
400 Howard Street, San Francisco, CA, 94105,
BlackRock Fund Advisors
U.S.A.
BlackRock Institutional Trust Company, 400 Howard Street, San Francisco, CA, 94105,
National Association U.S.A.
BlackRock Investment Management Level 37 Chifley Tower, 2 Chifley Square, Sydney
(Australia) Limited NSW 2000, Australia
BlackRock Investment Management (UK)
12 Throgmorton Avenue, London, EC2N 2DL, U.K.
Limited
1 University Square Drive, Princeton, NJ, 8540,
BlackRock Investment Management, LLC
U.S.A.
1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main,
BlackRock Japan Co., Ltd.
Tokyo, 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: 12 May 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
Not Not
Linked to linked to Linked to linked to
Holders of voting rights
securities the securities the
securities securities
BlackRock, Inc. 0 0 0.00%
BlackRock (Singapore)
263,463 180,861 0.01%
Limited
BlackRock Advisors (UK)
18,870,972 15,561,928 0.77%
Limited
ab-inbev.com
BlackRock Advisors, LLC 812,198 812,198 0.04%
BlackRock Asset
Management Canada 1,057,179 1,057,158 0.05%
Limited
BlackRock Asset
Management Deutschland 4,034,705 4,034,705 0.20%
AG
BlackRock Asset
Management North Asia 22,687 22,687 0.00%
Limited
BlackRock Financial
150,308 116,548 0.01%
Management, Inc.
BlackRock Fund Advisors 15,914,195 15,922,341 0.79%
BlackRock Institutional Trust
Company, National 11,182,198 11,197,545 0.55%
Association
BlackRock Investment
Management (Australia) 449,584 449,584 0.02%
Limited
BlackRock Investment
5,254,483 5,361,219 0.27%
Management (UK) Limited
BlackRock Investment
786,841 907,448 0.04%
Management, LLC
BlackRock Japan Co., Ltd. 1,332,179 1,332,179 0.07%
Aperio Group, LLC 35,842 35,842 0.00%
60,166,834 56,992,244 2.82%
Subtotal
56,992,244 0 2.82% 0.00%
TOTAL
B)
Equivalent
After the transaction
financial
instruments
# of voting
Holders of
Type of Exercise rights that may % of
equivalent Expiration
financial period or be acquired if voting Settlement
financial date
instrument date the instrument rights
instruments
is exercised
BlackRock
Contract
Advisors, 45,658 0.00% cash
Difference
LLC
BlackRock
Financial Contract
65,413 0.00% cash
Management Difference
, Inc.
ab-inbev.com
BlackRock
Institutional
Trust Contract
65,789 0.00% cash
Company, Difference
National
Association
BlackRock
Investment Contract
956 0.00% cash
Management Difference
(UK) Limited
BlackRock
Investment Contract
4,651 0.00% cash
Management Difference
, LLC
BlackRock
Institutional
Trust Depositary
4,149 0.00%
Company, Receipt
National
Association
Blackrock
Investment Depositary
10,630 0.00%
Management Receipt
(UK) Limited
BlackRock
Depositary
Japan Co., 46,600 0.00%
Receipt
Ltd.
Aperio Depositary
805,726 0.04%
Group, LLC Receipt
SpiderRock
Depositary
Advisors, 278 0.00%
Receipt
LLC
TOTAL 1,049,850 0.05%
% of
# of voting
TOTAL (A & B) voting
rights
rights
58,042,094 2.87%
9. Chain of controlled entities through which the shareholding is effectively held: Included in annex to the
notification.
10. Additional information: The disclosure obligation arose due to total holdings in voting rights for
BlackRock, Inc. going below 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.
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
16 May 2025
JSE Sponsor: Questco Corporate Advisory Proprietary Limited
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