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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 two
transparency notifications from BlackRock, Inc.: one on 19 May 2025 and one on 21 May 2025, in accordance
with articles 6 and 18 of the Law of 2 May 2007.
The percentage of total voting rights held by BlackRock, Inc. has first crossed upwards the threshold of 3% on
16 May 2025, as a result of acquisitions of voting securities or voting rights in the Company. Then, the
percentage of total voting rights held by BlackRock, Inc. has crossed downwards the threshold of 3% on
19 May 2025, as a result of disposals of voting securities or voting rights in the Company.
The transparency notification received on 19 May 2025 contains the following information:
1. Date notification: Notification dated 19 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.
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.
Corporation Service Company, 251 Little Falls Drive,
SpiderRock Advisors, LLC
Wilmington, DE 19808, U.S.A.
5. Date of transaction: 16 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)
180,861 53,672 0.00%
Limited
BlackRock Advisors (UK)
15,561,928 16,609,538 0.82%
Limited
BlackRock Advisors, LLC 812,198 808,542 0.04%
BlackRock Asset
Management Canada 1,057,158 1,061,345 0.05%
Limited
BlackRock Asset
Management Deutschland 4,034,705 4,070,956 0.20%
AG
BlackRock Asset
Management North Asia 22,687 22,687 0.00%
Limited
BlackRock Financial
116,548 127,384 0.01%
Management, Inc.
BlackRock Fund Advisors 15,922,341 15,962,117 0.79%
BlackRock Institutional Trust
Company, National 11,197,545 11,235,094 0.56%
Association
BlackRock Investment
Management (Australia) 449,584 446,092 0.02%
Limited
BlackRock Investment
5,361,219 6,961,349 0.34%
Management (UK) Limited
BlackRock Investment
907,448 790,629 0.04%
Management, LLC
BlackRock Japan Co., Ltd. 1,332,179 1,329,049 0.07%
Aperio Group, LLC 35,842 35,842 0.00%
56,992,244 59,514,296 2.95%
Subtotal
ab-inbev.com
59,514,296 0 2.95% 0.00%
TOTAL
B) Equivalent
financial After the transaction
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 Advisors Securities
176,536 0.01% physical
(UK) Limited Lent
BlackRock Financial Contract for
75,631 0.00% cash
Management, Inc. Difference
BlackRock
Institutional Trust Contract for
88,016 0.00% cash
Company, National Difference
Association
BlackRock
Investment Contract for
956 0.00% cash
Management (UK) Difference
Limited
BlackRock
Contract for
Investment 4,244 0.00% cash
Difference
Management, LLC
BlackRock
Institutional Trust Depositary
4,149 0.00%
Company, National Receipt
Association
Depositary
Aperio Group, LLC 817,911 0.04%
Receipt
SpiderRock Depositary
278 0.00%
Advisors, LLC Receipt
TOTAL 1,167,721 0.06%
% of
# of voting
TOTAL (A & B) voting
rights
rights
60,682,017 3.01%
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%.
ab-inbev.com
The transparency notification received on 21 May 2025 contains the following information:
1. Date notification: Notification dated 20 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 Capital Management, Inc. 100 Bellevue Parkway, Wilmington, 19809, U.S.A.
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: 19 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)
53,672 79,446 0.00%
Limited
BlackRock Advisors (UK)
16,609,538 14,228,977 0.70%
Limited
ab-inbev.com
BlackRock Advisors, LLC 808,542 814,000 0.04%
BlackRock Asset
Management Canada 1,061,345 1,064,384 0.05%
Limited
BlackRock Asset
Management Deutschland 4,070,956 4,005,940 0.20%
AG
BlackRock Asset
Management North Asia 22,687 22,687 0.00%
Limited
BlackRock Capital
0 4 0.00%
Management, Inc.
BlackRock Financial
127,384 232,983 0.01%
Management, Inc.
BlackRock Fund Advisors 15,962,117 15,962,357 0.79%
BlackRock Institutional Trust
Company, National 11,235,094 11,236,559 0.56%
Association
BlackRock Investment
Management (Australia) 446,092 446,092 0.02%
Limited
BlackRock Investment
6,961,349 7,267,409 0.36%
Management (UK) Limited
BlackRock Investment
790,629 754,173 0.04%
Management, LLC
BlackRock Japan Co., Ltd. 1,329,049 1,330,478 0.07%
Aperio Group, LLC 35,842 35,842 0.00%
59,514,296 57,481,331 2.85%
Subtotal
57,481,331 0 2.85% 0.00%
TOTAL
B) Equivalent
financial After the transaction
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 is rights
instruments
exercised
BlackRock Advisors Securities
176,536 0.01% physical
(UK) Limited Lent
BlackRock
Contract
Financial 73,588 0.00% cash
Difference
Management, Inc.
ab-inbev.com
BlackRock
Institutional Trust Contract
87,617 0.00% cash
Company, National Difference
Association
BlackRock
Investment Contract
956 0.00% cash
Management (UK) Difference
Limited
BlackRock
Contract
Investment 4,244 0.00% cash
Difference
Management, LLC
BlackRock Depositary
6,152 0.00%
(Singapore) Limited Receipt
BlackRock
Depositary
Financial 16,400 0.00%
Receipt
Management, Inc.
BlackRock
Institutional Trust Depositary
4,149 0.00%
Company, National Receipt
Association
Depositary
Aperio Group, LLC 818,440 0.04%
Receipt
SpiderRock Depositary
278 0.00%
Advisors, LLC Receipt
TOTAL 1,188,360 0.06%
% of
# of voting
TOTAL (A & B) voting
rights
rights
58,669,691 2.91%
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
23 May 2025
JSE Sponsor: Questco Corporate Advisory Proprietary Limited
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