Brussels - 15 May 2026 - 18:00 CET Regulated information1
Disclosure Made According to the Requirements of the Law of 2 May 200715 May 2026 - 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 a transparency notification in accordance with articles 6 and 18 of the Law of 2 May 2007.
Following the dissolution of EPS Participations, a shareholder of the Company and holder of certificates issued by Stichting Anheuser-Busch InBev, EPS Participations' shareholding in Anheuser-Busch InBev decreased from 3.33% to 0%, and the direct shareholding of EPS, the parent company of EPS Participations, increased from 0% to 3.33%. This transaction does not change the aggregate shareholding of the persons subject to the notification obligation.
Separately, prompted by the delivery of treasury shares by AB InBev, the percentage of voting rights attached to shares held by AB InBev has crossed downwards the threshold of 3% and the percentage of voting rights attached to shares held in aggregate by AB InBev and certain of the entities and persons acting in concert with it has crossed downwards the threshold of 40%.
The transparency notification contains the following information:
Date notification: Notification dated 13 May 2026.
Reason for the notification: Acquisition or disposal of voting securities or voting rights.
Notification by: A parent undertaking or a controlling person; Persons acting in concert.
Persons subject to the notification obligation:
Name
Address (for legal entities)
Max Van Hoegaerden Herrmann Telles
M. Jorge Paulo Lemann
M. Carlos Alberto da Veiga Sicupira
BRC Sàrl (Luxembourg law)
2 Boulevard de la Foire, L 1528 Luxembourg
EPS SA (Luxembourg law)
488 Route de Longwy, L 1940 Luxembourg
Stichting Anheuser-Busch InBev (Dutch law)
760 Amstelveenseweg, 1081 JK Amsterdam
Anheuser-Busch InBev SA
1 Grand Place, 1000 Brussels
Rayvax Société d'investissements SA
88 Rue Gachard, 1050 Ixelles
Stichting Fonds InBev Baillet Latour
Cerastraat 1, 4811 Breda, Netherlands
Fonds Verhelst SC
1 Brouwerijplein, 3000 Leuven
Date of transaction: 13 May 2026
Threshold that is crossed (in %): 3
Denominator: 2,019,241,973
Details:
ab-inbev.comPress Release - 15 May 2026 - 1
1The enclosed information constitutes regulated information as defined in the Belgian Royal Decree of 14 November 2007 regarding the
A) Voting rights
Previous notification
After the transaction
# of voting rights
# of voting rights
% of voting rights
Holders of voting rights
Linked to securities
Not linked to the
securities
Linked to securities
Not linked to the
securities
M. Jorge Paulo Lemann
0
0
0.00%
M. Carlos Alberto da Veiga Sicupira
0
0
0.00%
M. Max Van Hoegaerden Herrmann Telles
0
0
0.00%
BRC SàRL (Luxembourg law)
28,097,078
26,376,389
1.31%
EPS SA (Luxembourg law)
99,999
67,333,330
3.33%
EPS Participations
67,291,593
0
0.00%
Stichting Anheuser-Busch InBev
663,074,832
663,074,832
32.84%
Anheuser-Busch InBev
60,847,101
46,410,735
2.30%
Brandbrew
265,894
265,894
0.01%
Brandbev
172,467
172,467
0.01%
Ambrew
200,000
200,000
0.01%
Subtotal
820,048,964
803,833,647
39.81%
Rayvax Société d'investissements SA
50,000
50,000
0.00%
Subtotal
50,000
50,000
0.00%
Stichting Fonds InBev Baillet Latour
0
0
0.00%
Fonds Baillet Latour
5,485,415
5,485,415
0.27%
Subtotal
5,485,415
5,485,415
0.27%
Fonds Verhelst SC
0
0
0.00%
Fonds Voorzitter Verhelst
6,997,665
6,997,665
0.35%
Subtotal
6,997,665
6,997,665
0.35%
TOTAL
816,366,727
0
40.43%
0.00%
B) Equivalent financial
instruments
After the transaction
Holders of equivalent financial instruments
Type of financial instrument
Expiration date
Exercise period or date
# of voting rights that may be acquired if the instrument is
exercised
% of voting rights
Settlement
TOTAL
0
0.00%
TOTAL (A & B)
# of voting rights
% of
voting rights
816,366,727
40.43%
Chain of controlled entities through which the shareholding is effectively held:
Agreement of concert and shareholding structure of AB InBev:
EPS, Rayvax Société d'Investissements, BRC and Stichting Anheuser-Busch InBev are bound by a shareholders' agreement organizing the joint control of Stichting Anheuser-Busch InBev by EPS and BRC and organizing a concert with Rayvax Société d'Investissements.
AB InBev and its subsidiaries Brandbrew, Ambrew and Brandbev are controlled by Stichting Anheuser-Busch InBev, which is jointly controlled by EPS and BRC.
Fonds Baillet Latour and Fonds Voorzitter Verhelst have also signed an agreement to act in concert with Stichting Anheuser-Busch InBev. Fonds Baillet Latour is controlled by the stichting under Dutch law Fonds InBev Baillet Latour. Fonds Voorzitter Verhelst is controlled by Fonds Verhelst SC.
Rayvax Société d'Investissements is not controlled.
EPS is not controlled.
The ultimate control of BRC is jointly owned by Mr Jorge Paulo Lemann, Carlos Alberto da Veiga Sicupira and Max Van Hoegaerden Herrmann Telles. A table regarding BRC's complete chain of control was included in annex to the notification.
Additional information: Following the dissolution on 13 May 2026 of EPS Participations, a wholly-owned subsidiary of EPS, EPS Participations' shareholding decreased from 3.33% to 0%, and EPS's direct shareholding increased from 0% to 3.33% in Anheuser-Busch InBev. This transaction does not change the aggregate shareholding of the persons subject to the notification obligation. Separately, the percentage of voting rights attached to the shares held by Anheuser-Busch InBev has crossed downwards the threshold of 3%, and the percentage of voting rights attached to the shares held in aggregate by Anheuser-Busch InBev and the parties to the shareholders' agreement has crossed downwards the threshold of 40%, on 13 May 2026, prompted by the delivery of treasury shares by Anheuser-Busch InBev.
Certificates issued by Stichting Anheuser-Busch InBev (administrative office): EPS holds 331,537,416 certificates and BRC holds 331,537,416 certificates issued by Stichting Anheuser-Busch InBev. Each of these certificates potentially entitles the holder to 1 Anheuser-Busch InBev share, which is held by Stichting Anheuser-Busch InBev. These certificates are not included in point 10) B), otherwise the voting rights they represent would have been counted twice.
The natural persons exercising ultimate control over BRC make the declaration on behalf of the companies exercising intermediate control above BRC, pursuant to article 11, §1 of the Law of 2 May 2007. Given that a large number of companies have intermediate control over BRC without holding a stake in Anheuser-Busch InBev, these companies have not been included in the table of shareholdings, but in a separate table included in annex to the notification.
Anheuser-Busch InBev makes the declaration on behalf of Brandbrew Ambrew and Brandbev, its subsidiaries, pursuant to article 11 § 1 of the Law of 2 May 2007.
Stichting Fonds InBev Baillet Latour makes the declaration on behalf of SC Fonds Baillet Latour, pursuant to article 11, §1 of the Law of 2 May 2007. Stichting does not directly hold any shares of Anheuser-Busch InBev.
The cooperative company Fonds Verhelst makes the declaration on behalf of SC Fonds Voorzitter Verhelst, pursuant to article 11, §1 of the Law of 2 May 2007. The first of these companies does not directly hold any shares of Anheuser-Busch InBev.
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 https://www.ab-inbev.com.
About 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. Beer is the drink for moderation, and for over a century, AB InBev has championed responsible drinking. We are committed to providing our consumers with Balanced Choices to enjoy on any occasion. We also invest in marketing that aims to reinforce positive behaviors, and we work with communities, customers, and partners to promote responsible consumption through evidence-based initiatives.
Our diverse portfolio of well over 400 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 137 000 colleagues based in more than 40 countries worldwide. For 2025, AB InBev's reported revenue was 59.3 billion USD (excluding JVs and associates).
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
Patrick Ryan
E-mail: patrick.ryan@ab-inbev.com
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