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Notice of Currency Exchange Rate 2025 Final Dividend
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")
Notice of Currency Exchange Rate
2025 Final Dividend
AB InBev shareholders are referred to the announcement published on the Stock Exchange News Service of the
Johannesburg Stock Exchange ("JSE") ("SENS") on Thursday, 12 February 2026 and are advised that the final dividend
of €1.00 per share (the "Dividend") proposed by the board of directors of AB InBev was approved by AB InBev
shareholders at the Annual General Meeting held on Wednesday, 29 April 2026.
The exchange rate applicable for the conversion of Euro to SA Rand for the Dividend will be €1.00 to ZAR 19.4244600,
as calculated at the close of business on Wednesday, 29 April 2026. Accordingly, the gross amount of the Dividend is
1,942.44600 SA cents per share and will be subject to a Belgian Withholding Tax of 30% (equalling 582.73380 SA cents
per share) which will be withheld from the gross Dividend paid to shareholders.
After the Belgian Withholding Tax has been withheld, the net Dividend will be 1,359.71220 SA cents per share. This
withholding tax is reduced to 15% in terms of the double tax treaty in force between Belgium and South Africa. A rebate
of the additional Belgian Withholding Tax of 15% which is withheld in Belgium must be claimed by SA shareholders in
accordance with the relevant reimbursement process noted in the announcement published on SENS on Thursday, 12
February 2026.
The Dividend may also be subject to SA Dividends Tax at the rate of 20%, unless a shareholder qualifies for an
exemption. Any shareholder that receives a Dividend which is subject to SA Dividends Tax (i.e. where no exemption is
available) will qualify for a 15% rebate from SA Dividends Tax, being the Belgian Withholding Tax of 15%.
The ultimate result is that the Dividend will be subject to a reduced Belgian Withholding Tax rate of 15% and subject to
SA Dividends Tax at a rate of 5% (unless a shareholder qualifies for an exemption from SA Dividends Tax, in which
case only Belgian Withholding Tax of 15% will be applicable).
ZAR cents
Gross amount of the Dividend 1,942.44600
Less: 30% Belgian Withholding Tax 582.73380
Net Dividend after the deduction of the Belgian Withholding Tax 1,359.71220
Less: 5% SA Dividends Tax 97.12230
Net amount of the Dividend 1,262.58990
The timetable for the Dividend is as follows:
2026
Last day to trade on Johannesburg Stock Exchange (JSE) to qualify for the Tuesday, 5 May
Dividend
Ex-Dividend on JSE from commencement of trading on Wednesday, 6 May
Last day to trade on Euronext to qualify for the Dividend Wednesday, 6 May
Ex-Dividend on Euronext from commencement of trading on Thursday, 7 May
Record date (Euronext and JSE) Friday, 8 May
Dividend payable (Euronext and JSE) Monday, 11 May
No transfers of shareholdings to and from South Africa will be permitted between Tuesday, 5 May 2026 and Friday, 8
May 2026 (both dates inclusive). No dematerialisation or rematerialisation orders will be permitted between Thursday,
7 May 2026 and Monday, 11 May 2026 (both dates inclusive).
The Dividend is payable in SA Rand to shareholders whose shares are traded on the JSE and held through Central
Securities Participants and brokers. Shareholders who are in any doubt as to their tax position should seek independent
professional advice.
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
Patrick Ryan
E-mail: patrick.ryan@ab-inbev.com
4 May 2026
JSE Sponsor: Questco Corporate Advisory Proprietary Limited
Anheuser-Busch 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).
Date: 04-05-2026 07:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
