Disclosure Made According to the Requirements of the Royal Decree of 29 April 2019 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”) Disclosure Made According to the Requirements of the Royal Decree of 29 April 2019 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. 10 November 2020 – Anheuser-Busch InBev (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH) (“AB InBev”) discloses the following OTC disposals of AB InBev shares to its employees in connection with incentive plans, in accordance with article 8:6 of the Royal Decree of 29 April 2019 implementing the Code of Companies and Associations. Reason for delivery Date of delivery Exercise price Number of shares Employee Options Plan 07 Oct 2020 EUR 42.41 1,933 Employee Options Plan (ADS) 08 Oct 2020 USD 56.02 4,063 Employee Options Plan (ADS) 12 Oct 2020 USD 56.02 2,563 Share-Based Incentive Plans 30 Oct 2020 N/A 309 Employee Options Plan 02 Nov 2020 EUR 42.41 6,734 Employee Options Plan 03 Nov 2020 EUR 42.41 52,529 Employee Options Plan 03 Nov 2020 EUR 44.00 5,715 Employee Options Plan 05 Nov 2020 EUR 42.41 9,849 Employee Options Plan 06 Nov 2020 EUR 42.41 30,870 Employee Options Plan (ADS) 06 Nov 2020 USD 56.02 20,008 Employee Options Plan 09 Nov 2020 EUR 42.41 140,431 Employee Options Plan 09 Nov 2020 EUR 44.00 2,878 Employee Options Plan (ADS) 09 Nov 2020 USD 56.02 180,060 Employee Options Plan (ADS) 09 Nov 2020 USD 58.44 8,541 This notification will be posted on www.ab-inbev.com. 1 ab-inbev.com About Anheuser-Busch InBev 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). Our Dream is to bring people together for a better world. Beer, the original social network, has been bringing people together for thousands of years. We are committed to building great brands that stand the test of time and to brewing the best beers using the finest natural 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 170,000 employees based in nearly 50 countries worldwide. For 2019, AB InBev’s reported revenue was 52.3 billion USD (excluding JVs and associates). ANHEUSER-BUSCH INBEV CONTACTS Investors Media Lauren Abbott Ingvild Van Lysebetten Tel: +1 212 573 9287 Tel: +32 16 276 608 E-mail: lauren.abbott@ab-inbev.com E-mail: Ingvild.vanlysebetten@ab-inbev.com Maria Glukhova Fallon Buckelew Tel: +32 16 276 888 Tel: +1 310 592 6319 E-mail: Maria.Glukhova@ab-inbev.com E-mail: fallon.buckelew@ab-inbev.com Jency John Tel: +1 646 746 9673 E-mail: jency.john@ab-inbev.com 11 November 2020 JSE Sponsor: Questco Corporate Advisory Proprietary Limited 2 ab-inbev.com Date: 11-11-2020 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.