Anheuser Busch InBev : Disclosure Made According to the Requirements of the Royal Decree of 29 April 2019

Press Release

Brussels / 9 September 2020 / 8:00 p.m. CET

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.

Disclosure Made According to the

Requirements of the Royal Decree of 29

April 2019

9 September 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 (ADS)	05	Jun 2020	USD 56.02	232
Share-Based Incentive Plans	10	Jun 2020	N/A	212
Employee Options Plan	16	Jun 2020	EUR 42.41	750
Employee Options Plan	19	Jun 2020	EUR 42.41	357
Employee Options Plan	24	Jun 2020	EUR 42.41	500
Employee Options Plan (ADS)	31	Jul 2020	USD 56.02	750
Employee Options Plan	06	Aug 2020	EUR 42.41	1,418
Employee Options Plan	10	Aug 2020	EUR 42.41	1,500
Share-Based Incentive Plans	14	Aug 2020	N/A	19,002
Share-Based Incentive Plans (ADS)	14	Aug 2020	N/A	35,480
Employee Options Plan (ADS)	18 Aug 2020	USD 56.02	75
Employee Options Plan (ADS)	19	Aug 2020	USD 56.02	1,526
Employee Options Plan	26	Aug 2020	EUR 42.41	2,500
Employee Options Plan (ADS)	26 Aug 2020	USD 56.02	400
Employee Options Plan	27	Aug 2020	EUR 42.41	3,367
Employee Options Plan (ADS)	27	Aug 2020	USD 56.02	1,126
Employee Options Plan	01 Sep 2020	EUR 42.41	1
Employee Options Plan	02	Sep 20	EUR 44.00	5,246
Employee Options Plan (ADS)	02 Sep 20	USD 56.02	736
Employee Options Plan	03 Sep 20	EUR 42.41	650
Employee Options Plan (ADS)	03 Sep 20	USD 56.02	3,822
Employee Options Plan	07	Sep 20	EUR 42.41	6,127

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Press Release

Brussels / 9 September 2020 / 8:00 p.m. CET

This notification will be posted on www.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: [phone]	Tel: [phone]
E-mail:[e-mail]	E-mail:[e-mail]
Mariya Glukhova	Fallon Buckelew
Tel: [phone]	Tel: [phone]
E-mail:[e-mail]	E-mail:[e-mail]
Jency John
Tel: [phone]
E-mail:[e-mail]

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