Budweiser Brewing APAC : POLL RESULTS AT THE ANNUAL GENERAL MEETING HELD ON 30 APRIL 2021 AND PAYMENT OF THE FINAL DIVIDEND

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Budweiser Brewing Company APAC Limited

百威亞太控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1876)

POLL RESULTS AT THE ANNUAL GENERAL MEETING

HELD ON 30 APRIL 2021 AND

PAYMENT OF THE FINAL DIVIDEND

POLL RESULTS AT THE ANNUAL GENERAL MEETING HELD ON 30 APRIL 2021

At the annual general meeting (the "AGM") of Budweiser Brewing Company APAC Limited (the "Company") held on 30 April 2021, all the proposed resolutions as set out in the notice of the AGM dated 29 March 2021 were taken by poll. Unless otherwise defined, capitalised terms used herein shall have the same meanings as used in the Company's circular dated 29 March 2021. The poll results are as follows:

		Ordinary Resolutions	Number of Votes (%)*
		For	Against
1.	To receive and consider the audited consolidated	12,982,852,474	1,341,602
	financial statements of the Company and the reports	(99.99%)	(0.01%)
	of the directors and auditors for the year ended 31
	December 2020.
2.	To declare a final dividend of US$2.83 cents per	12,982,909,969	1,284,107
	share for the year ended 31 December 2020.	(99.99%)	(0.01%)
3.	(a)	To re-elect Ms. Katherine Barrett as Non-	12,952,303,521	31,890,555
		executive Director.	(99.75%)	(0.25%)
	(b)	To re-elect Mr. Nelson Jamel as Non-executive	12,858,910,672	125,283,404
		Director.	(99.04%)	(0.96%)
	(c)	To re-elect Mr. Martin Cubbon as Independent	12,937,790,065	46,404,011
		Non-executive Director.	(99.64%)	(0.36%)
	(d)	To authorize the board of Directors (the	12,983,648,666	545,410
		"Board") to fix the Directors' remuneration.	(100.00%)	(0.00%)

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	Ordinary Resolutions	Number of Votes (%)*
	For	Against
4.	To re-appoint PricewaterhouseCoopers as the	12,944,088,891	40,104,785
	independent auditors of the Company to hold	(99.69%)	(0.31%)
	office until the conclusion of the next AGM and to
	authorize the Board to fix their remuneration.
5.	To give a general mandate to the Directors to	12,975,052,007	9,202,669
	repurchase Shares of the Company not exceeding	(99.93%)	(0.07%)
	10% of total number of issued shares of the
	Company as at the date of passing of this resolution.#
6.	To give a general mandate to the Directors to	11,897,110,240	1,087,144,436
	allot, issue and deal with additional Shares of the	(91.63%)	(8.37%)
	Company not exceeding 20% of the total number
	of issued shares of the Company as at the date of
	passing of this resolution.#
7.	To extend the general mandate granted to the	11,923,512,472	1,060,742,204
	Directors to allot, issue and deal with additional	(91.83%)	(8.17%)
	Shares in the capital of the Company by the
	aggregate number of the shares repurchased by the
	Company.#
8.	To give a specific mandate to the Directors to issue,	11,999,228,776	985,025,900
	allot and deal with 5,982,478 new Shares to the	(92.41%)	(7.59%)
	Trustee in relation to the grant of RSUs and Locked-
	up Shares to the Non-Connected Participants.#
9.	To give a specific mandate to the Directors to issue,	11,998,729,146	985,525,530
	allot and deal with a maximum of 132,433,970 new	(92.41%)	(7.59%)
	Shares to the Trustee in relation to the grant of
	RSUs and Locked-up Shares to the Non-Connected
	Participants during the Applicable Period.#
10.	To give a specific mandate to the Directors to issue,	12,027,941,065	956,313,611
	allot and deal with 12,348,432 new Shares to the	(92.63%)	(7.37%)
	Trustee in relation to the grant of RSUs and Locked-
	up Shares to the Connected Participants. #
11	To give a specific mandate to the Directors to issue,	12,027,941,065	956,313,211
	allot and deal with a maximum of 8,998,634 new	(92.63%)	(7.37%)
	Shares to the Trustee in relation to the grant of RSUs
	and Locked-up Shares to the Connected Participants
	during the Applicable Period.#

*

#

All percentages are rounded to two decimal places.

The full text of resolutions numbered 5 to 11 are set out in the Company's notice of AGM dated 29 March 2021.

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As a majority of the votes were cast in favour of each of the resolutions numbered 1 to 11, such resolutions were duly passed as ordinary resolutions.

As at the date of the AGM, the total number of shares of the Company (the "Shares") in issue was 13,243,397,000 Shares, which was the total number of Shares entitling the holders to attend and vote on the resolutions at the AGM.

Pursuant to Chapter 14A of the Listing Rules, the Connected Participants, Trustee and their respective associates (holding approximately 0.17% of the Shares in issue as at the date of the AGM) are required to abstain from voting on the relevant resolution at the Annual General Meeting to approve the ordinary resolutions numbered 10 and 11. Save for the Trustee, the Connected Participants and their respective associates, to the best of the Directors' knowledge, information and belief, no other Shareholder has a material interest in the ordinary resolutions numbered 10 and

11. Accordingly, no other Shareholder is required to abstain from voting on the relevant resolutions on the ordinary resolutions numbered 10 and 11 at the AGM. Saved as disclosed above, none of the Shareholders of the Company have stated their intention in the Company's circular dated 29 March 2021 to vote against or to abstain from voting on any other resolutions at the AGM.

The Company's branch share registrar, Computershare Hong Kong Investor Services Limited, acted as the scrutineer for the vote-taking at the AGM.

PAYMENT OF THE FINAL DIVIDEND

With respect to the ordinary resolution numbered 2 above, the Board refers to the 2020 Annual Report of the Company published on 29 March 2021 and the Company's circular dated 29 March 2021, and wishes to inform the Shareholders that a final dividend of HK$21.96 cents per Share (equivalent to US$2.83 cents per Share, based on the exchange rate of US$1 to HK$7.7614) for the year ended 31 December 2020 is expected to be distributed on Wednesday, 23 June 2021 to the Shareholders whose names appear on the Company's register of members at 4:30 p.m. on Monday, 24 May 2021.

By Order of the Board

Budweiser Brewing Company APAC Limited

Bryan Warner

Joint Company Secretary

Hong Kong, 30 April 2021

As at the date of this announcement, the Board of Directors of the Company comprises Mr. Jan Craps as Co-Chair and Executive Director, Mr. Carlos Brito as Co-Chair and Non-executive Director, Ms. Katherine Barrett (Mr. John Blood as her alternate) and Mr. Nelson Jamel (Mr. David Almeida as his alternate) as Non-executive Directors, and Mr. Martin Cubbon, Ms. Mun Tak Marjorie Yang and Ms. Katherine King-suen Tsang as Independent Non-executive Directors.

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