INTERNATIONAL BREWERIES : EGM RESOLUTIONS

Registered Office:

Plot 5A, Abuja Street, Banana Island,

Ikoyi, Lagos - Nigeria

www.international-breweries.com

April 17, 2024

LAGOS, NIGERIA

The public is hereby notified that at the Extraordinary General Meeting of International Breweries Plc ("the Company") duly convened and held at The External Ballroom,Federal Palace Hotel, Victoria Island, Lagos on Monday, 15th April 2024, at 10:00 a.m., the following resolutions were proposed and duly passed by the shareholders:

THAT:

1. Approval of Shareholders Loan
   That the convertible loan of US$379.9million from AB InBEV Nigeria Holdings BV
   ('Shareholder Loan") in respect of the repayment of the loan obtained by the Company from
   Citibank Abu Dhabi is hereby accepted and approved in accordance with the terms and conditions presented by the Management of the Company.
2. Conversion of the loan to equity
   That subject to complying with applicable regulatory requirements, the Directors are authorized to apply all sums due from the Company to AB InBEV Nigeria Holdings BV under the Shareholders Loan, towards payment for any shares subscribed for by AB InBev Nigeria
   Holdings BV in the company's Right Issue that has been approved by the Shareholders of the
   Company.
3. Signatory Authorization
   That a Director and the Company Secretary are authorized to sign and execute all documents necessary to appoint such parties and advisers, and all other documents, as may be necessary to give effect to the above resolutions including without limitation to complying with the directives of any regulatory authority.

Thank you.

For: International Breweries Plc.

______________________________

Company Secretary / Legal Counsel

Dr. (Mrs.) Marian Reginald-Ukwuoma

Registered in Nigeria RC No. 9632

Board of Directors: His Majesty Nnaemeka Alfred Achebe (Chairman), Akintoye Omole, Carlos Coutino - Managing Director (Guatemalan), Andrew Whiting (British) Non-ExecutiveDirector, Olutoyin Odulate (Independent Non-ExecutiveDirector), Bruno Zambrano - Director (Colombian),

Michael Ajukwu, Olugbenga Awomolo, David Tomlinson - Executive Director (American), Richard Rivertt-Carnac (British), Cherian Kurien -Non-Executive Director (Indian)