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Anheuser-Busch InBev has appointed Dirk Van de Put, an independent director since April 2023, as its new Chairman of the Board, effective 16 June 2026. He succeeds Martin J. Barrington, who retired from the Board at the Annual Shareholders’ Meeting.
Van de Put is Chairman and CEO of Mondelēz International and has more than 30 years of experience across global food, beverage, and consumer packaged goods companies. AB InBev highlights his international background and commercial expertise as it pursues its long-term strategy. The company reported 2025 revenue of 59.3 billion USD and operates a portfolio of well over 400 beer brands supported by approximately 137,000 colleagues worldwide.
Stichting Anheuser-Busch InBev and affiliated holders have filed Amendment No. 8 to their Schedule 13D on Anheuser-Busch InBev SA/NV, updating their ownership and governance arrangements. The group reports beneficial ownership of 1,031,302,286 Ordinary Shares, representing 52.3% of the class based on 1,972,133,054 shares deemed outstanding as of May 13, 2026.
Through Stichting Anheuser-Busch InBev, BRC, EPS, Rayvax and related foundations together indirectly and directly hold 769,317,631 Ordinary Shares, representing about 39.0% of the voting rights excluding treasury shares. The Amendment records a new 2026 Shareholders' Agreement, under which BRC and EPS jointly control the Stichting, share board appointment rights, coordinate how Stichting-held shares are voted at AB InBev and align voting by certificate holders.
The 2026 Shareholders' Agreement also restricts transfers of Stichting certificates, requires orderly share disposals, limits EPS and BRC from acquiring Ambev stock and sets governance mechanics for nominating eight AB InBev directors. It runs initially until August 27, 2034, with automatic ten-year renewals unless terminated in advance.
Anheuser-Busch InBev SA/NV filed a Form 6-K furnishing an English translation of its fully updated Articles of Association following amendments made on April 29, 2026. The coordinated text sets out the company’s capital structure, share classes, governance rules and Belgian law references.
The share capital is EUR 1,238,608,344.12, represented by 2,019,241,973 no-par-value shares, including 222,038,442 Restricted Shares with specific transfer and conversion rules. The Articles also confirm a five‑year authorisation for the board to increase capital within defined limits and to repurchase up to 20% of issued shares within a set price range.
The document details shareholder meeting procedures, preferential subscription rights, additional disclosure thresholds at 3% and 7.5%, board composition mechanics, and equal dividend rights for ordinary and restricted shares. Overall, it primarily codifies corporate governance and capital provisions rather than operating or earnings changes.
Anheuser-Busch InBev delivered solid growth for the three-month period ended 31 March 2026. Revenue reached USD 15,267 million, up 12%, while total volumes were broadly flat at 136.4 million hectoliters, reflecting pricing, premiumization and mix rather than volume expansion.
Profit from operations rose to USD 4,129 million, a 16.7% increase, and Normalized EBITDA grew 12% to USD 5,437 million. Profit attributable to equity holders climbed to USD 2,563 million versus USD 2,148 million, driving basic EPS of USD 1.30. Underlying profit was USD 1,923 million with Underlying EPS of USD 0.97, helped by stronger results in Middle and South America and disciplined cost control, partly offset by higher operating expenses and continued net finance expense.
AB InBev delivered a strong start to 2026, with first quarter revenue up 5.8% to 15,267 million USD, driven by volume growth and higher revenue per hectoliter. Total volumes grew 0.8%, including 1.2% beer volume growth, supported by record first‑quarter volumes in key markets such as Mexico, Colombia, Brazil, South Africa and Peru.
Normalized EBITDA increased 5.3% to 5,437 million USD with broadly stable margins as higher sales and marketing spend was funded by cost discipline. Underlying profit rose to 1,923 million USD, and Underlying EPS climbed 20.8% to a record first‑quarter level of 0.97 USD.
Management highlighted strong momentum in global megabrands, with revenues for Corona, Stella Artois and Michelob Ultra growing 16%, 14% and 39% respectively outside their home markets. No‑alcohol beer revenue grew 27% and Beyond Beer revenue grew 37%, while the BEES digital marketplace reached 1.1 billion USD in quarterly GMV, up 55%.
Anheuser-Busch InBev is announcing that longstanding Chairman Martin J. Barrington will retire from the Board after the Annual Shareholders’ Meeting on 29 April 2026. He has served as a director since 2016 and as Chairman since 2019, extending his tenure beyond the normal retirement age of 70 at the Board’s request.
To fill the Restricted Share Director seat, Restricted Shareholders have proposed William F. Gifford, Jr., the retiring CEO of Altria Group and a former AB InBev director, subject to shareholder approval at the same meeting. A new Chairman will be selected in due course with input from the refreshed Board. AB InBev highlights its global scale, noting 2025 reported revenue of 59.3 billion USD and a portfolio of more than 400 beer brands.
Anheuser-Busch InBev filed its Annual Report on Form 20-F for the year ended 31 December 2025 with the U.S. Securities and Exchange Commission. The report is available on the company’s website and on the SEC’s website as of 3 March 2026.
Printed copies of the complete audited financial statements in the Form 20-F can be requested free of charge through Issuer Direct Corp. AB InBev highlights that its reported revenue for 2025 was 59.3 billion USD, reflecting the scale of its global beer operations.
Anheuser-Busch InBev SA/NV files its annual Form 20-F, presenting audited consolidated results under IFRS for the three years ended 31 December 2025. The company reports 2025 revenue of $59.3 billion, down $0.4 billion from 2024, largely due to adverse currency translation effects of $1.3 billion, mainly from the Argentine peso, Brazilian real and Mexican peso.
About 75% of revenue comes from subsidiaries with non‑U.S. dollar functional currencies, and roughly 65% from developing markets, increasing exposure to FX, inflation and political risk. Ambev contributes 26.6% of 2025 revenue ($15.8 billion) and Budweiser APAC 9.7% ($5.8 billion). The report highlights risks from macroeconomic weakness, commodity and energy cost volatility, geopolitical conflicts, sanctions affecting the AB InBev Efes investment, high leverage and potential credit rating changes, water availability, regulation, taxation and evolving consumer preferences.